{"id":5758,"date":"2023-11-24T10:48:10","date_gmt":"2023-11-24T05:18:10","guid":{"rendered":"https:\/\/simplemyfiling.com\/?p=5758"},"modified":"2023-11-24T13:59:48","modified_gmt":"2023-11-24T08:29:48","slug":"private-company-compliance-list-paid-up-capital-turnover-borrowings","status":"publish","type":"post","link":"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/","title":{"rendered":"PRIVATE COMPANY COMPLIANCE LIST: PAID-UP CAPITAL, TURNOVER, BORROWINGS"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5758\" class=\"elementor elementor-5758\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a080083 e-flex e-con-boxed e-con e-parent\" data-id=\"a080083\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e301a2e eael-dual-header-content-align-center elementor-widget elementor-widget-eael-dual-color-header\" data-id=\"e301a2e\" data-element_type=\"widget\" data-widget_type=\"eael-dual-color-header.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\t\t        <div class=\"eael-dual-header\">\n\t\t\t\t<h2 class=\"title\"><span class=\"ez-toc-section\" id=\"PRIVATE_COMPANY_COMPLIANCE_LIST_PAID-UP_CAPITAL_TURNOVER_BORROWINGS\"><\/span><span  class=\"lead solid-color\">PRIVATE COMPANY COMPLIANCE LIST: <\/span> <span>PAID-UP CAPITAL, TURNOVER, BORROWINGS<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69d26f2b67f06\" ><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-69d26f2b67f06\"  type=\"checkbox\" id=\"item-69d26f2b67f06\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#PRIVATE_COMPANY_COMPLIANCE_LIST_PAID-UP_CAPITAL_TURNOVER_BORROWINGS\" title=\"PRIVATE COMPANY COMPLIANCE LIST:  PAID-UP CAPITAL, TURNOVER, BORROWINGS\">PRIVATE COMPANY COMPLIANCE LIST:  PAID-UP CAPITAL, TURNOVER, BORROWINGS<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Paid-Up_Share_Capital\" title=\"On the Basis of Paid-Up Share Capital:\">On the Basis of Paid-Up Share Capital:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#1_5_Cr_and_above\" title=\"1. 5 Cr and above:\">1. 5 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#2_10_Cr_and_above\" title=\"2. 10 Cr and above:\">2. 10 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#3_50_Cr_and_above\" title=\"3. 50 Cr and above:\">3. 50 Cr and above:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Turnover\" title=\"On the Basis of Turnover:\">On the Basis of Turnover:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#1_50_Cr_and_above\" title=\"1. 50 Cr and above:\">1. 50 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#2_100_Cr_and_above\" title=\"2. 100 Cr and above:\">2. 100 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#3_200_Cr_and_above\" title=\"3. 200 Cr and above:\">3. 200 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#4_250_Cr_and_above\" title=\"4. 250 Cr and above:\">4. 250 Cr and above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#5_500_Cr_and_above\" title=\"5. 500 Cr and above:\">5. 500 Cr and above:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Loans_and_Borrowings_from_Banks_and_PFIs\" title=\"On the Basis of Loans and Borrowings from Banks and PFIs:\">On the Basis of Loans and Borrowings from Banks and PFIs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Outstanding_Deposits\" title=\"On the Basis of Outstanding Deposits:\">On the Basis of Outstanding Deposits:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Net_Profit\" title=\"On the Basis of Net Profit:\">On the Basis of Net Profit:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/#On_the_Basis_of_Net_Worth\" title=\"On the Basis of Net Worth:\">On the Basis of Net Worth:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\t\t\t\t<span class=\"subtext\"><\/span>\n\t\t\t\t<\/div>\n\t\n\t\t\n\t\t\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-375a9e09 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"375a9e09\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-515d5dcd\" data-id=\"515d5dcd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6580e071 elementor-widget elementor-widget-text-editor\" data-id=\"6580e071\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><!-- wp:group {\"layout\":{\"type\":\"constrained\"}} --><\/p>\n<div>\n<figure style=\"text-align: left;\">\n<ol>\n<li>\n<div data-testid=\"conversation-turn-392\">\n<div data-message-author-role=\"assistant\" data-message-id=\"582b523c-e822-4e2b-be79-da4ffc6c45d1\">\n<div data-testid=\"conversation-turn-394\">\n<div data-message-author-role=\"assistant\" data-message-id=\"65235f10-e25e-4448-90a4-620e3fef2919\">\n<div data-testid=\"conversation-turn-414\">\n<div data-message-author-role=\"assistant\" data-message-id=\"d843bd79-54b2-4178-ab06-6dd3ac8ee6dd\">\n<div data-testid=\"conversation-turn-424\">\n<div data-message-author-role=\"assistant\" data-message-id=\"c61c1453-beb1-46aa-9e07-a81670c5e207\">\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-oalgv-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-oalgv-1n7m0yu\">\n<div class=\"flex flex-col text-sm gizmo:pb-9 dark:bg-gray-800 gizmo:dark:bg-transparent\">\n<div class=\"w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-428\">\n<div class=\"p-4 gizmo:py-2 justify-center text-base md:gap-6 md:py-6 m-auto\">\n<div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl } group final-completion\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full gap-3 gizmo:gap-0\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"c42e6e3f-71ba-4a2b-b9d6-b180e6c4fef9\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-owdje-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-owdje-1n7m0yu\">\n<div class=\"flex flex-col text-sm gizmo:pb-9 dark:bg-gray-800 gizmo:dark:bg-transparent\">\n<div class=\"w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-448\">\n<div class=\"p-4 gizmo:py-2 justify-center text-base md:gap-6 md:py-6 m-auto\">\n<div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl } group final-completion\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full gap-3 gizmo:gap-0\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"6e4c0efe-0358-446e-838c-9a78fcca5d64\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>148 of the Act read with rule 4 of the Companies (Cost Records and Audit) Rules, 2014 and rule 14 of the Companies (Audit and Auditors) Rules, 2014 for cost audit applicability.<\/p>\n<p><strong>Introduction:<\/strong> Ensuring compliance is an integral part of managing a private company. The extent of compliance varies, and this guide provides a detailed breakdown based on factors such as paid-up capital, turnover, borrowings, and more. By understanding these specific compliance requirements, private companies can navigate the complex regulatory landscape effectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Paid-Up_Share_Capital\"><\/span><strong>On the Basis of Paid-Up Share Capital:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"1_5_Cr_and_above\"><\/span><strong>1. 5 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Filing of Financial Statement through XBRL mode<\/li>\n<li><strong>Relevant Section:<\/strong> 137(2)<\/li>\n<li><strong>Relevant Rules:<\/strong> The Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015<\/li>\n<li><strong>Time Period:<\/strong> Within 30 days of Annual General Meeting<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"2_10_Cr_and_above\"><\/span><strong>2. 10 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Annual Return Certification (MGT-8)<\/li>\n<li><strong>Relevant Section:<\/strong> 92(2)<\/li>\n<li><strong>Relevant Rules:<\/strong> Rule 11(2) of the Companies (Management and Administration) Rules, 2014<\/li>\n<li><strong>Time Period:<\/strong> Within 60 days of Annual General Meeting<\/li>\n<li><strong>Additional Requirement:<\/strong> Appointment of Company Secretary (Within 6 months from the applicability of provisions or such vacancy)<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"3_50_Cr_and_above\"><\/span><strong>3. 50 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Rotation of Auditor<\/li>\n<li><strong>Relevant Section:<\/strong> 139(2)<\/li>\n<li><strong>Relevant Rules:<\/strong> Rule 5 of the Companies (Audit and Auditors) Rules, 2014<\/li>\n<li><strong>Time Period:<\/strong> Individual Auditor &#8211; One term of five years, Auditor\u2019s firm &#8211; Two terms of five consecutive years<\/li>\n<\/ul>\n<p><em>Note: Non-banking financial companies, housing finance companies, and companies engaged in banking and insurance sectors are exempted.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Turnover\"><\/span><strong>On the Basis of Turnover:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"1_50_Cr_and_above\"><\/span><strong>1. 50 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Annual Return Certification<\/li>\n<li><strong>Relevant Section:<\/strong> 92(1)(k)<\/li>\n<li><strong>Relevant Rules:<\/strong> Rule 11(2) of the Companies (Management and Administration) Rules, 2014<\/li>\n<li><strong>Time Period:<\/strong> Within 60 days of Annual General Meeting<\/li>\n<li><strong>Additional Requirement:<\/strong> Filing of Financial Statement through XBRL mode (Within 30 days of Annual General Meeting)<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"2_100_Cr_and_above\"><\/span><strong>2. 100 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Filing of Financial Statement through XBRL model<\/li>\n<li><strong>Relevant Section:<\/strong> 137(2)<\/li>\n<li><strong>Relevant Rules:<\/strong> The Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015<\/li>\n<li><strong>Time Period:<\/strong> Within 30 days of Annual General Meeting<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"3_200_Cr_and_above\"><\/span><strong>3. 200 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Appointment of Internal Auditor<\/li>\n<li><strong>Relevant Section:<\/strong> 138(1)<\/li>\n<li><strong>Relevant Rules:<\/strong> Rule 3 of the Companies (Accounts) Rules, 2014<\/li>\n<li><strong>Time Period:<\/strong> Within 6 months from the applicability of the Act\/Rules<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"4_250_Cr_and_above\"><\/span><strong>4. 250 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Comply with Indian Accounting Standards<\/li>\n<li><strong>Relevant Section:<\/strong> 133 (Indian Accounting Standards) Rules, 2015<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"5_500_Cr_and_above\"><\/span><strong>5. 500 Cr and above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Compliances:<\/strong> Constitution of Corporate Social Responsibility Committee<\/li>\n<li><strong>Relevant Section:<\/strong> 135(1)<\/li>\n<li><strong>Relevant Rules:<\/strong> The Companies (Corporate Social Responsibility Policy) Rules, 2014<\/li>\n<li><strong>Time Period:<\/strong> As soon as the provisions of Act\/Rules become applicable<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Loans_and_Borrowings_from_Banks_and_PFIs\"><\/span><strong>On the Basis of Loans and Borrowings from Banks and PFIs:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><em>Refer to specific sections and rules for detailed compliance requirements.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Outstanding_Deposits\"><\/span><strong>On the Basis of Outstanding Deposits:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><em>Refer to specific sections and rules for detailed compliance requirements.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Net_Profit\"><\/span><strong>On the Basis of Net Profit:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><em>Refer to specific sections and rules for detailed compliance requirements.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"On_the_Basis_of_Net_Worth\"><\/span><strong>On the Basis of Net Worth:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><em>Refer to specific sections and rules for detailed compliance requirements.<\/em><\/p>\n<p><strong>Conclusion:<\/strong> This comprehensive guide serves as a roadmap for private companies to navigate the intricate web of compliance requirements. By categorizing obligations based on paid-up capital, turnover, borrowings, and other factors, companies can proactively address their legal and regulatory responsibilities. Staying compliant not only ensures the company&#8217;s adherence to the law but also promotes transparency and ethical business practices.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ol>\n<\/figure>\n<\/div>\n<p><!-- \/wp:paragraph --><!-- wp:post-date \/--><!-- wp:post-author \/--><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>PRIVATE COMPANY COMPLIANCE LIST: PAID-UP CAPITAL, TURNOVER, BORROWINGS 148 of the Act read with rule 4 of the Companies (Cost Records and Audit) Rules, 2014 and rule 14 of the Companies (Audit and Auditors) Rules, 2014 for cost audit applicability. Introduction: Ensuring compliance is an integral part of managing a private company. The extent of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5764,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_joinchat":[]},"categories":[433],"tags":[510,512,511],"blocksy_meta":"","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PRIVATE COMPANY COMPLIANCE LIST: PAID-UP CAPITAL, TURNOVER, BORROWINGS | simplemyfiling<\/title>\n<meta name=\"description\" content=\"Effortlessly manage private company compliance with a concise checklist covering paid-up capital, turnover, and borrowings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplemyfiling.com\/index.php\/2023\/11\/24\/private-company-compliance-list-paid-up-capital-turnover-borrowings\/\" \/>\n<meta property=\"og:locale\" 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sekhar","author_link":"https:\/\/simplemyfiling.com\/index.php\/author\/simplemyfilinggmail-com\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/simplemyfiling.com\/index.php\/category\/mca\/\" rel=\"category tag\">MCA<\/a>","rttpg_excerpt":"PRIVATE COMPANY COMPLIANCE LIST: PAID-UP CAPITAL, TURNOVER, BORROWINGS 148 of the Act read with rule 4 of the Companies (Cost Records and Audit) Rules, 2014 and rule 14 of the Companies (Audit and Auditors) Rules, 2014 for cost audit applicability. Introduction: Ensuring compliance is an integral part of managing a private company. The extent of&hellip;","_links":{"self":[{"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/posts\/5758"}],"collection":[{"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/comments?post=5758"}],"version-history":[{"count":4,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/posts\/5758\/revisions"}],"predecessor-version":[{"id":5803,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/posts\/5758\/revisions\/5803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/media\/5764"}],"wp:attachment":[{"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/media?parent=5758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/categories?post=5758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simplemyfiling.com\/index.php\/wp-json\/wp\/v2\/tags?post=5758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}