Regulatory & Compliance Management | SilverSiX Consultant

Overview

What is Regulatory Compliance?

Ongoing regulatory compliance is the backbone of every cross-border enterprise. Indian companies with foreign investment or overseas operations must comply with FEMA, RBI, MCA, and SEBI regulations through a complex calendar of annual and event-based filings.

Why It Matters

Missed filings attract compounding, penalties, and can even invalidate prior approvals. For listed entities, SEBI non-compliance can trigger trading restrictions and reputational damage. For FEMA, contraventions can lead to penalties up to 3x the contravention amount.

SilverSiX acts as your outsourced compliance partner — maintaining calendars, preparing filings, and representing you before regulators.

📊 Compliance Calendar

AOC-4 (Financials) — 30 days from AGM
MGT-7 (Annual Return) — 60 days from AGM
APR (ODI) — 15 July
FLA Return — 15 July
FC-GPR (allotment) — 30 days
FC-TRS (transfer) — 60 days

Our Scope

Comprehensive Compliance Services

🏛️ FEMA Compliance

Complete FEMA compliance for foreign investment, ODI, and ECB transactions.

Annual FEMA compliance calendar
FC-GPR & FC-TRS filing
ODI Annual Performance Report
FLA Return preparation
Contravention compounding

📋 MCA Filings

All Companies Act 2013 filings including annual returns, financials, and event-based returns.

AOC-4 (XBRL + non-XBRL)
MGT-7 (Annual Return)
DIR-3 KYC (Director KYC)
CHG-1 (Charge creation)
PAS-3 (Return of allotment)

📈 SEBI Compliance

Listed entity compliance under SEBI (LODR) Regulations 2015 and ICDR.

Quarterly / annual compliance report
Shareholding pattern disclosure
Related-party transaction compliance
Insider trading code
SEBI ICDR (preferential issue)

🏦 RBI Reporting

All RBI returns for foreign investment, ECB, and ODI transactions.

ECB monthly / annual returns
ODI Part II reporting
Foreign investment remittance tracking
AD Bank liaison

🔍 Regulatory Audit

Periodic health checks to identify gaps and remediate contraventions before they compound.

FEMA compliance audit
Companies Act gap assessment
SEBI compliance review (listed)
Contravention identification & remediation

📅 Compliance Calendar

Proactive calendar management with alerts, document collection, and filing execution.

Annual calendar creation
Document collection SOP
Filing deadline alerts
Board resolution tracking

Execution

Our Compliance Process

Compliance Health Check

Comprehensive audit of all past filings, approvals, and contraventions to establish baseline.

Calendar Creation

Customized annual compliance calendar with all FEMA, MCA, RBI, and SEBI deadlines.

Document Collection

Systematic collection of financials, board resolutions, and transaction documents ahead of deadlines.

Filing Execution

Preparation and submission of all returns, forms, and reports within regulatory timelines.

Contravention Remediation

Identification of past gaps and compounding / rectification before penalty proceedings.

Ongoing Monitoring

Quarterly reviews, regulatory update alerts, and proactive advisory on law changes.

Deliverables

What You Receive

Deliverable	Description	Timeline
Compliance Health Report	Gap analysis & contravention identification	Week 2
Annual Calendar	All FEMA, MCA, RBI, SEBI deadlines	Week 3
AOC-4 Filing	Financial statements in XBRL / non-XBRL	Within 30 days of AGM
MGT-7 Filing	Annual return with shareholder details	Within 60 days of AGM
APR Filing	ODI Annual Performance Report	15 July
FLA Return	Foreign Liabilities & Assets return	15 July
FC-GPR / FC-TRS	Post-investment / post-transfer filing	Event-based
Quarterly Review	Compliance status & upcoming deadline alert	Quarterly

FAQ

Common Questions

What is the penalty for late AOC-4 filing? ▼

Late filing of AOC-4 attracts a penalty of ₹ 100 per day of delay, with no maximum cap. For willful default, officers in default can face imprisonment up to 6 months.

What is the FLA Return? ▼

The Foreign Liabilities and Assets (FLA) Return is an annual return filed by 15 July, reporting all foreign assets and liabilities of the Indian entity as of the end of the financial year.

Can past FEMA contraventions be compounded? ▼

Yes. FEMA contraventions can be compounded by the RBI under Section 15. The compounding fee is typically up to 3x the contravention amount. We handle the entire compounding application.

Is XBRL filing mandatory? ▼

XBRL filing is mandatory for listed companies and certain classes of unlisted companies (based on paid-up capital and turnover thresholds). We assess applicability and prepare XBRL instance documents.

What is the DIR-3 KYC? ▼

Every person holding a DIN must file DIR-3 KYC annually by 30 September. Non-filing leads to deactivation of DIN and disqualification from directorship.

Regulatory & Compliance