Services
Overview
Legal compliance is the process whereby businesses, customers, vendors and employees follow internal, state, and central laws and regulations. The purpose of an ongoing legal compliance program is to protect the organization, its key people from exorbitant fines and unwanted litigations.
Objective of Risk Management can be well understood post the COVID-19 pandemic. In the world of finance, risk management refers to the practice of envisaging potential risks in advance, analyzing them and taking precautionary steps to reduce/curb the risk. With an increase in the frequency of catastrophic events, their impacts have become more pervasive. It affects the profitability and cash reserves adversely if controls and strategies are not in place.
As a result, traditional business models and infrastructures have little choice but to adapt. It’s now more vital than ever to reinvent and reassess businesses by using technology, people, and processes to fundamentally change business performance and make your company more resilient.
The services under business legal compliance and risk management can be based on the following assessments:
Nature and scale of Business – Applicable Legal Services and assessment of Risk
Management’s vision and Business objectives
Internal challenges such as lack of reporting systems, heavy employee turnovers, liquidity crunches, taxation, etc.
External Challenges such as business threats, changes in Industrial Policies, regulatory requirements
The services we offer under Business Legal Compliance and Risk Management are-
Transaction Advisory Services
Business Advisory related to Constitution:
Advisory on drafting and vetting of incorporation documents such as Company Memorandum and Articles of Association, Partnership Deeds for partnership firm or Limited Liability Partnership, Registration and other necessary compliance.
Tax Advisory about visible compliances
Investment Advisory services:
- Preparation of business plan and Advisory on financial modeling
- Identifying strategic partners
- Advisory on Term sheets – Draft | Negotiation of terms and conditions | Execution
- Advisory on Memorandum of Understanding (MoUs) in alignment with general business practices or specific requirement, assistance in the negotiation of terms
- Advisory on Legal and commercial aspects of Joint Venture arrangement, vetting of JV Agreements
- Advisory on key commercial and legal aspects in Share Purchase Agreements / Share Subscription Agreements, liaison services with Legal Advisors/ Lawyers representing clients.
- Advisory on Valuation services
- Advisory on Legal, Tax and Financial Due diligence
- Tax planning and Advisory on proposed structuring
- Project viability study from Financial and Tax perspective in Government Tenders
- Advisory on Legal structure with ease of compliance
- Negotiation of Terms and conditions of the agreement for infrastructure projects.
- MSME Registration for availing benefits of Government Contracts
- Tax Advisory & Tax compliance
- Leave and license
- lease agreements
- Service agreements
- Franchise Agreements
- Employee Stock option plans
- Settlement Agreements
- Power of Attorneys
- Guarantee Agreements
- Mortgage Deeds, Hypothecation agreements
- Registration of aforesaid documents with respective authorities and related compliance.
Real Estate Advisory Services:
Preparation of business plan based on Government schemes, its Project viability, Tax concessions, other related benefits in Industrial/warehousing or commercial development projects, Real estate projects including Affordable Housing projects.
Syndicating Debt /Equity for Financial closure, Post Financial closure support, continuous monitoring of funds mobilisation.
Advisory on drafting of legal agreements related to immovable property rights including commercial negotiation-
- Development Agreement, Joint Development Agreement
- Agreements related to Slum Rehabilitation Activities in pursuance of SRA schemes and concessions.
- Power of Attorneys
- RERA application and Registration
- Public Notices
- Registration of aforesaid documents with respective authorities
- Assistance in related compliance as well as certification
- Representation before relevant authorities, where needed.
- Identifying project partners/ strategic investors
- Assistance in legal, tax and financial due diligence
- Deal Structuring and Advisory
- Tax Advisory on viable structure, ease of tax compliance and maximising valuation in long run.
- Advisory on Exit strategy
Recovery proceedings:
- Guidance on legal remedies before invoking Sec.138 cheque bouncing cases.
- Drafting Recovery notices.
- Extending support to management for recovery with reference to legal possibilities, tax and regulatory aspects etc.
- Assistance in related compliance as well as certification
Insolvency and Bankruptcy related Advisory
- Due Diligence on bidders in the Insolvency Resolution Process
- Monitoring of Insolvency Resolution Plan implementation
- Process Advisory for stake-holders
- Litigation Support
- Documentation support and advisory in drafting NCLT applications (Sec.7, Sec.9 etc, Interlocutory applications, Public notices, Demand Notices)
- Tax Advisory and opinions on the legal structure of proposed resolution.
- Assistance in related compliance as well as certification
- Drafting and vetting the petition and appearance before the NCLT
IPR Registration Advisory Services
- Trademark availability search
- Assistance in drafting and filing single-class applications
- Assistance in drafting and filing an application in each additional class
- Patent Licensing Agreement
- Representation Services
Advisory on Tender documentation
- Assistance in drafting the tender advertisement and tender documents
- Assistance in drafting tender contracts, negotiation of terms and conditions
Frequently Asked Questions
What does legal compliance mean?
Legal compliance is the process whereby the businesses, customers, vendors and employees follow internal, state, and central laws and regulations. The purpose of an ongoing legal compliance program is to protect the organization, its key people from costly fines and unwanted litigations.
What are the necessary statutory compliance Laws for business in India?
Some specific Laws applicable to most of the businesses in India-
- » Indian Contract Act,1872
- » Negotiable Instrument Act,1881
- » Income Tax Act,1961
- » Goods and Service Tax Act,2017
- » The Employees Provident Fund & Miscellaneous Provisions Act, 1952
- » The Employees’ State Insurance Act, 1948
- » The Payment of Bonus Act, 1965
- » The Payment of Gratuity Act, 1972
- » Shops & Establishments Act
- » State Professional Tax
- » Indian Partnership Act,1932
- » Limited Liability Partnership Act,2008
- » Companies Act,2013
- » Foreign Exchange Management Act,1999
What is risk management definition?
In the world of finance, risk management refers to the practice of envisaging potential risks in advance, analyzing them and taking precautionary steps to reduce/curb the risk.
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