A public limited company incorporated under the companies act, 2013 with a minimum of 3 directors & minimum of 7 members. A public limited company is entitled to offer shares to the general public. Since public money is involved, annual compliances become the major answerability to the public regarding the affairs of the company. It is mandatory for all Public Limited companies to file annual compliances on time as per dates defined by ROC. Failure in filing compliance on time leads to heavy penalties on business.

Credibility & Transparency : Proper compliance according to company law is the obligation of every company. This regular compliance helps the company in raising its credibility. In government tenders, loans, etc., the authority or banks, etc. consider the regular compliance as criteria for ensuring the credibility & transparency of an organization.

Investment : For expansion purposes, every company needs investment & it is in the nature of investors to invest in only those ventures or companies which they consider giving them high returns. So, in taking this decision an investor look at the financial records, dates, etc. before making or finalizing any proposal. The regular compliance increases the credibility of the company.

Active Status : As stated earlier, regular default in annual compliances results in striking down of name of the company by the registrar. So, annual compliance helps in marinating active status.

Client Assurance : Regular annual compliance results in assuring the clients that the company is regularly reviewing its operation. So, they can trust the company regarding their operations.

Competitive Advantage : Annual compliance gives a competitive edge in the market. It can be used in advertising the business & assuring the investors or customers about the company’s business.

Correctness of Data : Annual compliance by the companies ensures that the data collected for annual compliance is correct.

Step 1: Annual E-Filing Preparation: An Nexteel Solutions Providers Compliance Expert will prepare the Documentation in the requisite forms for your Company based on the financials and performance during the previous financial year on the basis of the documents and information submitted by you.

Step 2: Annual Forms Verification: Once the Documentation is prepared in the requisite format, the Nexteel Solutions Providers Finance Team can verify the prepared annual e-filing forms and affix the digital signature.

Step 3: File Annual Filing E-Forms : Once the Annual e-filing forms are prepared and verified, these can be filed with the Ministry of Corporate Affairs in the requisite forms along with the necessary attachments. Once your company annual return is filed, we shall intimate you about the same.

1. Balance sheet

2. Consolidated financial statements

3. Directors report

4. P&L Account

5. Details of the Members

6. Details of Directors and Secretarial Certificate (if applicable) & other necessary documents.