Event-Based Compliances for Companies
Event-based compliances are specific filings and actions required by companies when certain events occur, such as changes in the company's structure, management, or financial position. These events can trigger various compliance obligations, including:
Common Event-Based Compliances
-
Changes in Directors or Key Managerial Personnel:
- Appointment, resignation, or removal of directors
- Changes in the designation of key managerial personnel
- Changes in the powers and authorities of directors
-
Changes in Share Capital:
- Increase or decrease in authorized share capital
- Issue of shares, debentures, or other securities
- Buyback of shares
- Transfer of shares
-
Changes in Registered Office:
- Change in the registered office address
- Shifting the registered office to another state
-
Changes in Memorandum and Articles of Association (MoA and AoA):
- Alteration of the MoA or AoA to modify the company's objects or powers
-
Charges on Assets:
- Creation, modification, or satisfaction of charges on the company's assets
-
Loans to Directors:
- Granting loans to directors or related parties
-
Significant Contracts:
- Entering into significant contracts, especially those exceeding a certain threshold
-
Foreign Direct Investment (FDI):
- Complying with FDI regulations, including filing necessary forms and obtaining approvals.
-
Corporate Social Responsibility (CSR):
- Complying with CSR regulations and filing CSR reports.
Key Considerations for Event-Based Compliances:
- Timely Filing: Ensure timely filing of necessary forms and documents with the Registrar of Companies (RoC) or other regulatory authorities.
- Accurate Information: Provide accurate and complete information in all filings.
- Professional Assistance: Consult with legal and tax professionals to ensure compliance.
- Record Keeping: Maintain proper records of all event-based compliances.
- Stay Updated: Keep abreast of changes in regulations and guidelines.
General frequently asked questions
You can create account with Gurufilings or you can book any service with us to become a member.
You can track and know every details of your services by logedin into your account or our support team will let you know by Phone or Email.
Gurufilings provides both online and offline Payments for our clients.
Based on terms and conditions you can cancel your service at any time.