Annual Compliances For OPC

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Why we need to do annual compliance of OPC?

Every year, OPCs are required to notify ROC of their income, expenses, and other business information. We are required to comply with the law, and failure to do so will result in penalties.

Which forms must be submitted in order to receive an annual compliance?
It is necessary to file Form MGT-7A for the annual return and Form AOC-4 for the financial statement in order to submit an annual return.

What are the deadlines for submitting forms?
OPC's financial statements must be submitted 180 days after the fiscal year ends on March 31 and its annual report must be submitted 60 days after the AGM is over.