Compliance involves two distinct activities — carrying out routine filings and statutory requirements on an ongoing basis, and understanding the regulatory implications of decisions before they are taken. The advisory function addresses the second of these.
When a company is considering a significant transaction, a change in its structure, a new regulatory requirement, or a governance-related decision, having clarity on the legal and compliance implications beforehand helps avoid complications that can be difficult to resolve afterwards.
We provide corporate law advisory to boards and management teams on matters arising under the Companies Act, 2013, SEBI regulations, and related laws.
This service is relevant for: Boards and promoters navigating decisions with corporate law implications, companies entering new regulated sectors, management teams seeking guidance on specific provisions of the Companies Act or SEBI regulations, and companies that want governance policies and frameworks developed for their organisation.
Scope of Services
Companies Act Advisory We provide guidance on specific provisions of the Companies Act, 2013 as they apply to your company’s situation — including matters relating to board composition, director obligations, related-party transactions, share capital, charges, and corporate restructuring. Where a company is considering a particular action, we advise on the applicable legal requirements and procedure.
Board Governance Advisory We advise on the structure and conduct of board processes — board and committee composition, meeting procedures, documentation requirements, and directors’ duties and obligations under the Companies Act. This includes guidance on matters such as interested director voting, board approvals required for specific transactions, and the procedural requirements for different types of resolutions.
Governance Policy Development We assist companies in developing governance policies appropriate to their scale and structure. These include codes of conduct, related-party transaction policies, insider trading codes (where applicable), whistleblower policies, and board and committee charters. These documents define how the company’s governance processes work in practice.
Regulatory Change Advisory Corporate laws and regulations are amended periodically. We monitor changes to the Companies Act, MCA rules, SEBI regulations, and other applicable laws, and advise clients of changes that are relevant to their company and what action, if any, is required in response.
Risk and Compliance Review We review a company’s corporate structure, shareholding, and governance arrangements to identify areas where there may be compliance gaps or regulatory risk, and advise on practical steps to address them.
How This Differs from Secretarial Audit
Secretarial Audit is a retrospective, independent verification of what has been done during a financial year. Corporate Law Advisory is prospective — it is about understanding the requirements before a decision is made or an action is taken. Both have a role in a well-governed company.
Contact Us
We are happy to discuss your corporate law or governance advisory requirements. Get in touch with us →
