FAQ
Frequently Asked Questions
Quick, plain-English answers to the questions we hear most often.
What is ROC compliance and is it mandatory for my company?➕
ROC (Registrar of Companies) compliance refers to mandatory filings that every company registered under the Companies Act, 2013 must make with the Ministry of Corporate Affairs. Yes, it is mandatory. Non-compliance attracts penalties and can lead to striking off of the company.
What is the difference between a Private Limited Company and an LLP?➕
A Private Limited Company has shareholders and directors, is governed by the Companies Act 2013, and has stricter compliance requirements. An LLP (Limited Liability Partnership) has partners, is governed by the LLP Act 2008, and has lighter compliance obligations. Both offer limited liability protection.
What annual filings does a Private Limited Company need to do?➕
A Private Limited Company must file Form AOC-4 (financial statements) and Form MGT-7 (annual return) with the ROC every year. It must also hold an Annual General Meeting (AGM) within 6 months of the financial year end.
What are the compliance requirements for an LLP in India?➕
An LLP must file Form 11 (Annual Return) by 30th May and Form 8 (Statement of Account & Solvency) by 30th October every year with the MCA. LLPs with turnover above Rs 40 lakh or contribution above Rs 25 lakh must also get their accounts audited.
How do I file a consumer complaint online in India?➕
You can file a consumer complaint online through the e-Jagriti portal at e-jagriti.gov.in, which has replaced the earlier eDaakhil system. For claims up to Rs 50 lakh, file at the District Consumer Disputes Redressal Commission. No lawyer is mandatory for consumer cases.
Is content on Law Minded legal advice?➕
No. All content on Law Minded is for legal awareness and educational purposes only. It does not constitute legal advice. Always consult a qualified legal professional for advice specific to your situation.