ANNUAL COMPLIANCE FOR PRODUCER

S. No.

Section & Rules

Particular of Compliance

1. 

Receipt of MBP-1

184(1)

Form

MBP- 1

Every Director of the Company in First Meeting of the Board of Director in each Financial Year shall disclose his interest in other entities.

Every Director is required to submit with the Company a fresh MBP-1, whenever there is a change in his interest from the earlier given MBP-1.

2. 

Receipt of DIR- 8

164(2)

143(3)(g)

Form

DIR - 8

Every Director of the Company in each Financial Year will file with the Company disclosure of non-disqualification.

3. 

E- Forms Filing Requirements

Annual Form

581ZA

E-form:

MGT-7

Annual Return: Every Company will file its Annual Return within 60 days of holding of Annual General Meeting.

Annual Return will be for the period 1st April to 31st March.

4. 

5. 

581ZA

E-form:

AOC-4

Financial Statement: Company is required to file its Balance Sheet along with Statement of Profit and Loss Account, Cash flow statement, Directors’ Report and Auditors’ Report in this form within 30 days of holding of Annual General Meeting.

Attachment:

Balance Sheet, Statement of Profit& Loss Account, Cash Flow Statement, Directors’ The report, Auditors’ Report, and Notice of AGM.

6. 

Annual Form

Section 73

Rule 16

E-form

DPT-3

Return of Deposit: Company is required to file this form every year on or before 30th June in respect of return of Deposit and Particulars not considered as Deposit as on 31st March.

7. 

Event-Based Form

Section 90

BEN-2

Disclosure of Significant Beneficial Owner: Company shall file BEN-2 within 30 days of receipt of BEN-1 from Shareholder.

Note: On regular basis company have to check whether there is any SBO in company due to change in its shareholding or due to change in shareholding of body corporate members. 

8. 

Annual Form

Rule 12A

DIR-3 KYC

KYC of Directors: All the Directors of the company shall file this the form on or before 30th September every year for all the directors of the Company.

9. 

Half Yearly Return

Section 405

MSME-1

Delay in Payment to MSME Vendor: Company have to file this return half-yearly in respect of pending payments to MSME vendors as at end of the half year.

·         April to Sep - 30th  October

·         October to March – 30th April

10. 

Directors’ Report

581ZA

Directors’Report shall be prepared by mentioning all the information required for Company under Section 134 read with relevant rules and relevant provisions of other Act.

11. 

Circulation of Financial Statement &other relevant Dox

581ZA

Company will send to the members of the Company approved Financial Statement, Directors’ Report, and Auditors’ Report at least 14 clear days before the Annual General Meeting.

12. 

Notice of AGM

581ZA

The Producer Company shall in each year hold an Annual General Meeting and not more than 15 months shall elapse between the date of one Annual General Meeting to the next.

A general meeting of the Producer Company shall be called by giving not less than fourteen days prior notice in writing

13. 

Sending of Notice of AGM

581ZA

The notice calling the annual general meeting shall be accompanied by the following documents, namely: –

(a) the agenda of the annual general meeting ;

 (b) the minutes of the previous annual general meeting or the extraordinary general meeting ;

(c) the names of candidates for election, if any, to the office of director including a statement of qualifications in respect of each candidate;

(d) the audited balance-sheet and profit and loss accounts of the Producer Company and its subsidiary, if any etc

14. 

Board Meetings

581V

The board shall meet at least once every three months and at least four such meetings shall be convened in every year.

Quorum:- 1/3rd of the total strength of Directors subject to a minimum – 3

15. 

Appointment of Auditor

581

E-form

ADT-1

The auditor will be appointed for 5 (Five) years and form ADT-1 will be filed for a 5-year appointment within 15 days of the Annual General Meeting.