u/Cersei_73

Hi everyone, (using AI to better format my thoughts)

Trying to understand whether this is a realistic compliance/revival situation or whether we are being massively overquoted.

We have a private company with around 8 years of ROC non-compliance / pending filings.

We were given:

• a “Professional Charges Statement” for ~₹32 lakhs
• plus separate government fees/penalties/taxes
• and another “Indicative Non-Compliance Exposure Report” claiming potential exposure of ₹90L+ if a 2026 compliance facilitation scheme is not opted into.

The work includes things like:

• AOC-4 backlog filings
• MGT-7/MGT-7A backlog
• AGM regularisation
• books reconstruction
• ledger cleanup
• auditor coordination
• DIR-3 KYC / compliance rectification
• revival planning
• penalty mitigation support

The proposal says the ₹32L is ONLY professional charges and does not include government filing fees/penalties.

A few questions:

1. Is this kind of pricing actually normal for an 8-year ROC cleanup?
2. How much of these “₹90L+ exposure” numbers are realistic vs theoretical maximum penalties?
3. Is there a more practical/cheaper route for small private companies?
4. What documents/calculations should I ask for before agreeing to anything?
5. Is there any route where:
   • penalties can be reduced,
   • directors can avoid major exposure,
   • or the company can be regularised without spending absurd amounts?

Would appreciate any kind of leads or inputs.
I know this might not exactly be the right sub but I am losing my mind because of this and absolutely cannot afford to pay the amount quoted.

Thanks.

Hi everyone, (using AI to better format my thoughts)

Trying to understand whether this is a realistic compliance/revival situation or whether we are being massively overquoted.

We have a private company with around 8 years of ROC non-compliance / pending filings.

We were given:

• a “Professional Charges Statement” for ~₹32 lakhs
• plus separate government fees/penalties/taxes
• and another “Indicative Non-Compliance Exposure Report” claiming potential exposure of ₹90L+ if a 2026 compliance facilitation scheme is not opted into.

The work includes things like:

• AOC-4 backlog filings
• MGT-7/MGT-7A backlog
• AGM regularisation
• books reconstruction
• ledger cleanup
• auditor coordination
• DIR-3 KYC / compliance rectification
• revival planning
• penalty mitigation support

The proposal says the ₹32L is ONLY professional charges and does not include government filing fees/penalties.

A few questions:

1. Is this kind of pricing actually normal for an 8-year ROC cleanup?
2. How much of these “₹90L+ exposure” numbers are realistic vs theoretical maximum penalties?
3. Is there a more practical/cheaper route for small private companies?
4. What documents/calculations should I ask for before agreeing to anything?
5. Is there any route where:
   • penalties can be reduced,
   • directors can avoid major exposure,
   • or the company can be regularised without spending absurd amounts?

Would appreciate any kind of leads or inputs.
I know this might not exactly be the right sub but I am losing my mind because of this and absolutely cannot afford to pay the amount quoted.

Thanks.

Hi everyone, (using AI to better format my thoughts)

Trying to understand whether this is a realistic compliance/revival situation or whether we are being massively overquoted.

We have a private company with around 8 years of ROC non-compliance / pending filings.

We were given:

• a “Professional Charges Statement” for ~₹32 lakhs
• plus separate government fees/penalties/taxes
• and another “Indicative Non-Compliance Exposure Report” claiming potential exposure of ₹90L+ if a 2026 compliance facilitation scheme is not opted into.

The work includes things like:

• AOC-4 backlog filings
• MGT-7/MGT-7A backlog
• AGM regularisation
• books reconstruction
• ledger cleanup
• auditor coordination
• DIR-3 KYC / compliance rectification
• revival planning
• penalty mitigation support

The proposal says the ₹32L is ONLY professional charges and does not include government filing fees/penalties.

A few questions:

1. Is this kind of pricing actually normal for an 8-year ROC cleanup?
2. How much of these “₹90L+ exposure” numbers are realistic vs theoretical maximum penalties?
3. Is there a more practical/cheaper route for small private companies?
4. What documents/calculations should I ask for before agreeing to anything?
5. Is there any route where:
   • penalties can be reduced,
   • directors can avoid major exposure,
   • or the company can be regularised without spending absurd amounts?

Would appreciate any kind of leads or inputs.
I know this might not exactly be the right sub but I am losing my mind because of this and absolutely cannot afford to pay the amount quoted.

Thanks.

Hi everyone, (using AI to better format my thoughts)

Trying to understand whether this is a realistic compliance/revival situation or whether we are being massively overquoted.

We have a private company with around 8 years of ROC non-compliance / pending filings.

We were given:

• a “Professional Charges Statement” for ~₹32 lakhs
• plus separate government fees/penalties/taxes
• and another “Indicative Non-Compliance Exposure Report” claiming potential exposure of ₹90L+ if a 2026 compliance facilitation scheme is not opted into.

The work includes things like:

• AOC-4 backlog filings
• MGT-7/MGT-7A backlog
• AGM regularisation
• books reconstruction
• ledger cleanup
• auditor coordination
• DIR-3 KYC / compliance rectification
• revival planning
• penalty mitigation support

The proposal says the ₹32L is ONLY professional charges and does not include government filing fees/penalties.

A few questions:

1. Is this kind of pricing actually normal for an 8-year ROC cleanup?
2. How much of these “₹90L+ exposure” numbers are realistic vs theoretical maximum penalties?
3. Is there a more practical/cheaper route for small private companies?
4. What documents/calculations should I ask for before agreeing to anything?
5. Is there any route where:
   • penalties can be reduced,
   • directors can avoid major exposure,
   • or the company can be regularised without spending absurd amounts?

Would appreciate any kind of leads or inputs.
I know this might not exactly be the right sub but I am losing my mind because of this and absolutely cannot afford to pay the amount quoted.

Thanks.

Hi everyone, (using AI to better format my thoughts)

Trying to understand whether this is a realistic compliance/revival situation or whether we are being massively overquoted.

We have a private company with around 8 years of ROC non-compliance / pending filings.

We were given:

• a “Professional Charges Statement” for ~₹32 lakhs
• plus separate government fees/penalties/taxes
• and another “Indicative Non-Compliance Exposure Report” claiming potential exposure of ₹90L+ if a 2026 compliance facilitation scheme is not opted into.

The work includes things like:

• AOC-4 backlog filings
• MGT-7/MGT-7A backlog
• AGM regularisation
• books reconstruction
• ledger cleanup
• auditor coordination
• DIR-3 KYC / compliance rectification
• revival planning
• penalty mitigation support

The proposal says the ₹32L is ONLY professional charges and does not include government filing fees/penalties.

A few questions:

1. Is this kind of pricing actually normal for an 8-year ROC cleanup?
2. How much of these “₹90L+ exposure” numbers are realistic vs theoretical maximum penalties?
3. Is there a more practical/cheaper route for small private companies?
4. What documents/calculations should I ask for before agreeing to anything?
5. Is there any route where:
   • penalties can be reduced,
   • directors can avoid major exposure,
   • or the company can be regularised without spending absurd amounts?

Would appreciate any kind of leads or inputs.
I know this might not exactly be the right sub but I am losing my mind because of this and absolutely cannot afford to pay the amount quoted.

Thanks.

We are planning our travel to Sri Lanka on the dates May 30 - June 3.

We were hoping to just have a laid back visit with beach days and cafe hopping and visiting the markets/shopping during the nights.

How bad would the monsoon be down south in Mirissa, Galle?

Would the beaches be closed off? We are okay with short bursts of rain, so is that how the weather is going to be? Or is it going to be a rough monsoon?