The article clarifies that companies are not required to complete annual filings for years in which no business activity was carried out. Filing obligations apply only up to the last operational year, provided proper disclosures are made.
The issue concerns whether companies can distribute funds before applying for strike off. It is clarified that presence of assets mandates formal winding up under law.
The document outlines key statutory deadlines for April 2026 across multiple laws. It consolidates GST, income tax, and corporate compliance requirements into a single schedule. The takeaway is that timely adherence is essential to avoid penalties.
MCAs CCFS-2026 allows companies to regularize overdue annual filings by paying only 10% of additional fees while providing immunity from penalties under Sections 92 and 137.
Companies can hold delayed AGMs now and file pending AOC-4 and MGT-7 under the CCFSS Scheme, but the delay still amounts to default under Section 96 and may require compounding.
ICAI rules restrict UDIN generation beyond 60 days of signing, making backdated financial statements invalid. Companies should prepare statements now, sign with the current date, and file pending returns under the CCFS Scheme.
The Companies Act mandates that companies obtain Regional Director approval and pass a special resolution before removing an auditor. Non-compliance may invalidate the removal.
The law requires companies seeking to change their financial year to obtain approval from the Regional Director under Section 2(41). The change becomes effective only after filing the order with the Registrar.
Companies registered as dormant must convert to active status if they begin business operations. The law requires filing Form MSC-4 and obtaining ROC approval.
MCA now displays Small Company status directly in Company Master Data. The key takeaway is reduced ambiguity and faster compliance decisions—provided underlying financial data is accurate.
