Legal Due Diligence is one of the major tools in modern world which enables any company to make better decisions regarding any new investment or venture. The scope of due diligence in India extends to a review of:
- The corporate records and filings maintained or made with the registrar of companies in compliance with the provisions of the Companies Act;
- Foreign exchange filings (if applicable) made with the RBI to ensure that any prior investment was in compliance with the applicable laws;
- Material contracts with customers, suppliers, lenders, etc. or in relation to real property, to understand the key terms, and any restrictions, requirements of consent, intimation or otherwise that are relevant for the proposed transaction;
- Licences, registrations and permits obtained for the conduct of operations to ensure their validity and sufficiency, and to evaluate their compliance with the requirements under the applicable laws;
- Pending or threatened litigations involving the company, including proceedings or investigations by regulators;
- Labour and employment-related documents, including agreements with employees, and policies adopted to evaluate compliance with the requirements under the applicable labour laws;
- IP, to ensure that the IP critical to the business is duly registered;
- Related-party transactions, which form a key aspect of the legal, financial and tax due diligence process in India; and
- Ancillary documents, including those pertaining to information technology, and insurance policies obtained in connection with the business, etc.
Our Firm has a track record to boast about the opinions furnished which has always been in benefit of the clients. With the diverse knowledge of our teams, the firm has made it viable for us to provide a well-informed advise to our clients. We also assist our clients in matters relating to corporate governance, legal and regulatory compliances and business ethics. We also assist our clientele in compliance audits and reviews of all laws applicable to the legal entity in pursuing its business activities, initially to enable them to assess the level of the compliances and later to provide assistance in implementing or improving areas of concern.
