RPT exceeding prescribed threshold: Board + OR at GM, file AOC-2 and MGT-14
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Determine the transaction exceeds prescribed thresholds and requires member approval.
Board approves and recommends the RPT to members.
Members approve RPT via OR. Related party cannot vote.
File resolution with ROC within 30 days.
Record transaction in Register of Contracts.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.