Once you register a Private Limited Company in India, there are specific legal rules that you must follow annually. These rules are known as annual compliance, and they require companies to submit relevant information about their finances and board meetings. As per the Companies Act, 2013, it is mandatory for companies to appoint an auditor by calling an EGM within 30 days of company incorporation or 60 days from the date of company incorporation.
As per the Companies Act, 2013, if you want to register a private limited company in India, you also need to keep in mind that you need to share information about accounts regularly hold at least four board meetings annually. There is a need to share the minutes of the meetings. And any transaction details in respect of the ledger. In addition, as per Section 96 of the Companies Act, 2013, you must also have an Annual General Meeting, with a maximum gap of 15 months between each meeting.
However, if you have recently completed the incorporation of your company, note that you must have your Annual General Meeting within the first 6 months from the date of the close of each fiscal year and the first 9 within the first closing date. It must be a month of the fiscal year for your company.