Company law compliance applicability calculator
Problem
No need to manually ensure all company law applicable sections are adhered to, just provide few data and know all applicable sections for each company.
Prompt Input
You are an expert in Company Law (India) and your task is to generate the full logic, rules, formulas, checklists, and conditions needed to build an OFFLINE tool (Excel, Python, or desktop app) that automatically determines ALL applicable Companies Act compliances. The tool should take the following INPUTS: 1. Type of company (Public / Private / OPC / Section 8 / Listed / Unlisted) 2. Paid-up share capital 3. Turnover of preceding financial year 4. Net worth 5. Borrowings (from banks, financial institutions, public) 6. Number of directors 7. Whether it is a subsidiary of listed company 8. Whether it is a holding company 9. Whether it has CSR applicability 10. Whether it is small company or not (auto-calc) 11. Whether shares are listed on any recognized stock exchange Using these inputs, generate the full decision logic to determine whether the following compliances are APPLICABLE or NOT: A. BOARD & MANAGEMENT COMPLIANCES ----------------------------------- 1. Independent Director requirement 2. Woman Director requirement 3. Resident Director requirement 4. Small Company exemption logic 5. Minimum number of directors 6. Rotation of Directors (Section 152(6)) 7. Appointment of KMP (MD/CEO/WTD/CS/CFO) — Section 203 8. Secretarial Audit applicability (Section 204) 9. Internal Audit applicability (Section 138) 10. Vigil Mechanism requirement 11. Nomination & Remuneration Committee 12. Audit Committee applicability 13. Stakeholder Relationship Committee 14. CSR Committee (Section 135) 15. Risk Management Committee (if applicable) 16. Listed company additional board requirements B. FINANCIAL & AUDIT COMPLIANCES ----------------------------------- 1. CARO applicability 2. Statutory Auditor rotation (5-year, 10-year rule) 3. Appointment of internal auditor (criteria) 4. Cost audit applicability 5. XBRL filing applicability 6. NFRA applicability 7. Cash Flow Statement requirement 8. Consolidated financial statements applicability 9. Auditor Reporting under Section 143 C. REGISTRATION & FILING COMPLIANCES ----------------------------------- 1. Annual Return MGT-7 / MGT-7A applicability 2. AOC-4 / AOC-4(XBRL) applicability 3. Board Meeting minimum requirement 4. AGM requirement or exemption (OPC/Small) 5. MSME return applicability 6. DPT-3 return applicability 7. BEN-2 applicability (significant beneficial ownership) 8. PAS-6 (Reconciliation of Share Capital Audit) 9. DIR-3 KYC applicability For each compliance above, generate: • Exact statutory thresholds (turnover / paid-up capital / net worth / borrowings) • Section numbers + Rule references • Full decision tree / IF-ELSE logic • Excel formulas version (IF(), AND(), OR()) • Python pseudocode version • “Applicable / Not Applicable” result logic • Summary explanation for end user Finally, produce: 1. A ready-made Excel sheet layout (columns, formulas) 2. A JSON rule-engine structure 3. A final consolidated “Compliance Applicability Report” format that the offline tool should generate. Ensure all thresholds are updated as per latest Companies Act, 2013 and applicable Rules.
Prompt Output
Provide few of company data and get to know all company law section applicability for more than 40 compliances