Legal and Regulatory

 

BUSINESS ADVISORY Legal And Regulatory

The ever-evolving regulatory requirements for corporates and financial institutions, coupled with uncertain business conditions, has led to increased pressure on the senior management.

Lochan & Co assists its client and associated firms to identify and address legal and regulatory compliance requirements and implement a compliance management process for effective oversight.

Our team of professionals is well versed to provide complete solutions to emerging issues, which gives an accurate and correct view to the outside world.

Legal & Regulatory Compliance services include–

  • Companies Act
  • FEMA, RBI & Foreign Collaboration
  • Labor Laws
  • FCRA

 Companies Act, 2013

Frequent changes in the global scenario is making corporates to change and restructure themselves, which may help them survive and grow. Lochan & Co is committed to fulfilling the required corporate necessities with its competent professional strength.

We provide guidance related to incorporation, establishment, merger, amalgamation and acquisition to end settlement of an organization.

Our services include–

  • Formation of a company in India i.e. private limited company, public limited company, subsidiary company, company u/s 25, joint venture company, holding company and foreign company;
  • Advisory and consultancy related to Companies Act;
  • Companies Act compliances including maintenance of minute books, statutory records, and documentation.

How we can help:

  • We have appropriate understanding and skills in the Companies Act;
  • Our professionals possess extensive knowledge and practical experience in Company Law management;
  • We deliver services with high attention and timely compliance.
  • Our services include–
    • Formation of a company in India i.e. private limited company, public limited company, subsidiary company, company u/s 25, joint venture company, holding company and foreign company;
    • Advisory and consultancy related to Companies Act;
    • Companies Act compliances including maintenance of minute books, statutory records, and documentation.

    How we can help:
    • We have appropriate understanding and skills in the Companies Act;
    • Our professionals possess extensive knowledge and practical experience in Company Law management;
    • We deliver services with high attention and timely compliance.

 FEMA, RBI & Foreign Collaboration

Investment and business ventures in India are primarily governed by the Foreign Exchange Management Act (FEMA), along with the Reserve Bank of India (RBI). Together with long admired value professionalism, we have extensive skills and expertise to serve technology, non-tech, and export-oriented companies for FEMA and RBI related matters

Our services include

  • Opening and maintenance of liaison office
  • Preparation and Filing of documents with RBI
  • Overseas direct investment & consultancy
  • External Commercial Borrowing related matters & consultancy
  • NRI & PIO related matters & consultancy
  • Reserve Bank of India approvals
  • Foreign collaboration agreement

How we can help?

  • We have professional and technical disciplines to tackle complex assignments;
  • Our services are structured to help clients successfully navigate in the rapidly changing landscape of opportunities in India;
  • Our suite of FEMA, RBI & foreign collaboration services is focused on delivering tangible and measurable value.
  • • Opening and maintenance of liaison office
    • Preparation and Filing of documents with RBI
    • Overseas direct investment & consultancy
    • External Commercial Borrowing related matters & consultancy
    • NRI & PIO related matters & consultancy
    • Reserve Bank of India approvals
    • Foreign collaboration agreement

    How we can help?
    • We have professional and technical disciplines to tackle complex assignments;
    • Our services are structured to help clients successfully navigate in the rapidly changing landscape of opportunities in India;
    • Our suite of FEMA, RBI & foreign collaboration services is focused on delivering tangible and measurable value.

Labour Laws
 Labor Law covers the relationship between groups of employees, organized as unions, and employers. Union representation allows employees to bargain with employers for rights and benefits collectively.

Moreover, labor laws give employees the right to unionize and to involve in activities such as picketing and striking, however, it also enables employers to defend themselves by seeking injunctions or creating a lockout.

Following are the key labor laws in India–

  • The Factories Act, 1948
  • Industrial Disputes Act, 1947
  • Workmen’s Compensation Act, 1923
  • Minimum Wages Act, 1948
  • Payment of Bonus Act, 1965
  • Employees’ Provident Fund and Miscellaneous Provisions Act
  • Employees’ State Insurance Scheme
  • The Payment of Gratuity Act, 1972

Our services include–

  • Registration under various Labor Laws
  • Advice Preparation and Filing of Returns

How we can help?

  • Special team handling matters related to labor laws makes us more efficient than others;
  • We have the capacity to manage all the compliance of mid-sized and/ or large sized service providers necessary under the labor laws;
  • Our specialists manage employment standards, that includes common holidays, annual vacations, working hours, unjust dismissals, minimum wage, and layoff procedures.
  • Following are the key labor laws in India–
    • The Factories Act, 1948
    • Industrial Disputes Act, 1947
    • Workmen’s Compensation Act, 1923
    • Minimum Wages Act, 1948
    • Payment of Bonus Act, 1965
    • Employees’ Provident Fund and Miscellaneous Provisions Act
    • Employees’ State Insurance Scheme
    • The Payment of Gratuity Act, 1972
    Our services include–
    • Registration under various Labor Laws
    • Advice Preparation and Filing of Returns
    How we can help?
    • Special team handling matters related to labor laws makes us more efficient than others;
    • We have the capacity to manage all the compliance of mid-sized and/ or large sized service providers necessary under the labor laws;
    • Our specialists manage employment standards, that includes common holidays, annual vacations, working hours, unjust dismissals, minimum wage, and layoff procedures.

Foreign Contribution Regulation Act, 2010 (FCRA)
 FCRA regards to “Foreign Contributions” received from “Foreign Sources”.  The FCRA was passed with the main purpose of regulating the inflow of foreign contributions and confirming that the received foreign contributions are not utilized for purposes other than those defined under the legislation.

Every charitable organization in India receiving foreign contributions come under the purview of this Act.

Our services include:

  • Filing of annual returns
  • Meeting all the compliance requirements

How we can help?

  • We help you submit your annual returns timely to the central government;
  • Our professionals will help you list down all the details of the contributions received, source and way it was received, the purpose for which it was received and the manner of usage of the contributions;
  • We will help you review and follow the FCRA norms and compliance requirements in detail to ensure that they do not go into the conflict.
  • Our services include:
    • Filing of annual returns
    • Meeting all the compliance requirements
    How we can help?
    • We help you submit your annual returns timely to the central government;
    • Our professionals will help you list down all the details of the contributions received, source and way it was received, the purpose for which it was received and the manner of usage of the contributions;
    • We will help you review and follow the FCRA norms and compliance requirements in detail to ensure that they do not go into the conflict.