How Do You Track Statutory Due Dates Across Multiple Jurisdictions?

Compliance calendars tend not to be stable. Recently, the different regulators from the securities and real estate industry have changed the deadlines for filing and reporting cases for many organisations. Those that default are the ones whose calendar was never updated when the date moved.

Quick Answer: Statutory due dates are tracked across jurisdictions by holding every obligation in a single register that records both the original date and the revised date, maps each obligation to a specific entity, category, location and registration, and ingests regulatory change automatically rather than relying on someone to notice a circular. This matters because extensions are common and uneven. Eight recent Securities and Exchange Board of India (SEBI) and Karnataka RERA deadlines were extended to dates ranging from 31 October 2026 to 31 March 2028, and several of them diverge by entity category, so two entities inside the same firm can be tracking different dates for what appears to be a single requirement.

Last updated: 27 August 2026

Why Do Statutory Due Dates Move So Often?

Regulators make changes based on requests from companies, on the basis of operational readiness, or in accordance with financial-year calendar. The fixing of deadlines is done through the statute or rule or regulation. The adjustments then become effective through the notifications or circulars, often without any direct communication to affected parties.

An extension does not eliminate the responsibility; rather, it restarts the clock. Organisations that think of an extension as one less thing to worry about, rather than one more date to remember, are most likely to default when the new date finally comes.

Why Does the Volume Compound Across Jurisdictions?

A central securities commission, a state real estate department, a state employment office or a city business licensing agency might all be overseeing a single organisation at the same time, moving along at different speeds in each case. Doing the same across every country the organisation operates in makes manual tracking impossible.

Which Compliance Due Dates Were Recently Extended?

The eight obligations below were extended by the concerned regulator or authority. The list serves as a useful example of how uneven the extensions have been in practice.

What Changed for Digital Accessibility Audits?

The new deadline for the audit has been changed from 30 April 2026 to 31 October 2026. Entities regulated under the Depositories Act, 1996, SEBI Act, 1992, and Depositories and Participants Regulations, 2018 are required to complete the accessibility audits of their digital platforms. The extension gives them extra time to complete those audits and work on closing the gaps existing on investor-facing platforms.

What Changed for Karnataka RERA Form-7?

The due date of Form-7 for the FY 2024-25 has been switched from 31 March 2026 to 15 November 2026. Section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act, 2016 clarifies that promoters need to get the accounts of their projects audited annually. The promoters who have registered under the Act and the applicable Karnataka RERA rules and regulations must submit their accounts in Form-7, which includes the profit and loss account, balance sheet, cash flow statement, income tax return, and auditor's report.

What Changed for Merchant Bankers?

This round is primarily concerned with SEBI (Merchant Bankers) Regulations, 1992. It is thus imperative for merchant bankers to meet the minimum net worth and liquid net worth requirements established by 31 March 2027 or 31 March 2028 based on the classification. Merchant bankers should also notify SEBI of being classified either under Category I or Category II by 31 March 2027. Furthermore, under Regulation 13A(2), merchant bankers are required to segregate the identified activities under a separate business unit by 31 December 2026.

The deadlines are grouped with respect to the categories. A Category I entity and a Category II entity in the same group can track two different due dates for what looks like the same requirement. That divergence is where spreadsheet calendars fail.

What Happens If an Extended Deadline Is Missed?

Regulatory relief refers to an extension rather than a waiver. Failure to meet a new deadline will carry the same consequences as failing to meet the original deadline. This may lead to notifications from a relevant authority concerning the reason for the delay, in addition to possible imposition of fines and negative comments during the inspection of a merchant banker, and in case of merchant bankers, it may affect the SEBI registration of the firm.

Governance ratings and investor confidence are compromised when a listed or regulated entity fails to comply with regulations, no matter how many times. Each extension granted must be treated as a new entry in the compliance tracker, and not an excuse to make compliance less of a priority.

What Should a Multi-Jurisdiction Compliance Calendar Do?

A calendar that survives contact with real regulatory change meets seven tests.

1. Both dates, held together. The record carries the original and the revised due date, so the audit trail shows what changed and when, rather than silently overwriting history.
2. Obligation mapped to entity, category and location. A category-specific or state-specific deadline must never be applied to the wrong entity. Category I and Category II obligations are a live example.
3. Regulatory change ingested automatically. Notifications, circulars and amendments reach the calendar without waiting for a person to read a regulator's website.
4. A named owner with escalation. Each obligation has one accountable owner, with reminders before the date and escalation when an item is at risk. The same discipline applies to contractual deadlines, which move for commercial reasons but fail the same way.
5. Evidence attached to the filing. A time-stamped record of submissions and supporting documents, available for internal review, statutory audit or inspection.
6. Group-wide roll-up. Status across securities, real estate, labour, environment and corporate regulators, domestic and overseas, in one view for management and the board.
7. Configurable to the group structure. A parent company should see compliance health across subsidiaries, branches and countries without logging into separate systems.

Why Do Spreadsheet Calendars Fail Across Jurisdictions?

A spreadsheet records a date. It does not know that the date changed.

The failures noted above can be traced back to that gap. The extension has come out but has not been read by anybody, making the spreadsheet display the when that is no longer in operation. One jurisdiction has a reasonable stream of changes. A representative group of jurisdictions, with many regulatory bodies within each, generates an amount that cannot be followed by one person with a full-time job.

How Does LexComply Track Statutory Due Dates?

LexComply is a worldwide compliance management system designed for companies that operate in a single or a number of countries worldwide. LexComply allows you to manage all compliance deadlines related to different entities, laws, locations, and registrations within a single centralised compliance calendar.

The regulatory research team continuously monitors news, circulars and changes and implements changes to the calendar, including those mentioned above. The underlying data legal repository covers more than 10,000 laws, with over 100,000 regulations published on the platform. Obligations are tagged by company, business unit, category and country, enabling category-specific deadlines to reach only the companies they apply to.

What Supports the Calendar Beyond Tracking?

advisory services is a tool for interpretation of gray areas concerning responsibilities related to specific events. On the other hand, registration and licensing support serves to complement the platform in cases when a responsibility requires renewal instead of filing.

Common Mistakes to Avoid

• Treating an extension as a cancellation. The obligation survives. Only the date changes.
• Applying one date across all entities. Category-specific and state-specific deadlines diverge, and a single group date will be wrong for some entities.
• Overwriting the original date. Losing the original leaves no audit trail of what moved and when.
• Leaving an extended obligation unassigned. A date with no named owner is a date nobody is watching.

Frequently Asked Questions

Do compliance deadline extensions apply automatically to everyone?

No. Extensions apply exclusively to specific organisations, classifications, or categories mentioned in the notification by the regulatory authority. Before proceeding with the extended date, the entity or classification must confirm applicability in regard of the registration of the entity or classification.

Does an extension change the compliance requirement itself?

No, just the deadline changes, and the requirement itself, whether an audit, filing, or a net worth threshold, stays exactly as it was before.

How can businesses avoid missing an extended deadline?

Keeping the compliance tracker up to date in case of an extension requires the assignment of the concern and compliance persons responsible for updating the dates as well as using special monitoring-related software to process changes in regulations instead of continuous tracking on a regular basis.

Why do two entities in the same group have different deadlines?

As a consequence of the duties being different from one category to another. To illustrate the point, under SEBI Merchant Banker Regulations, Category I and II entity have a different threshold as well as date. Therefore, a common date applicable to all cannot be decided on.

What should a compliance calendar record when a date is extended?

Using both dates. Keeping a record of both the original and amended date facilitates compliance audit trail and provides evidence of the tracking of changes during compliance audit, therefore affirming the position of an entity during any audit or legal inspection.

Key Takeaways

• An extension resets the clock rather than removing the obligation, and a missed revised deadline is treated the same as a missed original one.
• Eight recent SEBI and Karnataka RERA deadlines were extended, with revised dates running from 31 October 2026 to 31 March 2028.
• Several diverge by entity category, so one group-wide date will be wrong for part of the group.
• Multi-jurisdiction tracking requires both dates held together, obligations mapped to entity and location, automatic ingestion of regulatory change, and named ownership.

To review how statutory due dates are tracked across your entities and jurisdictions, talk to the LexComply team.

Legal Disclaimer: This article is for general information and reflects the notifications and regulations referred to as at 27 August 2026. It does not constitute legal advice. Confirm the requirements and dates applicable to your organisation with a qualified adviser.