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Secretarial Services
Frequently Asked Question
Every Company incorporated under the Companies Act 1956 & 2013 has to comply with certain mandatory Company Law / ROC compliances laid down under the Companies Act. These ensure and certify the legal and smooth functioning of the said Company. Non Compliance of these statutory requirements result in heavy fees and penalties. Also, there can be many other requirements by the company to make changes in its structure, director details, addresses, stakes held by directors and so on for which there is a legal procedure laid down under the Companies Act. All these services are included under the company management section of our Company Secretary Services.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
Every Incorporated Company has to comply with certain mandatory Company Law/ROC compliances, which ensure in the legal and smooth functioning of the said Company. Non Compliance of this statutory requirement results in heavy fees and penalties, which is up to 12 times the normal filing fees in case of PVT/OPC Company or Rs 100 everyday + normal filing fee in case of LLP.
The Pricing Rs 7,999/- for LLP and Rs 11,999/- for OPC/PVT are exclusive of Government fees. However, for Event based compliance like Addition/removal of Director, renewal of DSC, changes in authorized capital, transfer of shares etc. the government fee will be charged at actual.
Appointing a full time CS can cost a company anywhere from Rs 20,000 to Rs 50,000/-
By appointing us as your CS, you are paying just Rs 700 – Rs 1000/- every month!
Also in case of mandatory/compulsory compliance professional fee generally charged by CA/CS is around Rs 20,000/- and extra for Event based services!
Frequently Asked Question
An Annual Filling is a mandatory filing to be made by the company incorporated in India. The E-form filing along with the required documents must be filed with MCA.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
The Company will be considered as the defaulting company and liable to pay the penalty. The amount of penalty will depend on the number of days in default till the default continues.
Annual filing consists of the balance sheet of the company, profit and loss account, certifications if any, details of members, details of shareholders and its shareholdings and details of Directors.
The Annual filing documents of the Company must be signed by the Directors of the Company. The financial statements must be audited & signed by a Chartered Accountant.
Frequently Asked Question
Annual return is a mandatory filing to be made by all LLPs in India. The Annual return along with the required documents must be filed with the Ministry of Corporate Affairs.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
The Statement of Accounts and Solvency is a mandatory filing that is required for all LLPs in India. The Statement of Accounts and Solvency contains a declaration on the state of solvency of the LLP by the designated partners and also information related to the statement of assets and liabilities and statement of income and expenditure of the LLP.
The Annual return of an LLP is due within 60 days of close of financial year. Annual return of an LLP is due on or before May 30th of each financial year.
Late filing or non-filing of LLP Annual Return or Statement of Accounts and Solvency before the due date will attract a penalty of Rs.100 for each day of default.
Frequently Asked Question
Name of the Company will be effective from the date of issue of Certificate.
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No charges for obtaining requirement list and Quotation.
CG approval is required when there is an addition and deletion of the word “Private”.
ROC must be intimated within 30 days of passing the resolutions in the general meeting.
No, change in the company name will not create any new entity.
Name of the company must be according to the Companies Incorporation Rules 2014.
Frequently Asked Question
Yes, the Registered Office of a Company or LLP can be the residence of one of the Directors or Managing Partners.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
The procedure for changing the Registered Office of a Company will depend on the nature of the change of address. Change in Registered Office is classified mainly into three types:
i) Change of Registered Office within the same village/town/city
ii) Change of Registered Office within the same Registrar of Company (ROC) jurisdiction and
iii) Change of Registered Office of the Company from one ROC to another ROC jurisdiction.
Documents can be downloaded from ROC site.
ROC must be notified of the change in Registered Office by filing the appropriate documents within 30 days of change of Registered Office premises.
All books of accounts shall be kept at the registered office of the company.But if they are kept at any other place, then company shall send a notice in writing to the registrar of that place.
No, the Registered Office of a Company or LLP must be in the State where the company was incorporated in India.
Frequently Asked Question
The reasons could be economic recession, lack of funds, better opportunities elsewhere, major loss, labour conflict, management dispute etc.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
Yes, The Company which has not commenced any business activity or operation since incorporation or from past one year there has been no transaction or business activity and there is no future expected activity, such companies should be closed down.
Yes, any company, which has not filed its statutory documents i.e. Balance Sheet and Annual Return for any of the financial year 2006-07, 2007-08, 2008-09 and 2009-10, has been identified as defaulting company. Directors of such companies are debarred from filing any document till they make the default good. Such defaulting companies can apply under FTE (Fast Track Exit).
The guidelines does not inter-alia cover the listed companies, companies that have been de-listed due to non-compliance of listing agreement or any other statutory Laws, section 8 companies, vanishing companies, companies under inspection/investigation, companies against which prosecution for a non-compoundable offence is pending in court, companies having outstanding public deposits or secured loan or dues towards banks and financial institutions or any other Government Departments etc. or having management dispute or company in respect of which filing of documents have been stayed by court or CLB or Central Government or any other competent authority.
If the pending prosecutions are only for non-filing of Annual Returns under section 159 and Balance Sheet under section 220 of the Act, such application may be accepted provided the applicants have already filed the compounding application. However, steps for final strike of the name of the company will be taken only after disposal of compounding application by the competent authority.
Frequently Asked Question
Yes. You may submit an online application to strike off the LLP.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox.
No charges for obtaining requirement list and Quotation.
You may wind up the affairs of the LLP voluntarily.
The LLP may also opt for creditors voluntary winding up.
The LLP can also be wound up under an Order of Court.
The LLP may apply to strike its name off the register pursuant to Section 28 of the LLPAct.
Yes, the application can be submitted online.
It is necessary to file Closure with the ROC as ROC or MCA data base need to be updated and the LLP is free from all its legal compliances as it is officially closed.
Even though business of the company is closed, unless closure documents are filed and approved by the ROC, company is not legally closed and the LLP needs to file all the regular returns.
FTE is a company closure scheme initiated by MCA for easy and faster closure of LLP.
Any LLP which has been inoperative for more than 1 year or incorporated for more than One year and have no business can apply for Closure under FTE scheme.
Form 11 & Form 8 filing need to be up to date, otherwise the closure of LLP may be rejected by ROC.
The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.
Frequently Asked Question
- Failure to commence business within one year of incorporation
- Failure to carry any business or operations for two immediately preceding financial years
- Extinguish of all liabilities
Click on Get Quotation tab above and fill the details, you will receive required documents list & quotation in few seconds in your mailbox.
No charges for requirement list and Quotation.
The Registrar of Companies has the authority to strike off the defunct companies or even the companies which have not done their statutory filings.
Application to be submitted before NCLT for restoration of struck of Company.
- Copy of Companies AOA and MOA
- Director' List.
- Certified True copy of the Registrar's order for Strike off.
- Signed Balance Sheet of the company.
- Certified True Copy of the Company's BR for applying to NCLT for Registration.
- Appeal against Registrar' order.
- Affidavit verifying petition.
- Copy of proof of application fees paid.
- Memorandum of Appearance.
- Authority appointed by company
- Any person aggrieved by order under section 248
- Registrar of Company himself
- Company
- Member
- Creditor
- Workmen
- Certified Copy of order to be filed with Registrar, within 30 days of the date of the order
- shall be filed by the company in form INC-28 along with fee
- Registrar shall do, in his official name and seal, publish the order in the Official Gazette; from notice of such delivery
- The Company to comply with pending filing of financial statements and annual returns with Registrar complying with Companies Act, 2013 and rules thereof
- Restoration costs to be paid to the registrar by appellant or applicant unless the Tribunal directs otherwise
No Hidden charges. Every details regarding charges are mentioned in the Quotation file sent to you.
Frequently Asked Question
As per Section 43 of the Companies Act, 2013 the share capital of a company limited by shares is of two kinds:
Equity share capital
a) with voting rights; or
b) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be notified time to time
Preference share capital
Which carries or would carry a preferential right with respect to payment of dividend, either as a fixed amount or an amount calculated at a fixed rate and repayment, in the case of a winding up or repayment of capital, of the amount of the share capital paid-up or deemed to have been paid-up, whether or not, there is a preferential right to the payment of any fixed premium or premium on any fixed scale, specified in the memorandum or articles of the company.
As per Section 23 of the CA, 2013, following modes are available for issue of further shares:
Public Companies:
a) Public offer through issue of prospectus
b) Private Placement/ Preferential allotment
c) Issue of shares to employees under a scheme of employees stock option
d) Right issue/ bonus issue
Private Companies:
a) Right issue/ bonus issue
b) Issue of shares to employees under a scheme of employees stock option
c) Issue of shares to any person through preferential allotment/ private placement.
Frequently Asked Question
"Buy Back" is a process by which a company purchases its own shares or other specified securities by following the procedures specified in Section 68 of the Companies Act, 2013. The company can utilize free reserves, securities premium account or proceeds of the issue of fresh issue shares or other specified securities to purchase its own shares.
As per the provisions of Section 68(2) of the Companies Act, 2013, the company can buy back shares not exceeding 25% of the aggregate of paid-up capital and free reserves of the company by passing a special resolution at the general meeting and in case of buy back of equity shares in any financial year, it should not exceed 25% of its total paid-up equity capital in that financial year.
As per the provisions of Section 68(2) of the CA, 2013, a company cannot buy back its shares if it is not authorized by its AOA. First AOA needs to be altered.
As per the provisions of Section 68(4) of the CA, 2013, every buy back shall be completed within a period of one year from the date of passing of the special resolution or resolution passed by the Board, as the case may be.
Frequently Asked Question
Automatic Route: Foreign Investment is allowed under the automatic route without prior approval of the Government or the Reserve Bank of India, in all activities/ sectors as specified in the Regulation 16 of FEMA 20(R).
Government Route: Foreign investment in activities not covered under the automatic route requires prior approval of the Government.
1. Advance Remittance Form (ARF): An Indian company which has received amount of consideration for issue of capital instruments and where such issue is reckoned as Foreign Direct Investment under FEMA 20(R), shall report such receipt (including each upfront/ call payment) in ARF to the Regional Office concerned of the Reserve Bank, not later than 30 days from the date of receipt.
2. Reporting of issue of capital instruments in Form FC-GPR to the Regional Office concerned of the Reserve Bank under whose jurisdiction the Registered office of the company is situated.
3. Form FCTRS is required to be filed for transfer of capital instruments by way of sale in accordance with FEMA 20(R), between: (i) a person resident outside India holding capital instruments in an Indian company on a repatriable basis and person resident outside India holding capital instruments on a non-repatriable basis; and (ii) a person resident outside India holding capital instruments in an Indian company on a repatriable basis and a person resident in India, The onus of reporting is on the resident transferor/ transferee or the person resident outside India holding capital instruments on a non-repatriable basis, as the case may be.
4. Annual Return to RBI for Foreign Assets and Liabilities of Indian Company.
Frequently Asked Question
Appointment & Resignation of Director
- Transfer of Shares
- Charges(Creation/Modification/Satisfaction)
- Declaration of Final and Interim Dividend
- Bonus Issue
- Acceptance of Deposits (Private & Public)
- Change of Auditors-Casual Vacancy
- Auditor Appointment- Special Notice
Appointment & Resignation of Designated Partners and Partners
- Shifting of registered office
- Charges(Creation/Modification/Satisfaction)
- Maintenance of minutes
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