This document summarizes the compliance requirements for companies under the Companies Act 2013 based on certain criteria such as paid-up capital, turnover, borrowings, and deposits. It outlines 20 specific compliance requirements including requirements related to annual returns, audit committees, cash flow statements, corporate social responsibility, independent directors, key managerial personnel, rotation of auditors, and more. For each requirement, it specifies the applicable section, rules, and exemptions based on the type and size of the company. In general, larger companies and listed companies have more stringent compliance requirements compared to smaller unlisted companies.

1. AN ATTEMPT TO REVIEW THE COMPLIANCE REQUIREMENT OF COMPANIES UNDER THE COMPANIES ACT 2013
Applicability
Criteria
Exemptions Provided Paid-up Capital (Rs Crores) Turnover (Rs Crore) Borrowings/Deposits NP
(Type of Companies) ≤ > ≥ ≥ ≥ ≥ ≥ ≥ ≤ > ≥ ≥ ≥ ≥ ≥ ≥ > ≥ ≥ ≥ ≥
S.No. Particulars
Applicable
Section Applicable Rule(s) Public Private Listed 1 2 3 4 5 0.5 0.5 5 10 25 50 100 500 2 5 50 100 200 250 300 1000 0.25 25 50 100 5
1
Certification of
Annual Return by PCS
(Form MGT 8)
92(1)
Rule 11 of The Companies
(Management and
Administration) Rules
As per criteria
any
one
Y Y Y Y Y Y Y Y Y Y Y
2 Signing of AR by PCS 92(1)
Rule 11 of The Companies
(Management and
Administration) Rules
Appl. Appl. Appl. NA
OPC
Small
Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y
3 Audit Committee 177(1)
Rule 6 of The Companies
(Meetings of Board and its
Powers Rules)
As per
criteri a NA Appl.
any
one
Y Y Y Y Y Y Y Y Y Y (a) (a)
4
Nomination &
Remuneration
Committee
178(1)
Rule 6 of The Companies
(Meetings of Board and its
Powers Rules)
As per
criteri a NA Appl.
any
one
Sec8
Y Y Y Y Y Y Y Y Y Y (a) (a)
5
Board Report
(Manner in which
Formal Evaluation
been made)
134(3)(g)
As per
criteri a NA Appl.
any
one
Govt.(if
evaluatedby
concerned
Dept.)
Y Y Y Y
6 CARO 143(11)
Rule 11 of The Companies
(Audit and Auditors) Rules Appl.
As per
criteri a Appl.
any
one
Banking
Insurance
Sec8
OPC
Small
Y! Y! Y! Y! Y! Y! Y! Y Y Y Y Y Y Y (b) (b) (b) (b)
7 Cash Flow 2(40) Appl. Appl. Appl. NA
OPC
Small
Dormant
Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y
8 CSR 135(1)
The Companies
(Corporate Social
Responsibility Policy)
Rules
As per
criteri a
any
one
Y* Y Y
9 E Form Records 120
Rule 27, 28, 29 of The
Companies (Management and
Administration) Rules
As per criteria@
Appl.
any
one
10 Independent Director 149(4)
Rule 4 of The Companies
(Appointment and
Qualification of Directors)
As per
criteri a NA Appl.
any
one
Y Y Y Y Y Y Y Y Y Y (.c) (.c)
11 Internal Audit 138(1)
Rule 13 of The Companies
(Accounts) Rules
As per critera Appl.
any
one
Y** Y** Y** Y Y Y Y (e) (e) (d),(e)
12
KMP-MD or CEO or
Manager (and in their
absence WTD)
203(1)
Rule 8 of The Companies
(Appointment and
Remuneration of
Managerial Personnel)
As per
criteri a NA Appl.
any
one
Govt.
Y Y Y Y Y

2. 13 KMP-Chief Financial O 203(1)
As per
criteri
a
NA Appl.
any
one
Y Y Y Y Y
14 KMP-Company Secreta 203(1)
Rule 8A of The Companies
(Appointment and
Remuneration of
Managerial Personnel)
As per criteria Appl.
any
one
Sec.8
Y Y Y Y Y Y
15 Rotation of Auditors 139(2)
Rule 6 of The Companies
(Audit And Auditors)
Rules
As per criteria Appl.
any
one
OPC
Small
Y!! (f) (f)
16 Secretarial Audit 204(1)
Rule 9 of The Companies
(Appointment and
Remuneration of
Managerial Personnel)
As per
criteri
a
NA Appl.
any
one
Y Y Y Y Y Y
17 SmAppl. Co. 2(85) NA
As per
criteri
a
NA Appl.
H/Sub
Sec.8
Spl.Act
Y Y
18 Vigil Mechanism 177(9)
Rule 7 of The Companies
(Meetings of Board and its
Powers Rules)
As per criteria Appl.
any
one
(b) (b)
19 Woman Director 149(4)
Rule 3 of The Companies
(Appointment and
Qualification of Directors)
As per
criteri
a
NA Appl.
any
one
Y Y Y Y
20 XBRL As per criteria Appl.
any
one
Banking
Insurance
Power
NBFC
Y Y Y Y Y Y Y Y Y Y Y
Notes: 1. [How to USE:
Find your Co. Type
Under ;
"!" Means Paid-up +
Reserves, '!!' means
Unlisted Public Co ≥ 10
Crores and Pvt Co. ≥20
Crores, '*' means Net
Worth, '**' means
Unlisted Public
Co., '@' means
Co. having
shareholders,
debenture
holders and
other security
holders
≥1000, 'Y'

3. means YES, 'Appl.'
means Applicablity to,
'NA' means Not
Applicable, 'As per
criteria' means check
under 'Criteria', 'NP'
means Net Profit.
Notes: 2 Abbreviation
used
(a) Outstanding Loans or
Borrowings or
Debentures or Deposits
(b) borrowings from
Bank and Public FI and
which accepts public
deposits
(c.) outstanding
loans,debentu
res and
deposits
(d)
ou
tst
an
din
g
loa
ns
or
bo
rro
wi
ng
fro

4. m Bank or FI
(e)
outstanding
deposit
(public co
only)
(f) Public Borrowingfrom FI, Banks or publicDeposits