Overview compliances under SEBI & Companies Act Regulations
Table of Contents
Compliance should follow Under Companies Act & SEBI Regulations.
What exactly compliances means?
- There are some specific guidelines, rules, and regulations made in accordance with authorities or ministry of corporate affairs referred as compliance.
- After the origin of Companies’ Act 2013, the compliance procedure and the required details for the compliance are increased as compared to the previous year and also predicted that it will increase more as the time passes.
Compliance as per the Companies Act 2013.
- You will understand better, as we will classified the Compliance according to the Companies Act 2013 in three categories:
Compliances Based on Event:
- At any occasion when there is appearance of any ‘Event’, then compliance needed to be fulfil respectively based on the event occurred.
- Like, if the registered office of any company is changed, then need to fill form INC-22.
Compliances Based on the Period:
- Some compliance need to be done by companies with a span of time, which can be either annually, half yearly, quarterly and monthly.
- Form AOC-4, Form MGT-7 are example of compliance based on time.
Compliance Based on Specific Criteria.
- There is necessary for certain companies to fulfil compliances based on the requirement criteria in the guidelines.
- As per the aforementioned compliances, listed companies whose share traded on the stock exchange must follow the provisions of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 as well other regulations issued time to time.
What are the Compliances under the SEBI (LODR) Regulation 2015 ?
Quarterly Compliances
| Compliances | Time period | Regulation No. |
| List of Shareholders/ Shareholding Pattern | Submitted within 15 days, after the end of every Quarter. | Under Regulation 31(1)(B) |
| Report of Corporate Governance. | Compliance Submitted within 15 days, after the end of every Quarter. | Regulation 27(2)(A) |
| Limited Review Report based on Financial Results. | Done within 45 days, after the end of every Quarter. | Under Regulation 33(3)(A) |
| Investors Grievance Redressal Procedure. | Compliance Done within 21 days, after the end of every Quarter. | Regulation 13(3) |
| Variations/ Deviations Statement | Done within 45 days, after the end of every Quarter. | Under Regulation 32(1) |
| Share Capital Audit Report Rectification. | Compliance Done within 30 days, after the end of every Quarter. | Regulation 76(1) |
Half Yearly Compliances
| Compliances | Time period | Regulation No. |
| Related Party Transaction Disclosures. | Within 30 days after the release of the consolidated financial result | Regulation No. 23(9) |
Annual/Yearly Compliances
| Compliances | Time period | Regulation No. |
| Report of secretarial Compliance | Done within 60 days after the end of the fiscal year. | Regulation 24A |
| Annual declarations of compliance with the code of conduct | Every financial year, At the time of board meeting. | Under the Regulation 26(3) |
| Agent for Share Transfer | 30 days after the conclusion of financial year | Regulation 7(3) |
| Payment of listing and all other fees. | Up to 30 days after the end of financial year. | Under the Regulation 14 |
| Auditor’s Report and Financial Report | 60 days after the conclusion of financial year. | Regulation 33(3)(d) |
| Annual Report | Till the initiation of the consignment of the shareholder. | Under the Regulation 34(1) |
| Securities transfers/ transpositions/ transmissions. | 30 days after the conclusion of financial year. | Regulation 40(10) |
| First disclosure of all essentials for Large companies. | 30 days after the conclusion of financial year. | Notification issued by SEBI |
| Requirements of Annual Disclosure for Large Entities’ | 45 days after the conclusion of financial year. | Under the Notification issued by SEBI |
| Practicing Company Secretary certificate. | Within a month after the conclusion fiscal year’s. | Regulation 40(9) |
| Voting result submission to stock exchange. | The Regulation 44(3) |
- As per the regulation 30 of the SEBI Listing Obligation and Disclosure Requirement 2015 in addition, the listed firm must abide by certain event-based disclosure requirements.
- These requirements include previous intimations, any material event, and all events listed in schedule III of Part A.
Our PAN INDIA level Services
We are providing below mentioned services to our Fellow professionals at PAN INDIA level. Please save our contact for any future references
- Assistance on Company/llp name approval matters (Desired Name)
- Share Transfer Stamps at discounted price (all states)
- Shadow Director Services for any type of Company
- CA & CS Certification and Audit services Any Type
- Assistance on ROC disputed or matters Pan India
- Assistance on any disputed matters pertaining to Directors
- Sale & Purchase of any type of Companies pan india
- Strike off of Companies/LLP without filing Annual Accounts
- Assistance on valuation services from Registered valuer or Merchant Banker
**********************************************************
If this article has helped you in any way, i would appreciate if you could share/like it or leave a comment. Thank you for visiting my blog.
Legal Disclaimer:
The information / articles & any relies to the comments on this blog are provided purely for informational and educational purposes only & are purely based on my understanding / knowledge. They do noy constitute legal advice or legal opinions. The information / articles and any replies to the comments are intended but not promised or guaranteed to be current, complete, or up-to-date and should in no way be taken as a legal advice or an indication of future results. Therefore, i can not take any responsibility for the results or consequences of any attempt to use or adopt any of the information presented on this blog. You are advised not to act or rely on any information / articles contained without first seeking the advice of a practicing professional.