Introduction: For a business owner, a “Compliance Calendar” isn’t just a list of dates—it’s a shield against heavy penalties and legal notices. The Ministry of Corporate Affairs (MCA) has become increasingly strict, making it essential to stay ahead of the curve.
Key Deadlines to Watch:
- Form AOC-4 (Financial Statements): Due within 30 days of your Annual General Meeting (AGM). This is your company’s financial report card to the ROC.
- Form MGT-7 (Annual Return): Due within 60 days of your AGM. This covers details of shareholders and directors.
- DIR-3 KYC: Every director must update their KYC annually by 30th September. Failure to do so results in a deactivated DIN and a ₹5,000 fine.
- Board Meetings: Ensure you hold at least 4 board meetings a year, with a gap not exceeding 120 days.
Why it Matters: Missing these isn’t just about the money; it affects your company’s “Good Standing” status, making it difficult to get bank loans or government tenders.
