Company Law Advisory and Compliance
We, at Marcs Accountants are inherently experienced in traversing clientele through the complex interplay of corporate laws read in conjunction with other economic laws. Our advisory team comes with rich experience in analysis, structuring and advising clientele on corporate and allied laws. Our clientele benefit from the multidimensional knowledge of our team and value our in-depth expertise, availability, and our active involvement throughout the engagement.
Our company law advisory includes both domestic companies as well as foreign companies looking to establish presence in India. We also assist foreign Directors in conducting due diligence and a periodic update on the compliances by their companies.
Know More About Corporate Law Advisory And Compliance Services
Corporate law is the branch of law containing various laws, rules, regulations and practices governing the formation, operation, compliance and liquidation of corporate entities. It is essentially the body of law which regulates the business and conduct of corporate legal entities. In India, a Company and a Limited Liability Partnership have a corporate entity status and the business thereof is regulated by Company laws.
The Company Law in India is under the purview of the Ministry of Corporate Affairs and has delegated the powers to Regional Directorates (“RD’) and Registrar of Companies (“RoC’). The Regional Directorates and Registrar of Companies together act as the statutory and administrative executors of corporate law in India.
In the recent past, the Indian corporate law arena has undergone several reforms in line with the global best practices. The enactment of Companies Act, 2013 laid the foundation for increased transparency, objectivity, governance and regulation of corporate entities along with facilitating the ease of doing business in India. The Regulators have stepped up scrutiny and regulation of the corporate sector in order to weed out functionally inactive companies and companies not undertaking periodical compliances.
Coupled with the economic reforms in India, the Regulators had resorted to taking extreme measures including striking off non-compliant companies and disqualification of its Directors. Penalty and consequences for non-compliance have been made stringent.