ROC (Registrar of Companies) compliances refer to the various legal formalities and obligations that a company has to comply with under the Companies Act, 2013 and other applicable laws and regulations.
These compliances are necessary for ensuring that the company is functioning in compliance with the law and is fulfilling all the regulatory requirements.
Some of the key ROC compliances include filing of annual returns and financial statements, appointment and resignation of directors, change in registered office address, issue of shares, alteration of memorandum and articles of association, and various other disclosures and filings.
Non-compliance with ROC compliances can lead to penalties, fines, legal action, and even the possibility of the company being struck off from the register of companies.
Therefore, it is important for companies to ensure that they are meeting all the ROC compliance requirements in a timely and accurate manner.
