Private Limited Company Compliance refers to the adherence of a private limited company to the legal requirements outlined in the Companies Act, 2013 and other related laws. This involves various obligations such as maintaining accurate financial records, submitting annual returns and financial statements, conducting mandatory meetings, ensuring tax compliance, and fulfilling other statutory requirements.
Compliance includes holding regular board and shareholder meetings, filing annual reports with the Registrar of Companies (RoC), ensuring timely payment of taxes (such as GST and income tax), and meeting specific disclosure requirements like changes in directorship or shareholding. These legal obligations are necessary to maintain the company’s good standing, avoid penalties, and ensure the company operates lawfully.
