» VARIOUS COMPLIANCES AND DUE DATES FOR COMPANIES

Broadly an incorporated body in India requires compliance on following counts , the details are as follows :

INCORPORATION
• Availability of Name 1A —
• Registration    
— Private Limited Company 1, 18, 32 —
— Public Limited Company 1, 18, 32, 29 —
ALTERATION OF MAA
• Change of Name 1A —
  23 30 days
• Change of Regd. Office    
— In the same city within local limits 18 30 days
— Outside local limits of city, town or village 23, 18 30 days
— In the same State but within the jurisdiction of another ROC 23, 18, 30 days
— From one State to another 23 30 days
  21
18		 3 months
30 days
• Alteration of Objects clause 23, 21 30 days
CONVERSION OF
Private to Public 23 30 days
Public to Private 23
1B		 30 days
3 months from spl. Resolution
DEPOSITS
Acceptance of Deposits
Return of Deposits 30th June
SHARE CAPITAL
DEBENTURES & SECURITIES
• Issue – Where Prospectus is issued Prospectus Before Issue
• Where no Prospectus is issued 2A —
Statement in lieu of Prospectus 3 days before 1st Allotment
• Allotment 2 30 days
3 30 days
• Payment to under-writers in case of shares or debentures not offered to public and disclosed 4 Before payment
• Increase pursuant to Government Order 5 30 days
• Consolidation of share capital, Conversion of shares into stock, etc. 5 30 days
• Increase of share capital or of members. 5 30 days
• Revalidation of Transfer Deed 7C —
• Shelf Prospectus Shelf Prospectus Before 1st issue
BUY-BACK OF SECURITIES
• Declaration of Solvency 4A 30 days
• Register of Securities bought back 4B On completion of buy-back
• Return for buy-back of Securities 4C 30 days
REGISTRATION OF CHARGES
• Creation/Modification* 8, 13 30 days
• For Debenture Series 10 & 13 30 days
• Satisfaction* 17 & 13 30 days
MANAGEMENT & ADMINISTRATION
• Officer in default    
— Appointment 1AA 30 days
— Withdrawal of consent 1AC 30 days
• Commencement of Business 19 Before commencing or exercising any borrowing powers
20 — do —
• Commencement of New Business 20A,

23

Before commencing

30 days

• Foreign Register of Members Notice of situation 30 days
• Annual Returns for Company with Share Capital Part II of Sch. V 60 days of AGM or AGM due
— Without Share Capital 21A 60 days of AGM
— Notice of Trust III 30 days
• Special Resolutions, & for the following other resolutions :    
a) Agreed by all members or class of members which otherwise would have to be passed as Special Resolution
b) Board resolutions relating to appointment or variation of the terms of appointment of a Managing Director.
c) Giving powers to the Board u/s. 293
d) Appointment of sole selling agent u/ss. 294 and 294AA
e) Voluntary winding up
23 30 days
ACCOUNTS, AUDIT AND SECRETARIAL COMPLIANCE
• Books of Account – Situation other than Registered Office 23AA 7 days
• Annual Accounts — 30 days
  23AB 30 days
• Appointment/ Reappointment of Auditor 23B 30 days of intimation
• Secretarial Compliance Certificate — 30 days of AGM
DIRECTORS
• Acceptance of Directorship of Public Co. 29 30 days
• Appointment of Managing/Wholetime Director/Manager 25C 90 days
• Appointment or change in Director/Secretary 32 30 days
JOINT STOCK CO.
• Registration of Joint Stock Companies 37, 39, 40 & 41 Before Registration
• Registration of Non-joint Stock Companies 38 & 42 — do —
FOREIGN COS.
• Establishment of place of Business in India 44 30 days
• Alterations of :    
a) Memorandum, Charter or Articles
b) Registered or Principal Office
c) Director/Secretary
d) Person authorised to accept service of document
e) Principal place in India
49 & 52 On/before 31st Jan. of the year following the year in which alterations are made for (a), (b) & (c) 30 days for (d) and (e)
• Copies of Accounts and Business places list 52 9 months of F.Y.
• Cease to have place of Business in India 52 Forthwith
• Charges/Modifications/ satisfaction of charges & appointment of receiver 55, 56, 57, 58, 59 & 60 30 days
• Annual Return Annual Return 60 days of F.Y.
• Books of Account 23AA 7 days
• Prospectus Prospectus Copy Before issue in India
Note: Sections 391 to 560 covering Compromise and Arrangement, Oppression and Management, Receivers and Managers, Winding-up not mentioned as their usage in day-to-day practice is low.