Handle Corporate Changes | Stay Legally Compliant | Avoid ROC Penalties
PROBAY™ offers complete Event Based Compliance services for Companies and LLPs, including preparation of resolutions, documentation, and filing of required forms with the Registrar of Companies (ROC). Our experts ensure timely and accurate compliance whenever key corporate events occur, helping your business remain legally compliant and avoid penalties.
Event Based Compliances refer to statutory filings that must be completed when a specific event or change occurs in a company or Limited Liability Partnership (LLP).
Unlike routine compliances such as annual filings, event-based compliances are triggered by particular corporate actions or structural changes within the organization.
Whenever a company makes changes such as appointing or removing directors, transferring shares, changing the registered office, or modifying its capital structure, it must inform the Registrar of Companies (ROC) by filing the appropriate forms.
These filings ensure that government records remain updated and that the company operates within the framework of the Companies Act, 2013 and the LLP Act, 2008.
Event-based compliances are regulated by the following legal provisions:
Companies Act, 2013
Limited Liability Partnership Act, 2008
Rules and notifications issued by the Ministry of Corporate Affairs (MCA)
Companies and LLPs must file relevant forms within specified timelines after the occurrence of an event.
Several corporate events require immediate compliance filings.
Common event-based compliances include:
Companies must file forms when a new director or LLP partner is appointed or resigns.
Any change in the company’s official address must be reported to the ROC.
Companies must file appropriate forms when their name is changed.
Changes in shareholding structure must be properly documented and recorded.
Companies must update their authorized capital with the ROC before issuing additional shares.
Changes related to statutory auditors must be filed with the ROC.
These compliances ensure transparency and accurate regulatory records.
Proper documentation ensures accurate filings with the ROC.
The process generally involves the following steps.
The company identifies the event that triggers a compliance requirement.
Board or shareholder resolutions are drafted and approved.
Required supporting documents are prepared and verified.
Relevant forms are filed through the MCA portal within the prescribed timeline.
The Registrar reviews the filing and updates the official records.
Typical filing timelines range between 15 to 30 days from the date of the event.
Timely filing is essential to avoid penalties.
Maintaining timely compliance helps companies avoid these issues.
Proper compliance strengthens the company’s regulatory standing.
We help businesses manage corporate changes efficiently while ensuring full legal compliance.
Let PROBAY™ assist your company or LLP with professional event-based compliance services and ensure smooth regulatory management.
Find questions and answers related to the registrations, tax filings, updates, and support.
Event-based compliances are filings required when specific corporate events occur.
Annual compliances are filed every year, while event-based compliances occur when a specific change happens.
They are regulated by the Ministry of Corporate Affairs (MCA).
Yes, both entities must comply with event-based filing requirements.
Appointment of a director or change in registered office.
Late fees and penalties may apply.
Yes, DSC of the authorized person is required.
Yes, professionals ensure proper documentation and compliance.
Yes, filings are completed through the MCA portal.
No, but it ensures legal compliance with regulatory authorities.
Focused on smart investing and sustainable growth, this blog explores market movements, financial strategies, and risk management principles that support confident decision-making and long-term wealth creation.
FSMS, or food safety management system, helps food businesses ensure safe and hygienic food. This blog explains the FSMS full form, its purpose, documents required, and implementation process for food businesses in India.
The CGST Act 2017 is a type of Indian law. This governs the collection and levy of ...
MSME Udyam Registration is a free and paperless online process to officially ...
A definition of a company in Law determines a legal entity. It is created by an individual...
FSSAI license is mandatory for all food businesses in India. Learn about registration process, documents required, and compliance...
Protect your brand identity with trademark registration. Complete guide on application process, documents, and timeline...
Everything you need to know about SEBI registration for investment advisers, research analysts, and portfolio managers...
Our friendly customer support team is your extended family. Speak your heart out. They listen with undivided attention to resolve your concerns.
Give us a call, request a callback or drop us an email, we're here to help.