Corporate Compliance
ROC filings, board resolutions, statutory registers, labour compliance, and audit readiness.
Reviving a Defaulting Company: Compounding and Condonation
Compounding of offences is a legal mechanism under the Companies Act, 2013, allowing companies to settle certain defaults by paying a penalty, thereby avoiding prosecution.
Maternity Benefit Act: Employer Obligations
A guide for Indian employers on their legal obligations under the Maternity Benefit Act, 1961, including 26 weeks paid leave, crèche facilities, and non-termination rules.
Annual General Meeting Rules for Private Companies
Every private limited company in India must hold an Annual General Meeting (AGM) each year. This guide covers the key rules, deadlines, and procedures to ensure compliance.
CARO 2020: Which Companies and What Is Reported
Learn which companies must comply with the Companies (Auditor's Report) Order, 2020 (CARO 2020) and the specific matters auditors must report on.
DIR-3 KYC: Annual Director KYC Filing Explained
Every director with a DIN must complete KYC through DIR-3 KYC or DIR-3 KYC-Web. Due date, who files which form, the ₹5,000 late fee and what happens if you miss it.
Minimum Wages in Karnataka: How Employers Stay Compliant
Employers in Karnataka must pay minimum wages as set by the state. This guide explains how to classify employees, calculate wages, and maintain records to ensure compliance.
Payment of Bonus Act: Eligibility and Calculation
Understand the Payment of Bonus Act, 1965. This guide covers employee eligibility (up to ₹21,000/month), bonus calculation, and employer compliance requirements.
POSH Act Compliance for Companies
All Indian companies must comply with the POSH Act, 2013. This involves creating a policy, forming an Internal Committee (IC) if you have 10+ employees, and more.
Related Party Transactions Under Section 188
A guide to Section 188 of the Companies Act, 2013, covering related party transactions. Learn the rules for board and shareholder approvals, monetary limits, and penalties.
EPF Registration and Compliance for Startups
EPF registration is mandatory for Indian startups with 20+ employees. Our guide covers the online process, contribution rates, and monthly compliance.
Labour Code Checklist for Employers
This checklist helps employers navigate India's new Labour Codes. Key actions include revising wage structures, updating HR policies, and ensuring timely F&F settlements.
Gratuity Obligations for Employers
As an employer in India, you are legally bound by the Payment of Gratuity Act, 1972. Learn the rules for applicability, calculation, and payment to ensure full compliance.
Statutory Audit for Private Companies: What Auditors Check
A statutory audit is a mandatory annual review of a private company's financials by a CA to ensure they present a 'true and fair' view per the Companies Act, 2013.
Transferring Shares in a Private Company (Form SH-4)
Understand the legal process for transferring shares in a private company. This guide covers Form SH-4, stamp duty, and the necessary board resolutions.
Director Disqualification Under Section 164(2)
Director disqualification under Sec 164(2) arises from a company's failure to file returns for 3 years, barring directors from all boards for 5 years.
BBMP Trade License in Bengaluru
A guide for Bengaluru businesses on obtaining a mandatory BBMP Trade License. Learn about the online application process, required documents, fees, and annual renewal.
Form BEN-2 and Register of Significant Beneficial Owners
Form BEN-2 is a mandatory declaration filed by companies with the ROC to disclose their Significant Beneficial Owners (SBOs), ensuring corporate transparency.
Rights Issue in a Private Company
A rights issue is a simple way for private companies to raise funds from existing shareholders. This guide outlines the complete process, from board approval to ROC filings.
MGT-7 vs MGT-7A Annual Return
Confused between MGT-7 and MGT-7A? This guide explains eligibility, key differences, and due dates to help your company file the correct ROC annual return.
Raising Funds by Private Placement: PAS-4 and PAS-3
A comprehensive guide for Indian companies on raising capital through private placement, detailing the process, compliance with Forms PAS-4 and PAS-3, and legal requirements.
ROC Late Filing Fees and Penalties
Missing ROC filing deadlines costs ₹100 per day per form, plus hefty penalties. This guide explains the full financial and legal consequences and how to avoid them.
Karnataka Labour Welfare Fund Contribution
A complete guide for Karnataka employers on KLWF compliance. Understand contribution rates (₹120/employee), deadlines, online payment, and penalties.
Form DPT-3: Return of Deposits and Loans
A complete guide to Form DPT-3, a mandatory annual return for companies to report all loans and deposits. Understand the due date, penalties, and what to report.
Import Export Code (IEC) Registration
The Import Export Code (IEC) is a mandatory 10-digit number for businesses importing or exporting from India. This guide explains the online application process.
Mandatory Demat of Shares for Private Companies
Learn about the mandatory dematerialization of shares for private companies in India. Understand the exemptions for small companies, deadlines, and the step-by-step process.
MSME-1 Return: Reporting Dues to Micro and Small Suppliers
Understand the mandatory half-yearly MSME-1 return for reporting delayed payments to Micro and Small Enterprises and avoid significant penalties under the Companies Act.
Significant Beneficial Ownership (SBO): BEN-1, BEN-2, BEN-3
SBO Rules 2018 — identifying SBOs, BEN-1 declaration, BEN-2 filing, and BEN-3 register.
CSR Compliance Under Section 135: When 2% Kicks In
Section 135 applicability, Schedule VII activities, CSR-1 registration for implementing agencies, and CSR-2 reporting.
The Four Labour Codes: Status and What Employers Should Prepare
Wage Code, Industrial Relations Code, OSH Code, and Social Security Code — status and readiness steps.
When PF and ESI Registration Becomes Mandatory
EPFO 20-employee trigger, ESI 10-employee trigger, wage ceilings, and voluntary coverage.
Shop and Establishment License in Karnataka: A Bengaluru Guide
Karnataka Shops & Commercial Establishments Act — who needs it, online application, and renewal.
FDI Reporting: FC-GPR and FLA Return
A comprehensive guide for Indian companies on filing Form FC-GPR after receiving foreign investment and the mandatory annual FLA Return with the RBI.
Small Company Under Companies Act, 2013: Compliance Reliefs
Small-company thresholds, exemptions from cash flow statements, and reduced board-meeting requirements.
Auditor Appointment Under Section 139: ADT-1 and Rotation Rules
First-auditor appointment, five-year term, ADT-1 filing, and rotation for listed and unlisted companies.
Appointing and Resigning Directors: DIR-12, DIR-11, and Consent
Board resolutions, consent letters, DIR-12 filing, and DIR-11 by the resigning director.
Change of Registered Office: Within City, State, and Cross-State
INC-22, INC-23, and MCA-Regional Director route for changing your registered office.
Statutory Registers Under the Companies Act, 2013
MBP-1, MGT-1, MGT-2, MGT-14 registers — what each records and where they must be kept.
Board Meetings Under Section 173: Frequency, Notice, and Minutes
Four-meetings-a-year rule, notice period, quorum, minutes drafting, and Secretarial Standard 1.
Annual ROC Filings: AOC-4, MGT-7, and DIR-3 KYC Deadlines
Mandatory annual filings for private and small companies, dates, penalties, and small-company reliefs.
AOC-4 Filing: Financial Statements With the ROC
A complete guide for Indian companies on filing Form AOC-4. Learn about the documents, due dates, and steep penalties for late filing of annual financial statements.
TAN Registration: Who Needs It and How to Apply
A complete guide on TAN (Tax Deduction and Collection Account Number). Learn who must have a TAN, the application process, and when you can use PAN for TDS compliance.
Issuing Share Certificates and Stamp Duty on Shares
A share certificate is legal proof of ownership in a company. Companies must issue it within statutory timelines and pay mandatory stamp duty electronically.
Books of Accounts Under Section 44AA: Who Must Maintain Them
Understand your legal duty to maintain books of accounts under Section 44AA. This guide explains the rules for specified professions, businesses, and those under presumptive tax.
Drug License for Pharmacies in Karnataka
A complete guide for pharmacists and entrepreneurs on obtaining a retail drug license in Karnataka, covering premises requirements, qualified person criteria, and the application process.
ESI Registration and Contribution Rates
Understand the mandatory ESI contribution rates for employers and employees, the wage ceiling, and the registration process for your business in India.
Loans to Directors Under Section 185
Section 185 of the Companies Act, 2013 prohibits loans to directors but has key exceptions. Understand the rules to avoid heavy penalties and imprisonment.
Form INC-20A: Commencement of Business Declaration
Form INC-20A is a mandatory declaration for new companies, confirming share capital receipt. It must be filed within 180 days of incorporation.
12A and 80G Registration for NGOs and Trusts
A step-by-step guide for NGOs, trusts, and Section 8 companies in India to obtain 12A and 80G registration for tax exemption and to make donations tax-deductible for donors.
Appointing the First Auditor Within 30 Days
The Board of Directors must appoint the first auditor of a new company within 30 days of its incorporation date. This is a critical first compliance step.
FSSAI Registration vs State and Central License
Understand the key differences between FSSAI Basic Registration, State License, and Central License to ensure your food business is compliant with Indian law.