Services

Corporate Laws

We offer a wide range of services and assistance in regulatory compliance matters under the Companies Act, 2013 and its rules. The key services in this division include:

  • Regulatory Compliances wrt fund raising, increase in share capital, non-convertible securities including debentures.
  • Assistance services in procuring regulatory approvals, advice on various compliance matters.
  • Regulatory filings at the MCA portal including annual returns and conversion of financial data into XBRL.
  • Applications and approvals of Central Government, National Company Law Tribunal (NCLT), Regional Director, Registrar of Companies
  •      including representations to such authorities.
  • Assisting in preparation of annual reports of the companies.
  • Acting as a Scrutinizer for shareholders resolutions passed in general meetings including postal ballots and issuing scrutinizer report.
  • Assistance in conducting board meetings, annual general meetings and other general meetings.
  • Record maintenance under the provisions of Companies Act and rules made thereunder.
  • Compounding matters under various provisions of Companies Act, 2013.
  • Compliances to Limited Liability Partnership Act.
  • Formulating POSH policy and implementing POSH compliances in the organization.

Secretarial Audit

Audit is a large part of the firm’s practice and is the core service offering. The firm provides secretarial audit services to companies across corporates in sectors such as financial services, infrastructure, insurance, mutual funds, consumer products, broking, technology including leading financial institutions, banks, NBFCs, and government entities. The key services in this division include:

  • Secretarial Audit mandated under Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
  • Corporate Governance audit under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
  •      2015.
  • Internal control audits to mitigate risks.
  • Due diligences.
  • Recommendations of best practices to mitigate gaps.

Setting up Business in India / Startup advisory

We facilitate setting up and doing business in India including structuring of the organization as a preparatory step and assisting in business registration process to incorporate business entities such as companies, section 8 companies, limited liability partnerships, liaison offices, branch offices, project offices and other types of business entities through which businesses is conducted in India.

SEBI Regulations

In today’s changing regulatory environment, decoding the amendments and change in regulations is now a continuing necessity for organizations and businesses to understand compliance matters and governance issues. Our firm assists the clients by providing wide range of services in this matter including:

  • SEBI mandated certifications under Listing Regulations and other SEBI laws.
  • Policies and codes – Policy design, gap analysis of existing policies.
  • Advisory in corporate governance practices.
  • Compliance mapping and designing process to meet SEBI regulations primarily SEBI Listing Regulations.
  • Assistance in execution of transactions.
  • Pre/Post Issue compliance advisory services.
  • Assisting companies with the processes of issuance of equity shares, including initial public offerings, preferential issues, private placements,
  •      qualified institutional placements, non-convertible debentures and other securities.
  • Review of Administration of ESOP Schemes.
  • Advise on matters relating to reporting and compliance requirements under ESOP governing regulations.
  • Assistance in preparation of ESG/BRSR reporting.

Prohibition of Insider Trading:

In 2015, SEBI introduced the Securities and Exchange (Prohibition of Insider Trading) Regulations, 2015 by repealing the SEBI (Prohibition of Insider Trading) Regulations 1992. The Regulations lay down the definitions of ‘Connected persons’, ‘Insiders’; Chinese wall; restrictions on communication and trading by insiders; disclosures of trading by them; concept of trading plans and the systemic provisions which need to be laid down and followed by a listed company, proposed to be a listed company as well as intermediaries. The key services we offer in this division include:

  • Review of Internal controls with respect to UPSI and trading.
  • Classification, Maintenance and Updation of Structural Digital Database.
  • Disclosures related controls.
  • Review of policies and procedures and implementation of share dealing code.

Corporate Restructuring / Mergers & Acquisitions (M & As)

Mergers & acquisitions and restructuring are inherent and predominant activities in the corporate industry and businesses for its growth and expansion. We advise and assist companies in such restructuring activities throughout their lifecycle. The key services we offer in this division include:

  • Advice on mergers and acquisitions, demergers and joint ventures, divestments, capital reduction across a wide range of industry sectors.
  • Share valuation including assessment of swap ratio.
  • Assistance in obtaining regulatory approvals and liaising with the regulators.
  • Implementing the scheme of arrangement under mergers and other restructuring activities.
  • Post-merger assistance including filing of requisite forms with regulatory authorities.
  • Liquidation of companies, LLPs, branch/liaison office.

Corporate Social Responsibility (CSR)

The Companies Act, 2013 mandates the companies meeting a certain minimum threshold in terms of turnover/net worth/net profit to undertake CSR activities as per Schedule VII of the Act. The key services we offer in this division include:  

  • Prepare and implement a comprehensive CSR policy.
  • Assistance in implementing corporate social responsibility (CSR) programmes, either on their own, through a dedicated non-profit arm or
  •      through NGO partners.
  • Review of accuracy and correctness of reporting to CSR committee.
  • Assistance to NGOs/NPOs on obtaining Registration Certificate, 80G, Filing Forms CSR 1, and CSR 2.
  • Preparation of Annual CSR Reports.
  • Monitoring effective implementation and measuring the progress of CSR activities and projects.
  • Review adequacy of monitoring framework implemented by company.

RBI Regulations / FEMA

Foreign Direct Investments (FDI) in India is regulated under Foreign Exchange Management Act 1999 (FEMA) and governed by Reserve Bank of India. With a rise in inbound and outbound flow of funds, the FEMA compliances in this context have also increased. We advise on matters relating to foreign investment and remittances, various routes for investments made under FEMA, External Commercial Borrowing, Foreign Currency Convertible Bonds, Domestic Debt Issues and secondary issues, across a wide range of industry sectors and the key services in this division include:

  • Assisting in the process of allotment of shares to non-residents including filing Form FC-GPR.
  • Transfer of shares from Indian resident to non-residents including filing Form FC-TRS.
  • Filing of Annual Return on Foreign Liabilities and Assets (FLA Return).
  • Assistance in raising External Commercial Borrowings.
  • Filing of Annual Performance Report wrt Overseas Direct Investment.
  • Application for obtaining Legal Entity Identifier (LEI) code.
  • Compounding matters wrt FEMA regulations.

Compliance Management

With the ever-changing regulatory environment and the increase in disclosure requirements under Company Law and SEBI Regulations including filings and intimations, the need arises to devise an effective system and strengthen the compliance framework to ensure adherence with the provisions of applicable laws. We assist the clients in the following ways –

  • Designing compliance manual for periodical and transactional activities.
  • Regulatory updates wrt amendments, circulars, notifications issued by SEBI, Stock Exchanges, MCA, RBI.
  • Policy drafting and process documentation including SOP.
  • Implementing automated compliance processes and tools.

Taxation

We are engaged in several direct and indirect taxation matters and the key services in this division include:

  • Filing Income Tax Return of various entities including Individual (Resident & Non – Resident), Firm, LLP, Domestic Companies, Foreign
  •       Companies and Trusts.
  • Taxation services to Trusts and Section 8 entities including obtaining Registration under 12A/10(23C)/12AA & 80G and filing Income Tax
  •       Returns.
  • Filing of various Forms over the Income Tax Portal including filing of TDS Returns, obtaining lower deduction Certificates.
  • Issuance of certificates under various laws to facilitate clients in their administrative process.
  • Tax Consultancy in the matters of transfer pricing, M&As, Direct Tax & International Tax.

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by Bhandari & Associates and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Every effort is made to keep the website up and running smoothly. However, Bhandari & Associates takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Accept Decline

Scroll to Top