Why is ROC Filing Needed? A Complete Guide
Why is ROC filing needed ROC (Registrar of Companies) filing is a crucial compliance requirement for every company registered in India. It involves submitting various financial statements and annual returns to the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). Non-compliance with these regulations can lead to heavy penalties, legal consequences, and even the disqualification of directors. In this guide, we’ll cover everything you need to know about ROC filing, its importance, due dates, and penalties for late filing. What is ROC? ROC stands for Registrar of Companies. It is a regulatory authority under the Ministry of…