MCA FILING (COMPANY &LLP FILINGS)

MCA filing, referring to filings with the Ministry of Corporate Affairs in India, involves the submission of various documents and forms related to the compliance and regulatory requirements for companies and Limited Liability Partnerships (LLPs). The Ministry of Corporate Affairs is the regulatory body overseeing corporate affairs and ensuring the proper functioning and governance of companies and LLPs in India.

Company Filing:

• Annual Return (MCA-21): Companies are required to file an annual return with the Registrar of Companies (RoC). This return provides a snapshot of the company's affairs, including financial statements, shareholding patterns, and details of directors and key managerial personnel.
• Financial Statements: Companies must file their audited financial statements, including the balance sheet, profit and loss account, and auditor's report. These documents offer a comprehensive view of the company's financial health.
• Board Meeting and AGM: Companies are obligated to hold board meetings and an Annual General Meeting (AGM) within specified timelines. The resolutions and minutes of these meetings need to be filed with the MCA.
• Event-Based Filings: Certain events, such as changes in the company's registered office, alteration of share capital, appointment or resignation of directors, and more, require specific forms to be filed with the MCA.
• Director's Report: Companies are required to submit a Director's Report containing various disclosures and details about the company's operations, performance, and future outlook.

LLP Filing:

• Annual Return: Similar to companies, LLPs are required to file an annual return providing information on the LLP's partners, contribution details, and other relevant information.
• Statement of Account and Solvency: LLPs must file a Statement of Account and Solvency, providing details of the LLP's assets and liabilities as well as the solvency position.
• Event-Based Filings: LLPs are required to inform the RoC about specific events like changes in partners, business activities, and more, through event-based filings.
• Appointment and Resignation of Partners: Any changes in the partners of an LLP need to be intimated to the MCA through the relevant forms.
• Form for Conversion of LLP into a Company: If an LLP decides to convert into a company, the necessary form must be filed with the MCA.