Every Company in India has to convene an Annual General Meeting (AGM) for its shareholders within 6 months from the closure of every financials year i.e. 30th September of every year, wherein one of the most important agenda is adopting the financial statements of the company by the shareholders.
After the AGM is conducted, there are two filing to be done with the Registrar of Companies which are:
Non-compliance of the above leads to fines, penalties or sometimes imprisonment too.
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After the end of each Financial Year, i.e. 31st March, every Limited Liability Partnership must make two filings with the Registrar of Companies:
First, is the Annual Return in Form LLP 11 which gives the information of the LLP and the changes that took place therein during that period. This needs to be filed within 60 days of the end of Finanacial Year i.e. 30th of May.
Second, a LLP has to file its Financials with the RoC in Form LLP 8 with all the financial details within 30 days from the end of 6 months of the Financial Year i.e. 30th of October.
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