Annual Compliance Checklist for Private Limited Companies in India

1. Board Meetings

As per Section 173, companies must conduct at least four board meetings annually, with a maximum interval of 120 days. Keep minutes of each meeting.

2. Financial Statements Filing (Form AOC-4)

Under Section 137, financial statements must be filed within 30 days of the AGM. This includes the balance sheet, profit and loss account, and auditor’s report.

3. Annual Return Filing (Form MGT-7)

As per Section 92, the annual return must be submitted within 60 days of the AGM. It provides details on shareholders, directors, and corporate structure.

4. Director’s Report

Prepare a Director’s Report under Section 134. Include:

• Financial highlights

• Conservation of energy and CSR activities

• Directors’ responsibilities

5. Maintain Statutory Registers

Companies must maintain updated registers under Section 88, such as the Register of Members and Charges.