LatestCorporate Compliance 24 September 2026
OPC Filing Rules: No AGM ≠ No Compliance Penalties
The article clarifies that for One Person Companies, skipping the annual general meeting does not exempt them from filing statutory returns. Late submission of Form AOC‑4 or MGT‑7A triggers a daily penalty of ₹100 per day, and compliance deadlines remain enforceable. Companies must file on time to avoid fines regardless of AGM status.
Key Points
- One Person Companies (OPCs) must still file AOC‑4 and MGT‑7A even if they skip the AGM.
- Late filing attracts a penalty of ₹100 per day for each delayed return.
- Compliance deadlines are mandatory; missing the AGM is not a compliance waiver.
For full details, see the original article.
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