Tuesday 19 June 2012

CHECKLIST FOR COMPLIANCE CERTIFICATE REQUIRED U/S 383A




Name of the Company      :
Date of incorporation         :
Authorised Share Capital   :
Paid up Share Capital         :

(1).      Does the Company maintain the following registers:
_________________________________________________________________________
Name of the registers                                       Under section                          Completed upto

a)         Register of Investment                           49

b)         Register of Deposits                               Rule 7 of Deposit Rule

c)         Register of Securities bought back         77A

d)         Register of charges &copies of               143 &136
             instrument creating charges  

e)          Register of Members & Index                150 &151
              thereof

f)                  Register & index of Debentureholders              152 

g)          Foreign Register of Members or                        157  
             Debentureholders            

h)           Minutes books of Meetings                               193

i)           Minutes book of class meeting/                                      
             Creditors meetings                        

j)            Books of Accounts & Cost Records                 209

k)           Register of particulars of Contracts                  301
              in which Directors are interested

l)           Register of Directors, Managing                       303        
              Director, Manager and Secretary

m)         Register of Director’s shareholding                  307

n)          Register of Investment and Loans etc.              372A

o)          Register of Duplicate Certificates                     Rule-7

p)          Register of destruction of records/                    Rule-4
              Documents

q)           Other registers, if any





(2).      List of the Forms and Returns filed with ROC, CLB or any other authority / department under Companies Act, 1956.
______________________________________________________________________________________Forms /Returns                                Matter                          Due Date of filing            Filing date
______________________________________________________________________________________


   i)          

   ii)         

   iii)        

   iv)       

   v)        

   vi)

   vii)

   viii)

   ix)

   x)

(3)         A.  In case of private Limited Company
           
              i)        Number of Members
                      ii)       If any deposit accepted from persons other than Member, Directors and their relatives
          
           B.  In case of  Public Limited Company
          
Has the Company accepted Deposit u/s 58Aand 58AA of the Act and complied with relevant provisions of the Act .

(4)          Number of Board Meetings held  :-

            Dates                                             Agenda                              If minutes recorded and signed           
                                                                                                            (including any resolution passed by
                                                                                                            circulation )

    i)


    ii)


    iii)


    iv)


          
(5)         Has the Company closed its Register of Members, if so the period of closure

(6)       Details of AGM /EGM held during the year

            Type of the meeting             Date of notice              Date of meeting        Agenda           If minutes
                                                                                                                                                        recorded       






(7)       Details of loan given to Directors etc. under section 295, if any.

(8)       I) Details of contracts entered into with Directors /Companies /firms in which Directors are       
              interested, if any.
           
          II) Form number 24AA received from Directors, if any.

(9)       Details of Directors /relatives holding office or place of profit under section 314, if any.

(10)     Details of duplicate share certificates /debenture certificate issued after allotment, in time.

(11)     If any transfer or transmission has taken place, if so, whether in time and recorded in Board  
             meeting.

(12)     If any dividend declared –
             
     i) Whether deposited within 5 days in a separate bank account.
                ii) Whether paid / Dividend warrant posted within 30 days of declaration.

(13)     If any unpaid or unclaimed dividend transferred to unpaid or unclaimed dividend account after 30       
             days of declaration .


(14)     Whether the Company has transferred amount of—
      
a)       Unpaid dividend account                                  If remain unpaid for 7years              To the                                                                                                                  
                                                                                                                                                 Investor
b)       Application money due for refund                                                                              Education
c)       Matured deposits                                                                                                         and
d)       Matured debentures                                                                                                     Protection
e)       Interest thereon                                                                                                            Fund


(15)     If any Director appointed /resigned or any Managing or Wholetime Director appointed, if so, the
          Compliance of provisions of the Act.

(16)     The appointment of  Sole Selling Agent was made in compliance of the provisions of the Act.



(17)     Details of any shares or securities issued during the year.
    
              In case of Private Companies:
a)       the relevant provisions in Articles of Association have been complied with
b)       return of allotment was filed with the ROC
c)       share certificates have been issued to the allottees  within the prescribed period.
d)       where the Company has issued preference shares, provisions of Section 80(5A) and 80A have been complied with.
       e)    any other relevant matters
      

              In case of Public Companies:

a)       at first instance the shares are offered to the existing shareholders in proportion to the capital paid-
              up on shares held.
b)       in case shares are offered to any persons whether or not those persons include  existing 
              shareholders,  special resolution was passed, Form no. 23 was filed with ROC  
       c)    any  other relevant matters    

(18)        If any Sharers were bought back ?
a)       Whether authorised by the Articles
b)       Special resolution was passed at a General Meeting, Form no.23 filed with ROC
c)       the aggregate value of buy back was not exceeding 25% of the total paid up capital and free 
                reserves
        d)     the buy back was completed within 12 months from the date of passing of the special resolution.

(19)       Detail of Preference shares or Debenture redeemed


(20)       Right to dividend, right shares, bonus shares kept in abeyance .


(21)     If Company has borrowed money , provisions of  Sections 292 and 293 (1) (d)  have been  complied  with.

(22)   Details of investment made ,guarantee given or security provided under section 372A, and                formalities complied with .

(23)       Has the Company during the year :

              Altered its Memorandum of Association with respect to:-
a)       Changed the registered office
b)       Changed its object clause
c)       Changed the name

             Altered its Articles of Association   after obtaining approval of members in the   general meeting and the amendments to the Articles of Association have been duly registered with the Registrar of Companies.
          
               If yes , all formalities complied with.

(24)      Any prosecution initiated against or show cause notices received by the Company for alleged     offences under the Act and also the fines and penalties or any other punishment imposed on the Company

(25)       Whether the Company received any security from its employees during the year under certification and the same has been deposited as per the provisions of Section 417(1) of the Act.

               The amount of security has been deposited by the company within 15 days from the date of deposit-
               1)   a) in a post office savings bank account, or
                     b) in a special account to be opened by the Company  for the purpose in the State Bank of                                                                   India or in a Scheduled Bank, or
                     c) where the company itself is a Scheduled Bank, in a special account to be opened by the                            Company  for the purpose either in itself or in the State Bank of India or in any other                     Scheduled Bank.

                II)     No portion of such money or securities shall be utilised by the Company except for the  purposes agreed to in the contracts of service.

(26)     Whether the Company has deposited both  employee’s and employer’s contribution to the Provident Fund with the prescribed authorities pursuant to Section 418 of the Act.

                        Contribution to the fund has been deposited by the Company within 15 days  from the date of contribution , receipt or accrual, as case may be, either-
                  I) a) in a post office savings bank account, or
                     b) in a special account to be opened by the Company  for the purpose in the State Bank of                                                                   India or in a Scheduled Bank, or
                     c) where the company itself is a Scheduled Bank, in a special account to be opened by the                            Company  for the purpose either in itself or in the State Bank of India or in any other                     Scheduled Bank.
                  
                  II)   be invested in the securities mentioned or referred to in clauses (a) to (e) of Section 20 of  the Indian Trust Act, 1882 (2 of 1882).

 (27)      Whether there was conversion of :

a)       Public Company into Private Company (other than Section 43A) or
b)       Public Company into Private Company ( Section 43A)
c)       Private company into a public Company (Section 44)
d)       Continuation of a Section 43A Public company as a Public Company
e)       Private Company (which is a subsidiary of a Public Company) into a Public Company.
            Whether the provisions have been complied with.


(28)     Whether the company has obtained all necessary approvals of the Central Government, Company  Law Board, Regional Director, Registrar or such other authorities as may be prescribed under the various provisions of the Act

(29)     Register of Companies, Contract and Firms in which Directors are interested, whether signed by the Directors present at the next Board Meeting.


(30)     Whether the Company is a NBFC, does it has a capital of Rs. 25 Lacs or more & if it has accepted deposit the Credit Rating has been obtained or not.

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