All the companies incorporated in India are required to comply with the recently enacted new Companies Act, 2013. Once all the requirements relating to incorporation of a company in India are completed as per the newly enacted Companies Act, 2013 and a certificate of incorporation is issued by the Registrar of Companies i.e. ROC, Whether the company is a private company or a public company, various compliance requirements are to be complied with post incorporation.
Some of the common compliance requirements, that are to be complied by a Private Limited Company in India are as follows:
If any Company fails to comply with the regulations of the Companies Act, then the Company and every officer who is in default shall be punishable with fine for the period for which default continues. If there is delay in any filing, then additional fees is required to be paid, which keeps on increasing as the time period of non-compliance increases.
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