Mumbai's Trusted Company Secretary —
Corporate Compliance, Done Right.

Mitali Tita is a practising Company Secretary (CS) based in Mumbai, Maharashtra, India. She specialises in corporate compliance, ROC filings, company incorporation, secretarial audits, SEBI regulatory compliance, RBI FEMA advisory, trademark registration, NBFC compliance, and startup advisory. She serves startups, SMEs, NBFCs, listed companies, NGOs, and foreign businesses entering India.

A Company Secretary (CS) is a qualified professional governed by the Institute of Company Secretaries of India (ICSI). Businesses need a CS because:

1. ROC filings, annual returns (AOC-4, MGT-7), and many event-based forms legally require CS certification
2. Errors in MCA/ROC filings attract penalties of ₹100/day per form — expertise prevents costly mistakes
3. CS professionals ensure timely board meetings, resolutions, and statutory registers
4. Companies Act 2013 mandates a whole-time CS for companies with paid-up capital above ₹10 crore
5. CS advisory protects directors from personal liability arising from non-compliance

The step-by-step process to incorporate a Private Limited Company in Mumbai:

1. Choose and reserve a company name via RUN (Reserve Unique Name) on MCA
2. Obtain DSC (Digital Signature Certificate) for all proposed directors
3. Apply for DIN (Director Identification Number) via SPICe+ or DIR-3
4. Draft MoA (Memorandum of Association) and AoA (Articles of Association)
5. File SPICe+ form on MCA portal with all documents
6. Receive the Certificate of Incorporation (COI) with CIN

Timeline: 3–7 working days once documents are ready. Mitali Tita manages this process end-to-end for founders across Mumbai and India.

OPC (One Person Company): 1 director + 1 nominee; for solo entrepreneurs; limited liability; relaxed compliance rules; cannot raise equity funding.

LLP (Limited Liability Partnership): Minimum 2 partners; profits taxed at partner level; lower compliance burden; no mandatory statutory audit below ₹40L turnover; not preferred by VCs for equity investment.

Private Limited Company: Minimum 2 directors + 2 shareholders; preferred by investors and VCs; can issue equity shares; higher compliance requirements; maximum credibility with banks, investors, and customers; ideal for startups planning to raise funds.

Yes, an NRI or foreign national can be a director in an Indian company, subject to:

1. Obtaining a DIN (Director Identification Number) from MCA
2. At least one director must be an Indian resident (stayed 182+ days in India in prior calendar year)
3. Foreign investment must comply with FEMA guidelines and FDI policy
4. Appointment must align with the company's Articles of Association

Mitali Tita provides FEMA-compliant company setup services for NRIs and foreign investors.

Every Private Limited Company in India must complete these annual compliances:

1. AOC-4 – Filing of Financial Statements within 30 days of AGM
2. MGT-7A – Annual Return filing within 60 days of AGM
3. AGM – Annual General Meeting within 6 months of financial year end (September 30)
4. DIR-3 KYC – Annual DIN KYC for all directors by September 30
5. Board Meetings – Minimum 4 per year with proper minutes
6. Statutory Registers – Maintained and updated regularly
7. Auditor Appointment – First auditor within 30 days of incorporation

Non-compliance penalties can reach ₹100 per day per form under Companies Act 2013.

Missing ROC filing deadlines has serious consequences:

1. Late fees of ₹100 per day per form (no maximum cap for most forms)
2. Director disqualification under Section 164(2) if AOC-4 & MGT-7 are not filed for 3 consecutive years
3. Company strike-off under Section 248 by the Registrar of Companies
4. Officers in default may face prosecution and personal fines

Solution: Delayed filings can be regularised through MCA's Condonation of Delay scheme or CFSS (Company Fresh Start Scheme) when available. Mitali Tita assists in regularising overdue filings with minimum penalties.

A Secretarial Audit (Form MR-3) is an independent compliance review by a Practising Company Secretary. It is mandatory for:

1. Every listed company
2. Public companies with paid-up share capital of ₹50 crore or more
3. Public companies with annual turnover of ₹250 crore or more
4. Companies with outstanding loans/borrowings exceeding ₹100 crore from banks/FIs

The audit covers compliance with Companies Act, SEBI regulations, FEMA, RBI guidelines, and other applicable laws. Mitali Tita is a Practising CS authorised to conduct secretarial audits.

A Director Identification Number (DIN) is a unique 8-digit identifier issued by MCA to every company director in India. It is mandatory for all directors.

How to get DIN: Obtained automatically through the SPICe+ form during incorporation, or separately via DIR-3 for new appointments. Documents needed: PAN card, Aadhaar, address proof, and a passport-size photograph.

Annual Requirement: DIR-3 KYC must be filed every year by September 30 for each DIN holder to keep the DIN active. Deactivated DINs attract a ₹5,000 reactivation fee.

RBI FEMA Compliance governs foreign investment in Indian companies under the Foreign Exchange Management Act. Key requirements include:

1. FC-GPR filing – within 30 days of allotting shares to a foreign investor (reported to RBI via authorised bank)
2. FLA Return – Annual Foreign Liabilities and Assets return filed by July 15
3. ECB Reporting – For any foreign borrowings (External Commercial Borrowings)
4. Pricing compliance – Share issuance price must meet FMV guidelines
5. Sectoral limits – Investment must comply with FDI policy sectoral caps

Penalties for FEMA violations: up to 3 times the amount involved or ₹2 lakh per day. Mitali Tita provides end-to-end FEMA compliance services.

NBFCs (Non-Banking Financial Companies) registered with RBI must comply with:

1. Annual audited financial statements submitted to RBI
2. Quarterly returns — NDSI, ALM (Asset Liability Management)
3. Capital Adequacy Ratio (CAR) maintenance — minimum 15%
4. Net Owned Fund (NOF) — minimum ₹10 crore for new NBFCs
5. Fair Practices Code (FPC) implementation
6. KYC/AML policy and CKYC compliance
7. ROC annual filings under Companies Act 2013
8. NBS-1 to NBS-9 regulatory returns as applicable

Mitali Tita offers comprehensive NBFC compliance retainer services covering both RBI and ROC obligations.

SEBI Listing Compliance refers to the ongoing obligations under SEBI (LODR) Regulations 2015 for companies listed on NSE, BSE, or SME platforms. Mandatory requirements include:

1. Quarterly and annual financial result submissions
2. Corporate Governance Report (CGR) submissions
3. Related Party Transaction (RPT) disclosures
4. SAST (Substantial Acquisition of Shares) disclosures
5. Insider Trading (PIT) policy implementation
6. Company Secretary as Compliance Officer
7. Board composition as per SEBI norms (independent directors)

Non-compliance attracts SEBI fines and trading suspension. Mitali Tita provides SEBI listing compliance services for listed companies and SME IPO entities.

Trademark Registration in India — step-by-step process:

1. Conduct a trademark search on IP India portal to check availability
2. File trademark application under the relevant class(es) of goods/services (₹4,500 per class for individuals; ₹9,000 for companies)
3. Examination report from the Trademark Registry (30–90 days)
4. Respond to any objections raised in the examination report
5. Publication in the Trademark Journal for 4 months — open for opposition
6. If no opposition: receive the Registration Certificate

Total timeline: 12–24 months. The ™ symbol can be used immediately upon filing; ® only after registration. Mitali Tita handles filing, objections, oppositions, and renewals.

DPIIT (Startup India) recognition eligibility criteria:

1. Must be a Private Limited Company, LLP, or Partnership Firm
2. Annual turnover should not exceed ₹100 crore in any financial year
3. Entity should be less than 10 years old since incorporation
4. Must be working toward innovation, development, or improvement of products/services

Benefits of DPIIT recognition: Tax exemption under Section 80-IAC; self-certification under labour and environment laws; fast-track patent examination with 80% rebate on fees; exemption from public procurement norms; easier ESOP compliance.

Apply on startupindia.gov.in with incorporation certificate, PAN, and business description. Mitali Tita assists with the complete Startup India registration process.

MSME Udyam Registration is a free government registration on udyamregistration.gov.in for Micro, Small, and Medium Enterprises in India.

Eligibility (based on annual turnover):

• Micro: Up to ₹5 crore
• Small: ₹5 crore – ₹50 crore
• Medium: ₹50 crore – ₹250 crore

Benefits: Priority sector lending at lower interest rates; protection against delayed payments (45-day rule); government tender price preference; subsidies on ISO certification, patent fees; credit guarantee scheme eligibility; technology upgradation subsidies.

A Private Limited Company can be wound up through two routes:

Option 1 – Strike Off (Fast Track Exit / FTE) under Section 248: Best for dormant companies with no assets/liabilities. File STK-2 with board resolution and nil statement of accounts. Process takes 3–6 months.

Option 2 – Voluntary Winding Up under IBC: For solvent companies that want a formal liquidation. Shareholders pass a resolution; a liquidator is appointed; assets are distributed; company is dissolved.

Before winding up: All pending ROC filings, Income Tax returns, GST returns, and outstanding dues must be cleared. Mitali Tita assists in both procedures.

The typical cost to incorporate a Private Limited Company in India:

• Government / MCA fees: ₹0 for companies with authorised capital up to ₹15 lakh (varies by state for stamp duty)
• DSC (per director): ₹1,500–₹2,000
• Professional CS/CA fees: ₹5,000–₹20,000 depending on complexity
• Registered office address (if needed): Variable

Total estimated cost: ₹8,000–₹25,000 for a standard Private Limited Company in Mumbai, inclusive of professional fees, government charges, and all documentation.

Yes. All services are handled 100% digitally. Documents are shared securely via digital means, filings are done electronically on the MCA/SEBI/RBI portals, and all communication happens via WhatsApp, email, or video call. This means clients across India — from Mumbai to Delhi, Bangalore, Hyderabad, and even overseas — can access Mitali Tita's services without visiting in person.

Yes. Retainer/compliance subscription plans are available for businesses that need ongoing support. Retainer plans typically cover: all annual ROC filings (AOC-4, MGT-7, DIR-3 KYC), board meeting management, statutory registers maintenance, compliance calendar tracking, event-based filings, and ad-hoc advisory. This is ideal for startups and SMEs who want full CS coverage without hiring a full-time CS. Contact Mitali Tita to discuss a plan suited to your company's needs.

Getting started is simple:

1. Reach out via the contact form on the website or WhatsApp
2. Share your business requirement — incorporation, annual compliance, regulatory advisory, or any specific service
3. Receive a customised checklist and fee structure
4. Share documents digitally — everything is secure and confidential
5. Mitali Tita begins processing immediately with regular status updates

First consultation is free — reach out today to ensure your business stays compliant and legally protected.