Management Services ROKADH Financial Services Private Limited

Statutory Balance Sheet Preparation

A statutory balance sheet is a structured financial statement that outlines a company's assets, liabilities, and equity. Prepared as per the Companies Act, 2013, it is crucial for compliance, annual filings, and loan applications. It reflects the financial health of a company and is mandatory for all registered business entities in India.

+ Advantages

Ensures legal financial reporting

Meets statutory requirements under company law.
Essential for investor & lender trust

Builds credibility with financial stakeholders.
Tracks business financial position

Provides snapshot of company's financial health.
Mandatory for annual ROC filing

Required compliance for all registered companies.

- Disadvantages

Requires professional oversight

Needs qualified accountant or CA preparation.
Time-sensitive compliance

Must be filed within strict deadlines.
Non-compliance attracts penalties

Late or incorrect filings can result in fines.
Incorrect data may lead to scrutiny

Errors can trigger regulatory investigations.

Statutory Audit / Internal Audit

Statutory and internal audits verify financial accuracy and legal compliance. These audits are conducted by certified auditors and are essential for improving business transparency. They help identify financial risks, validate records, and ensure adherence to the Companies Act and other applicable regulations, especially in medium and large enterprises.

+ Advantages

Builds trust among stakeholders

Enhances credibility with investors and regulators.
Detects financial misstatements

Identifies errors or fraud in financial records.
Ensures tax and legal compliance

Verifies adherence to all regulatory requirements.
Enhances internal financial control

Improves accounting processes and safeguards.

- Disadvantages

Can be time-consuming

Requires significant staff time and resources.
Requires complete disclosures

Full financial transparency is mandatory.
Additional audit costs

Professional audit fees can be substantial.
May disrupt business flow

Audit processes can interrupt normal operations.

Minutes of Board Meeting & AGM Preparation

Documenting minutes for Board Meetings and AGMs is a legal obligation under Indian company law. It records resolutions, decisions, and discussions. Proper minutes enhance transparency, ensure accountability, and serve as official evidence in disputes or inspections by authorities like the ROC or SEBI.

+ Advantages

Records key decisions legally

Creates official record of corporate actions.
Strengthens governance structure

Formalizes decision-making processes.
Required for ROC and legal audits

Mandatory compliance documentation.
Ensures accountability to stakeholders

Demonstrates proper corporate governance.

- Disadvantages

Needs precise drafting

Requires careful wording to avoid ambiguity.
Non-compliance invites penalties

Missing or incorrect minutes can lead to fines.
Needs updates after each meeting

Time-sensitive documentation requirement.
Small errors may cause issues

Inaccuracies can create legal vulnerabilities.

Equity Share Structuring & Execution of Share Transfer

This process involves allocating and transferring equity among shareholders as per legal norms. It ensures smooth ownership changes, capital planning, and proper documentation. It's important during investments, exits, or onboarding new partners, and must be filed with the ROC where applicable.

+ Advantages

Enables ownership structuring

Facilitates organized capital allocation.
Useful in raising investment

Supports equity funding processes.
Ensures valid shareholder transitions

Legally documents ownership changes.
Required for ROC compliance

Mandatory for share transfer filings.

- Disadvantages

Legal process must be followed

Requires strict adherence to company law.
Can attract stamp duty

Transfer taxes may apply to transactions.
Improper handling causes disputes

Errors can lead to shareholder conflicts.
Delays may affect filings

Timely processing is crucial for compliance.

Applicability Matrix - Management Services

Service	Private Limited Co.	LLP	OPC	Partnership Firm
Statutory Balance Sheet Preparation	✅ Mandatory	✅ Mandatory	✅ Mandatory	❌ Not Applicable
Statutory / Internal Audit	✅ Mandatory (if applicable)	✅ Conditional	❌ Optional	❌ Optional
Minutes of Board Meeting & AGM	✅ Mandatory	❌ Not Applicable	✅ Board Meetings Only	❌ Not Applicable
Equity Share Structuring & Transfer	✅ Applicable	❌ Not Permitted	❌ Not Permitted	❌ Not Applicable

Management Services

Corporate Compliance Services