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What are the mandatory things to do on first year of running a private limited company in India ?

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Anjali Bansal Anjali Bansal, Practicing Company Secretary verified
Answered on December 27,2021

1. The Company need to hold a Board Meeting within 30 days of its incorporation. 

2. Appoint Statutory Auditor of the Company. 

3. Issue Share Certificates to the subscribers of the Memorandum of Association. 

4. Prepare letterheads and bills with details provided under Companies Act, 2013.

5. File INC-20 A with 180 days, declaring commencement of your business with ROC. 

6. File ADT-1 with ROC for appointment of Statutory Auditor. 

7. Prepare statutory register of the company. 

8. Hold at least 4 board meeting in one financial year. 

9. Prepare minutes of the meeting of Board Meeting of the Company. 

10. Hold an annual general meeting within 15 months from the date of incorporation or 9 months from the end of financial year in case of first annual general meeting of the Company.  

If you have any further questions or is looking for professional assistance, do write to me at anjalibansalcs@gmail.com 

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