Is it mandatory to file annual returns for a dormant private limited company?

Kabir

I own a private limited company that is currently inactive and not generating revenue. Do I still need to file annual returns and maintain compliance under Indian corporate law?

Vihaan-lawyer

Yes, even a dormant private limited company is required to comply with basic regulatory filings under the Companies Act, 2013 (India). Dormant status does not exempt a company from its legal obligations.

✅ Mandatory Compliance for Dormant Companies:

Filing of Annual Returns (Form MGT-7)
- Must be filed annually with the Registrar of Companies (ROC), even if there is no business activity.
Filing of Financial Statements (Form AOC-4)
- Balance sheet and other minimal disclosures are required, even if nil transactions occurred.
Filing Form MSC-3
- Dormant companies must file Form MSC-3 annually, which is a return of dormant company status.
Holding AGM (Annual General Meeting)
- AGM must be held unless exempted, especially if the company has no significant transactions.
DIR-3 KYC
- Directors must update their KYC every year to avoid disqualification.

🔔 Note: Failure to file annual returns can lead to penalties and striking off by the ROC.

🟢 Question 2: What are my rights if I am falsely accused of a crime (e.g., theft or harassment)?

Answer:

If you're falsely accused of a crime, such as theft or harassment, you are protected under the law. Here’s how to defend yourself and clear your name:

⚖️ Legal Steps to Take:

Stay Calm and Avoid Retaliation
- Don’t engage with the accuser or react emotionally. Let the law take its course.
Consult a Criminal Lawyer Immediately
- A lawyer will guide you on how to respond to police or legal notices.
Collect Evidence
- Secure any CCTV footage, call logs, messages, or witnesses that can support your innocence.
File a Counter-Complaint
- If the accusation is baseless or malicious, file a case for:
  - False FIR (Section 182 or 211 IPC - India)
  - Defamation (Section 499 & 500 IPC)
Apply for Anticipatory Bail
- Protect yourself from arrest by filing for anticipatory bail through your lawyer.
Quashing of FIR
- If there's no basis to the FIR, you can approach the High Court under Section 482 CrPC to get it quashed.

🔐 Your Legal Rights:

Right to remain silent.
Right to legal counsel.
Right to fair trial and bail.
Right to be presumed innocent until proven guilty.
Right to compensation if proved innocent in a false case.