https://www.taxtmi.com/article/detailed?id=14244 Persistent failure to file annual returns (Form MGT-7) and financial statements (Form AOC-4) within AGM linked timelines attracts daily penalties and additional statutory sanctions; continued default can result in director disqualification, ROC initiated strike off or inactivity designation, and loss of legal standing that restricts contracting and fundraising. Timely filings maintain active company status and corporate governance. en-us Mon, 28 Apr 2025 09:10:26 +0530 Mon, 28 Apr 2025 09:10:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14244 Persistent failure to file annual returns (Form MGT-7) and financial statements (Form AOC-4) within AGM linked timelines attracts daily penalties and additional statutory sanctions; continued default can result in director disqualification, ROC initiated strike off or inactivity designation, and loss of legal standing that restricts contracting and fundraising. Timely filings maintain active company status and corporate governance. Articles Corporate Laws / IBC / SEBI Mon, 28 Apr 2025 09:10:26 +0530 https://www.taxtmi.com/article/detailed?id=14244