What Happens if I Don’t Do Annual Compliance? Risks, Penalties, and Strike-offs in India
Imagine waking up to a notice from the Ministry of Corporate Affairs stating your company status is “Struck Off” and your Director Identification…
Imagine waking up to a notice from the Ministry of Corporate Affairs stating your company status is “Struck Off” and your Director Identification…
Did you know that missing a single compliance deadline could cost your private limited company ₹36,500 in late fees over just one year? The Ministry…
Last September, a Gurgaon-based entrepreneur celebrated a successful Annual General Meeting only to realize they missed the 15-day filing window for…
What if the most dangerous gap in your compliance isn’t your tax return, but a set of registers you haven’t opened since your company was born? You…
What if a single missed notification from the MCA portal could cost your startup ₹50,000 in penalties before you’ve even cleared your morning inbox?…
What if the simple act of raising capital triggered a mandatory penalty of ₹1,000 per day under Section 42 of the Companies Act 2013? Many Indian…
What if your expansion into the US market didn’t have to trigger a nightmare of notices from the Indian Income Tax Department? You’ve likely heard…
Last October, a promising tech founder in Gurgaon received a sharp legal notice from the ROC because they missed the 180-day deadline for depositing…
On March 12, 2024, a solo founder in Delhi realized his business bank accounts were frozen because he’d neglected to update his records after a…
Did you know that the mandatory 1 lakh rupee requirement to start a business was officially scrapped by the Companies (Amendment) Act in 2015? Many…
Why pay upwards of 50,000 INR every month for a glass office in Bangalore when your spare bedroom is already set up for success? Many Indian founders…
Last Monday, an entrepreneur in Noida discovered their SPICe+ application was flagged because their chosen name was “too nearly resembling” an…