COMPLIANCE WITH INDIAN CORPORATE LAWS
At Tamil Nadu NRI Legal Services , we provide strategic legal guidance to ensure that your business remains fully compliant with Indian corporate laws. Whether you are a startup, SME, or multinational corporation, our expert legal team helps you navigate the complexities of corporate governance, regulatory frameworks, and statutory obligations.
Our Corporate Law Compliance Services
We offer end-to-end legal support in the following areas:
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Company Law Compliance: Advising on the Companies Act, 2013 — from incorporation, board meetings, and shareholder resolutions to corporate restructuring.
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ROC Filings: Timely preparation and filing of Annual Returns, Financial Statements (AOC-4), and other statutory forms with the Registrar of Companies (ROC).
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Corporate Governance: Drafting policies on ethics, anti-bribery, and whistleblower frameworks to align with best practices.
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Director & Shareholder Compliance: Assistance with Director Identification Numbers (DIN), board appointments, and maintaining statutory registers.
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Contract Drafting & Review: Ensuring that all corporate agreements — including joint ventures, partnerships, and MOUs — adhere to Indian laws.
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Mergers & Acquisitions (M&A): Legal due diligence, drafting of share purchase agreements, and regulatory filings for smooth business transactions.
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SEBI and Stock Exchange Compliance: For listed companies, ensuring adherence to SEBI guidelines and timely reporting to stock exchanges.
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NRI and Foreign Investment Regulations: Assisting foreign investors and NRIs in complying with FDI norms and Reserve Bank of India (RBI) guidelines.
Why Choose Tamil Nadu NRI Legal Services ?
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Expertise Across Industries: Our corporate law team has experience across sectors like IT, manufacturing, finance, and real estate.
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Customized Solutions: Tailored legal strategies to meet your specific business needs and regulatory requirements.
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Proactive Compliance Approach: Preventive legal audits to mitigate risks and avoid penalties.
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NRI-Focused Corporate Solutions: Specialized support for NRIs and foreign companies investing or operating in India.
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End-to-End Support: From incorporation to ongoing compliance, we guide you through every step.
Frequently Asked Questions (FAQs)
What are the mandatory compliances for a Private Limited Company in India?
Key compliances include annual ROC filings (AOC-4, MGT-7), board and shareholder meetings, maintaining statutory registers, and adhering to income tax and GST regulations.
What is the penalty for non-compliance with ROC filings?
Late filing of ROC forms attracts a penalty of ₹100 per day until the form is filed. Serious violations may also lead to disqualification of directors or company strike-offs.
Can NRIs or foreign nationals be directors in Indian companies?
Yes, NRIs and foreign nationals can be directors in Indian companies, provided they obtain a Director Identification Number (DIN) and have at least one resident Indian director on board.
How often should board meetings be conducted?
As per the Companies Act, 2013, a Private Limited Company must hold its first board meeting within 30 days of incorporation and at least four board meetings every year, with no more than 120 days between meetings.
What is corporate governance, and why is it important?
Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It ensures transparency, accountability, and protects stakeholder interests.
Is a statutory audit mandatory for all companies?
Yes, all companies, irrespective of their turnover, must have their books audited annually by a Chartered Accountant as per the Companies Act.