Corporate Compliance

Corporate Governance & Advisory

Strategic advisory and governance support for businesses navigating restructuring, M&A transactions, FEMA compliance, shareholder matters, and commercial contracts — delivered with the precision your business decisions demand.

Applies to: apartment Companies Undergoing Restructuring handshake M&A and Investment Transactions public Businesses with Foreign Investment / FDI shield Boards Seeking Governance & Risk Reviews
What We Do

Complete Corporate Governance & Advisory Coverage

From strategic restructuring and M&A due diligence to FEMA filings, shareholder agreements, compliance health checks, and commercial contract vetting — every dimension of corporate governance, handled.

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Restructuring

Corporate Restructuring & Strategic Advisory

Business restructuring — whether a merger, demerger, slump sale, business transfer, or internal reorganisation — has significant legal, tax, and regulatory implications that must be sequenced carefully. A poorly structured reorganisation can trigger unexpected capital gains, stamp duty, GST, or FEMA obligations. We provide end-to-end strategic advisory: identifying the optimal restructuring route, modelling the tax impact, drafting transaction documents, and managing regulatory filings with the ROC, Income Tax authorities, and RBI where applicable.

merge Mergers & Demergers NCLT scheme, tax neutrality & stamp duty planning
sell Slump Sale Going concern transfer; Section 50B computation
swap_horiz Internal Reorganisation Holding structure, inter-se transfers, group rationalisation
calculate Tax Impact Modelling Capital gains, GST, stamp duty & MAT analysis
Advisory precedes execution — we model before you sign arrow_forward
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Due Diligence

Legal Due Diligence for Mergers, Acquisitions & Investments

Before any merger, acquisition, or significant investment, a thorough due diligence review protects the buyer or investor from inheriting hidden liabilities, regulatory non-compliances, title defects, or undisclosed claims. Our due diligence process covers corporate, statutory, tax, contractual, and FEMA dimensions — producing a structured report that identifies red flags, quantifies risks, and recommends representations and warranties or price adjustments to be built into the transaction documents.

apartment Corporate DD
  • MCA filings & ROC status check
  • Share capital & shareholder structure
  • Pending litigation & charges review
receipt_long Tax & Financial DD
  • ITR, GST & TDS compliance history
  • Contingent liabilities & demands
  • Related party transactions review
public FEMA & Regulatory DD
  • FCGPR, FCTRS & RBI filings
  • Pricing guidelines & sector caps
  • Regulatory licence validity checks
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Shareholder Matters

Shareholder Agreements & Compliance

A Shareholders' Agreement (SHA) is the foundational governance document that defines how a company is controlled and what happens when shareholders disagree, exit, or bring in new investors. Without a robust SHA, disputes over board composition, dividend policy, transfer restrictions, anti-dilution protections, and exit mechanisms can paralyse a business. We draft, review, and negotiate SHAs — including Investor Rights Agreements and Subscription Agreements — tailored to the company's stage, sector, and investor expectations. We also ensure downstream compliance with the Companies Act and FEMA wherever the SHA creates obligations.

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SHA Drafting & Negotiation
Tag-along, drag-along, ROFR, anti-dilution, veto rights & exit clauses
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Investor Rights & Subscription Agreements
Seed, angel, Series A/B rounds — investor protections & conditions precedent
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Compliance Post-SHA
Board seat notifications, share transfer approvals, FEMA intimations & ROC filings triggered by SHA events
Covers founders, angel investors, PE/VC, and strategic investor arrangements arrow_forward
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FEMA & RBI

FEMA Compliance for Foreign Investment, FDI Reporting & RBI Filings

Any Indian company receiving foreign investment — whether through FDI under the automatic route or government route — must comply with FEMA, 1999 and the rules issued by the RBI. This includes filing Form FCGPR within 30 days of share allotment, reporting downstream investments, maintaining Overseas Direct Investment (ODI) records, and ensuring that pricing, sector caps, and conditionality requirements are met. Non-compliance with FEMA attracts compounding penalties and can create serious obstacles to future fundraising or exit. We manage the full FEMA filing and compliance lifecycle.

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Form FCGPR
Foreign currency share allotment reporting — filed within 30 days with RBI via AD Bank
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Form FCTRS
Transfer of shares between resident and non-resident — secondary sale reporting
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FLA Return
Annual Foreign Liabilities & Assets return — filed by 15 July each year with RBI
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Sector Cap & Pricing Advisory
Automatic vs. government route, sectoral limits & FEMA pricing guidelines compliance
Covers FDI inflow, ODI outflow, ECB, and compounding applications arrow_forward
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Compliance Health

Compliance Health Checks & Risk Analysis

Most businesses only discover compliance gaps when a transaction is underway — during due diligence — or worse, when a show-cause notice arrives. A proactive Compliance Health Check identifies statutory, regulatory, and governance gaps before they become deal-breakers or liabilities. We conduct structured health checks across MCA filings, income tax, GST, labour law, FEMA, and sector-specific regulations — producing a prioritised risk register with remediation steps so your leadership team can act before being forced to. Ideal as a pre-fundraising, pre-transaction, or annual board-level exercise.

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Corporate & MCA Review
ROC filing gaps, register deficiencies, DIN status, and board compliance
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Tax & GST Compliance Audit
ITR, TDS, GST returns, and pending demands — reconciled and risk-rated
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FEMA & RBI Obligations
Unfiiled FCGPR, FLA, or ODI returns — identified and compounding risk assessed
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Sector & Licence Compliance
Industry-specific regulatory requirements — validity, renewals & breach exposure
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Risk-Rated Compliance Report
Delivered as a structured report with High / Medium / Low risk items, financial exposure estimates, and a 30-60-90 day remediation roadmap for the board
Ideal before fundraising, M&A, or as an annual board-level governance exercise arrow_forward
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Contracts

Drafting & Vetting of Commercial Contracts

Commercial contracts are the foundation of every business relationship — and a poorly drafted clause can result in disputes, loss of revenue, unintended indemnity exposure, or unenforceable obligations. We draft and vet a wide range of commercial agreements from a combined legal and financial perspective, ensuring that payment terms, liability caps, IP ownership, termination triggers, and dispute resolution mechanisms are commercially sound and legally enforceable under Indian law. We also review contracts presented by counterparties — identifying one-sided clauses, hidden obligations, and risks before you sign.

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Vendor & Supplier Agreements
Payment terms, SLAs, IP rights, confidentiality & termination clauses
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Joint Venture & MOU Agreements
Profit-sharing, governance, exit rights & dispute resolution mechanisms
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Employment & Consultant Agreements
Non-compete, non-solicitation, ESOP, IP assignment & notice periods
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Lease & Licensing Agreements
Commercial leases, technology licences & franchise agreements
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Counterparty Contract Review & Red-Flagging
Review of contracts received from counterparties — identifying one-sided clauses, unlimited liability exposure, adverse IP assignments, and unacceptable termination rights before execution
Every contract reviewed from both a legal and commercial/financial perspective arrow_forward
Quick Reference

Key FEMA & RBI Filing Obligations

Every foreign investment transaction triggers specific RBI reporting obligations within tight timelines. Missing them attracts compounding penalties under FEMA.

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FDI Inflows — Reporting

Form FCGPR (Allotment) 30 days of allotment
Advance Reporting Within 30 days of receipt
FC-GPR (Convertibles) On conversion
Valuation Certificate CA/SEBI registered valuer
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Secondary Transfers & Annual Returns

Form FCTRS (Share transfer) 60 days of transfer
FLA Return (Annual) 15 July every year
ECB Reporting (Form ECB) Within 30 days
Form ECB-2 (Monthly) 7th of following month
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Overseas Investment & Compounding

Form ODI (Outbound) Before remittance
Annual Performance Report 31 December
Compounding Application Self-disclosure to RBI
Downstream Investment Notification to DPIIT & RBI
Our Approach

How We Deliver Corporate Governance Advisory

A structured four-step approach — from understanding your business context and identifying risks, to delivering actionable advice, executing transactions, and maintaining ongoing compliance.

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1

Business Context & Risk Discovery

We begin with a detailed briefing on your business structure, ownership, pending transactions, and governance concerns — identifying the specific legal, tax, and regulatory risks that need to be addressed.

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2

Analysis & Structuring

We analyse the transaction or governance issue across all relevant legal and financial dimensions — modelling alternatives, evaluating tax impact, and identifying the most efficient, compliant structure.

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3

Documentation & Execution

We draft transaction documents, board resolutions, shareholder agreements, or due diligence reports — and manage all downstream filings with the ROC, RBI, and income tax authorities.

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4

Ongoing Governance Support

Post-transaction, we remain engaged — monitoring compliance obligations created by the transaction, flagging regulatory changes, and conducting periodic health checks to keep governance robust.

Track Record

Trusted by Businesses for High-Stakes Corporate Advisory

From family businesses undertaking succession restructuring to startups completing their first funding round and mid-size companies navigating M&A — our corporate governance and advisory practice is built on transactional precision, regulatory depth, and commercial judgment.

100+
M&A, restructuring & investment transactions advised
50+
FEMA / RBI filings completed with zero compounding penalties
200+
Commercial contracts drafted and reviewed
15+
Years of corporate governance & transactional advisory
Our Advantage

Why Businesses Trust Us with Corporate Governance

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Law Meets Finance

We approach every governance and transactional matter from both a legal and financial perspective — ensuring advice is not just technically correct, but commercially sound and tax-efficient.

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Proactive Risk Detection

We identify compliance risks before they surface in due diligence or regulatory inquiry — giving you time to remediate rather than react, and protecting transaction value.

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FEMA & Cross-Border Depth

Our FEMA and RBI advisory practice covers the full spectrum — FDI inflows, ODI outflows, ECB, share transfers, and compounding applications — with zero tolerance for filing gaps.

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Senior-Led Advisory

Every engagement is led by a senior advisor — not delegated to junior staff. Your governance matters receive the judgement and attention they deserve at every stage.

Your Corporate Governance, Managed with Precision.

Whether you need a strategic restructuring plan, a compliance health check before a funding round, FEMA filings for a foreign investor, a due diligence review, a shareholder agreement, or a commercial contract vetted — we are ready.

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Office Address

4th Floor, Solitaire 1, New Link Rd, Malad West, Mumbai 400064.

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Direct Line

+91-8169820387 | 022-46022657