Annual Compliance of Public Limited

Annual compliance for a Public Limited Company

The good benefits of a Public limited company such limited liability protection, raise fund from public in form of equity or debt, continuous existence I.e.

Annual General Meeting of a newly incorporated company should be held within 18 months from the date of registration or 9 months from the date of closing of the financial year, whichever is earlier.

2nd year onwards Annual General Meeting should be held within 6 months from the end of that fiscal year and from second-year Annual returns of the company must be filed latest by 30th September every year.

Annual return consists following:

• Audited Balance Sheet of the Company.
• Audited Profit & Loss Account.
• Compliance Certificate from a CS.
• Confirmation about the situation of Registered Office Address.
• Register of Member.
• Shares and Debentures details.
• Debt details.
• Information about the Management of the Company.
• Current and details of change in shareholding structure of the Company.
• Detail about the changes in Directorship.
• Details of transfers of securities/ Share in a financial year.
• Maintenance of Registers.