Online Chartered

Introduction Incorporation of private limited company brings along few mandatory compliances to be carried out after its incorporation. These compliances need to be carried out within specified time period after incorporation. However, these Post Incorporation Compliances are not that much burdensome in nature and are very basic. Let us discuss what needs to be done after incorporation. 1) Hold a BM: After incorporation of company, the board of directors is required to call for board meeting within 30 days of its incorporation and take necessary decision in this meeting. These decisions includes the bank in which the company wants to open the account, issuance of share certificates, appointment of auditor and any other transactions on which the consent of board members is necessary. The directors can attend meeting either in person or through video conferencing. A private limited company is required to hold at least 4 board meetings in a year and the gap between two consecutive meeti