India’s Corporate Compliance Calendar for FY2022-23:

Mandatory Forms and Due Dates

india-briefing.com/news/indias-corporate-compliance-calendar-fy2022-23-mandatory-reporting-timelines-
24957.html

By India Briefing May 5, 2022

We list the key reporting forms and due dates on India’s corporate
compliance calendar for FY2022-23, which must be filed by all registered
businesses, irrespective of their entity structure. We also provide the
relevant particulars of the reporting mandates and applicable timeframe.

The Registrar of Companies (ROC), under the Ministry of Corporate Affairs (MCA),
requires all businesses registered in India to adhere to certain compliances every year.
Whether the business is a private limited company, public limited company, or limited
liability partnership (LLP), etc. – it must take note of the reporting forms required to be
filed and submit them as per their established timelines.

For more information on corporate compliance obligations in India or mandatory

reporting requirements for foreign companies doing business in the country, please
contact our experts at india@dezshira.com.

India’s corporate compliance calendar – FY2022-23

Below is a list of key reporting forms, applicable timelines, and filing due dates on India’s
corporate compliance calendar for FY2022-23.

India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

MSME Form I Through this form, the company will furnish the For the half year
half yearly return with the ROC – providing period between
information on the outstanding payments to micro October 2021 –
or small enterprises. March 2022, the
due date is April
30, 2022

For the half year

period between
April 2022 –
September
2022, the due
date is October
30, 2022

1/6
India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

Form MBP-1 Disclosure of Interest by Director (section 184, At the first board
Companies Act, 2013): meeting in the
first quarter:
Every director shall disclose their concern or April 1 – June
interest in any company or companies or bodies 30, 2022
in the following circumstances:
Board meeting
At the board meeting in which they schedule for FY
participate as a director and thereafter; 2022-23
At the first board meeting of every financial
year; or First: April
Whenever there is any change in the – June,
disclosures already made, then at the first 2022
board meeting held after such change, Second:
corporate, firms, or other association of July –
individuals that shall include the September,
shareholding. 2022
Third:
October –
December,
2022
Fourth:
January –
March,
2023

Form DIR-8 Disclosure of non- disqualification by directors. At the first board

meeting in the
first quarter:
April 1 – June
30, 2022

Audited Audited financial statements for FY2021-22 must September 30,

financial be prepared and approved in the board meeting. 2022
statements

Annual general All companies must hold its AGM once in a year, September 30,
meeting (AGM) within six months of the closure of the accounting 2022
year.

2/6
India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

Declaration of Every independent director shall give a At the first Board

independence declaration that they meet the criteria Meeting in the
by independent first quarter:
director of independence as provided in section 149(6) April, 1 – June
and Regulation 16(1)(b) of the SEBI (Listing 30, 2022.
Obligations) on the following occasion:
Board meeting
At the first board meeting in which they schedule for FY
participate as an independent director and 2022-23
thereafter;
At the first board meeting of every financial First: April
year; or – June,
Whenever there is any change in the 2022
circumstances which may affect their status Second:
as an independent director. July –
September,
2022
Third:
October –
December,
2022
Fourth:
January –
March,
2023

Form MSC-3 Return filed by a dormant company Within 30 days

from the end of
A dormant company shall file a “Return of each financial
Dormant Company” annually, indicating the year.
financial position duly audited by a
chartered accountant in practice. For FY 2021-22,
the due date is
April 30, 2022.

Form FC-4 Return filed by a foreign company (branch office Within 60 days
or liaison office) from the closure
of financial year.
Every foreign company shall prepare and
file annual return in Form FC-4 containing For FY 2021-22,
the particulars as they stood at the close of the due date is
the financial year, within 60 days from the May 30, 2022.
last day of its financial year.

3/6
India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

PAS – 6 Reconciliation of share capital audit report.  Within 60 days

It’s applicable to all unlisted public from the closure
companies. of each half year.

For the half year

period between
October 2021 –
March 2022, the
due date is May
30, 2022

For the half year

period between
April 2022 –
September
2022, the due
date is
November 30,
2022

Annual Return Applicable to all LLPs May 30, 2022

of Limited
Liability
Partnership
(LLP)

Form MGT-7 A private company having paid-up share capital of November 28,
INR 100 million or more or turnover of INR 500 2022
million or more shall obtain a certificate in Form
MGT-7 from a Company Secretary.

Form DPT-3 Information about deposits or outstanding loan or June 30, 2022
money other than deposits.

Form CSR-2 Report on Corporate Social Responsibility March 31, 2023

(CSR).
Every company covered under section
135(1) of the Companies Act, 2013 shall
furnish a report on CSR in Form CSR-2 to
the ROC for the preceding year.

4/6
India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

Form DIR-3 KYC of directors September 30,

2022
KYC/WEB Every individual who holds a Director
Identification Number (DIN) as on March 31,
KYC shall file e-Form DIR-3-KYC with the MCA
on or before September 30.
Individuals who have already filed e- Form
DIR-3-KYC for the previous financial year
need to complete their KYC through web-
form DIR-3 KYC-WEB, the web-based
verification service provided by MCA. The
verification will be done through OTPs (one-
time passwords) to be received on the
previously provided mobile and email ID.
In case a person wishes to update their
mobile number or e-mail address, they must
file e-Form DIR-3 KYC, as this facility of
updation is not available in the web-based
service.
In case of updating any other personal
details, e-Form DIR-6 has to be filed for
update of the same before completion of
KYC through the web-based service.

Filing of All companies must file their balance sheets with On or before
balance sheet the ROC within 30 days of the AGM. October 29,
with ROC 2022.

Generation of Before signing the balance sheet by the Statutory On or before

Unique September 30,
Document Auditor, UDIN should be created. 2022
Identification
Number
(UDIN) by
Statutory
Auditor of the
company

5/6
 India’s Compliance Calendar for Companies for FY 2022-23

Reporting Particulars Due date

form

Transfer of Companies which couldn’t spend the CSR On or before

unspent CSR amount earmarked for FY 2021-22 must observe September 30,
amount to the this financial compliance. 2022
CSR fund
constituted by
the federal
government
under
Schedule VII

About Us

India Briefing is produced by Dezan Shira & Associates. The firm assists foreign
investors throughout Asia from offices across the world, including in Delhi and Mumbai.
Readers may write to india@dezshira.com for more support on doing business in in
India.

We also maintain offices or have alliance partners assisting foreign investors in

Indonesia, Singapore, Vietnam, Philippines, Malaysia, Thailand, Italy, Germany, and
the United States, in addition to practices in Bangladesh and Russia.

6/6