Q: Step-by-step procedure

The section of law behind each step is shown beside it. 1 Compliance audit — List every missed form and year. 2 Hold overdue meetings s.132 AGMs and board meetings, minutes prepared. 3 File with additional fees s.130, s.197, s.233 Oldest first. 4 Respond to notices s.480 Appeal penalties if unfair.

Question 1

When this applies

Accepted Answer

Annual returns, accounts or officer changes weren't filed on time.

Question 2

Time limits, fees and sections

Accepted Answer

Item Rule Section Annual return (Form-A) 30 days after the AGM, or after the calendar year end if no AGM s.130(3) Accounts 15 days after the AGM (unlisted); exempt up to Rs 10M paid-up capital s.233 Officer changes (Form-9) 15 days s.197(3) Two years missed Entered in the inactive register s.424(4)

Question 3

Step-by-step procedure

Accepted Answer

The section of law behind each step is shown beside it.

1
Compliance audit—
List every missed form and year.
2
Hold overdue meetingss.132
AGMs and board meetings, minutes prepared.
3
File with additional feess.130, s.197, s.233
Oldest first.
4
Respond to noticess.480
Appeal penalties if unfair.

Question 4

Documents to prepare

Accepted Answer

Incorporation documents Accounts for each year Member and director details

Question 5

Practical tips

Accepted Answer

Penalties are lower when you file before SECP issues a notice

Item	Rule	Section
Annual return (Form-A)	30 days after the AGM, or after the calendar year end if no AGM	s.130(3)
Accounts	15 days after the AGM (unlisted); exempt up to Rs 10M paid-up capital	s.233
Officer changes (Form-9)	15 days	s.197(3)
Two years missed	Entered in the inactive register	s.424(4)