Expertise
"Empowering your legal assets for seamless protection and growth."
Broad Legal Assets is a reputable legal firm specializing in real estate services. With a team of experienced attorneys and legal experts, the firm offers comprehensive assistance in various aspects of real estate law. Their services encompass a wide range of transactions and disputes related to property, including but not limited to:
Property Transactions: Broad Legal Assets assists clients in buying, selling, leasing, and renting residential, commercial, and industrial properties. They provide legal guidance throughout the entire transaction process, ensuring compliance with relevant laws and regulations.
Contract Drafting and Review: The firm drafts and reviews contracts related to real estate transactions, such as purchase agreements, lease agreements, and property management contracts. They ensure that all terms and conditions are clearly defined and protect their clients' interests.
Title Examination and Due Diligence: Broad Legal Assets conducts thorough title examinations and due diligence investigations to identify any potential issues or liabilities associated with a property. This helps clients make informed decisions and mitigate risks before finalizing transactions.
Land Use and Zoning: The firm assists clients in navigating complex land use and zoning regulations to obtain necessary permits and approvals for development projects. They provide strategic advice on zoning laws, land development regulations, and environmental compliance.
Real Estate Litigation: In cases of disputes or conflicts related to real estate matters, Broad Legal Assets represents clients in litigation proceedings. Whether it involves breach of contract, property damage, landlord-tenant disputes, or boundary disputes, the firm advocates for their clients' interests in court.
Property Tax Appeals: The firm helps property owners challenge unfair property tax assessments and seek reductions in property tax liabilities through the appeals process.
Overall, Broad Legal Assets is known for its expertise, professionalism, and commitment to delivering personalized legal solutions tailored to the unique needs of each client in the dynamic and complex field of real estate law.
KEY HIGHLIGHTS
- We collaborate with prominent organizations that are actively involved in the real estate industry, leveraging our extensive expertise in the field of real estate law
- Providing guidance on adhering to both central and state regulations pertinent to real estate project development, including the Real Estate (Regulation and Development) Act, 2016, and the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963.
- Collaborating with real estate consultancies from project inception, providing support in preparing comprehensive documentation such as information memoranda and various agreements. Additionally, advising on legal, technical, and regulatory matters concerning the sale and purchase of properties.
- Offering guidance on stamp duty and registration-related matters
Providing counsel and support to companies in acquiring land for the establishment of townships and conducting layout development, adhering to various policies of both central and state governments. These policies encompass a range of initiatives including the Special Township Policy, Tourism Policy, Information Technology and Information Technology Enabled Services (IT and ITES) Policy, as well as policies related to Integrated Industrial Townships.
As a seasoned provider of company secretarial services, Broad Legal Assets offers comprehensive compliance and advisory support in company law matters, Securities and Exchange Board of India (SEBI) regulations, and various other corporate legal domains. Our expertise extends to assisting businesses in establishing their presence in India. At Broad Legal Assets, our dedicated team of company secretaries delivers tailored solutions to address the diverse needs of our clients. Our professionals possess extensive experience and training, coupled with a business-centric approach, enabling us to provide seamless advisory and compliance services across all aspects of company secretarial matters. We offer a wide range of corporate secretarial services designed to safeguard the interests of businesses at every stage of their journey. From assisting with regulatory compliance to facilitating business setup under India's foreign direct investment policy, we provide holistic support to both domestic and international clients. Broad Legal Assets is recognized for its proficiency in company secretarial practice and company law, serving a diverse clientele ranging from small enterprises to large corporations. Our consultancy services encompass not only offering insights but also managing unfamiliar procedures, obligations, and administrative details, thereby facilitating smooth business operations and setup in India
At Broad Legal Assets, we offer a comprehensive range of services tailored to meet your business needs:
- Business Setup Services: We provide expert guidance and assistance for setting up various types of entities, including Limited Companies, Limited Liability Partnerships (LLPs), Partnership Firms, Non-Banking Financial Companies (NBFCs), Foreign Subsidiaries, Branch Offices, and Liaison Offices.
- Regulatory Compliance and Approvals: Our services cover meticulous maintenance of Minutes, Statutory Registers, and preparation of Notices and Agenda. We handle filing necessary Forms and represent clients before regulatory bodies such as the National Company Law Tribunal (NCLT), Registrar of Companies (ROC), and Regional Director (RD). Additionally, we offer ongoing compliance and approval support to ensure adherence to regulatory requirements.
- Company Law Advisory Services: We provide comprehensive advisory services in Company Law, Securities and Exchange Board of India (SEBI) regulations, Foreign Exchange Management Act (FEMA), and Reserve Bank of India (RBI) guidelines. Our expertise includes advising and implementing conversions, such as Partnership Firms to LLPs/Limited Companies or vice versa. We also offer guidance on capital structuring and restructuring initiatives, including Capital Reduction and Buy Back of Shares.
Secretarial Transaction Support Services: Our Secretarial Transaction Support Services involve conducting Due Diligence for both Acquirers and Targets. We offer thorough analysis and support throughout the transaction process to ensure compliance and mitigate risks effectively.
Broad Legal Assets (BLA), recognized as one of India's prominent banking and finance law firms, specializes in providing comprehensive legal advice and services pertaining to finance, securities, and banking law. Our team of experienced finance and banking lawyers in India is well-versed in various aspects of financial transactions and regulations. We offer a wide range of services, including advice on lending, investment, financing, and regulatory compliance.
Our clientele spans top public and private sector banks, domestic and offshore financial institutions, international banks, multilateral financial institutions, NBFCs, debt and private equity funds, and other intermediaries. BLA's key strengths lie in proficient deal management, a thorough understanding of commercial matters, exceptional drafting skills, and the capability to handle intricate structuring issues and complex negotiations under tight deadlines.
With extensive experience and in-depth industry knowledge, our top banking and finance lawyers in India possess a diverse set of skills that enable us to represent our clients before regulatory bodies and in formal legal proceedings, addressing a wide range of complex issues across various areas.
Additionally, our banking law experts at BLA provide legal advice on banking and financial regulations, anti-money laundering laws, and regulatory compliance. We also advise clients on legal issues related to asset management, securities, and capital markets. Leveraging this proficiency along with our robust banking and finance capabilities and sector-specific knowledge, we offer inventive, original, and compliant financing solutions.
KEY HIGHLIGHTS
- Lenders' Legal Counsel for Leading Bank: Engaged as legal counsel for a prominent bank in India, negotiating transaction terms and drafting loan and security documents as collateral for the Standby Letter of Credit (SBLC).
- Assistance with Lease Rental Discounting (LRD): Our team of banking law experts in India provided assistance with the terms of sanction letters and drafted loan and security documents for Lease Rental Discounting (LRD).
- Trade Finance Advisory: Advised clients on various trade finance arrangements, including borrowing base facilities, export credit agency financing, pre-export financing, prepayment facilities, and receivables and supply chain finance.
Multiple Banking Arrangement Expertise: Provided counsel and executed Multiple Banking Arrangements involving several banks, facilitating the accession of a lender to a loan for Working Capital Facilities availed by a company.
Foreign Direct Investment (FDI) serves as a crucial catalyst for India's economic growth, providing a substantial non-debt financial resource for the nation's development. When foreign investors, firms, or governments acquire stakes in Indian companies or projects, they contribute to India's FDI. These entities often assess opportunities in open economies with skilled workforces and promising growth prospects. Foreign companies invest in India to leverage advantages such as tax incentives and competitive labor costs compared to other nations.
Driven by a supportive regulatory framework, a dynamic business environment, global competitiveness, and India's growing economic influence, FDI in India continues to rise. Broad Legal Assets (BLA), recognized as one of India's premier law firms, excels in managing foreign investments. Our team of leading FDI consultants offers strategic advice on India Entry Strategy, FDI Structuring, FEMA/RBI Compliance, Greenfield and Brownfield Investments, JVs, and mergers and acquisitions.
BLA's FDI consultants possess expertise in structuring FDI investments in India, facilitating investors, firms, businesses, and venture capital funds to enter India in a cost-effective and legally compliant manner. While only a few sectors require prior government approvals for investment in India, most industries operate under an automatic route. However, navigating the process of FDI in India, whether requiring approvals or not, can be complex. BLA assists clients in devising entry plans and streamlining their FDI experiences in India, ensuring a smooth and simplified process.
Key Highlights
- Broad Legal Assets (BLA) boasts a professional team of attorneys equipped with specialized skills to ensure flawless regulatory compliance at every stage of Foreign Direct Investment (FDI) in India or business establishment.
- Collaborated closely with regulatory bodies such as the Securities Exchange Board of India (SEBI), Reserve Bank of India (RBI), Foreign Investment Facilitation Portal (FIFP), and Competition Commission of India (CCI), drafting applications for regulatory approvals, registrations, and ongoing compliance.
- Managed post-investment regulatory compliances under the automatic route for clients.
- Conducted Compounding proceedings before the Reserve Bank of India (RBI) for violations of the Foreign Exchange Management Act (FEMA).
- Assisted and guided foreign companies in setting up Liaison Offices, Branch Offices, or Project Offices in India.
- Represented numerous overseas investors in their investments in Indian start-ups.
- Advised a foreign entity on setting up as a web aggregator in India.
- Advised a foreign entity on establishing a wholly-owned Indian subsidiary to facilitate trade in India.
- ECB/ NCD under FPI Route compliance
- Applications under Foreign Contribution Regulation Act (FCRA)
- Registration for entity master and single master forms
- Approval from the Foreign Investment Promotions Board (FIPB), Ministry of Finance, and the assistance in the preparation of the Foreign Collaboration Agreements
- Assisting in obtaining approvals and compliance such as FLAIR, FCGPR, FCTRS, LLP-1, LLP-2, etc
Representation before RBI
Broad Legal Assets (BLA) has earned a distinguished reputation as a premier Insolvency law firm in India, adeptly representing clients before various Tribunals in Insolvency proceedings. Our top-notch insolvency professionals in India boast extensive expertise in regulatory compliance, corporate law, commercial transactions, banking and finance, dispute resolution, mergers and acquisitions, insolvency law, and various industry sectors. This breadth of knowledge allows us to develop viable and comprehensive restructuring solutions, positioning us as the foremost Insolvency Law firm in India.
We have successfully handled matters spanning diverse industries including automobile, IT, transportation, manufacturing, and more. By offering timely cautionary advice, BLA has assisted numerous creditors and shareholders in achieving optimal results, solidifying our reputation as a dependable and credible partner to our clients. We serve as a one-stop solution for those seeking the best insolvency law firm in India.
At BLA, our team comprises experienced and knowledgeable insolvency professionals in India who stand ready to address all your legal needs. We provide comprehensive services tailored to insolvency, with strategic alliances with insolvency professionals, chartered accountants, and other experts, ensuring our clients have access to all necessary resources for successful recoveries without the need to seek external assistance.
Key Highlights
- Facilitating the publication of insolvency processes, credit-bidding, out-of-court refinancing, and debt restructuring.
- Assisting members in e-voting processes.
- Overseeing activities during the moratorium period, both in the initial 30 days and beyond.
- Guiding through the finalization procedure, including preparing agendas, minutes, and resolution plans for submission to the National Company Law Tribunal (NCLT).
- Providing support for any other tasks necessary to aid the resolution process.
Representing and presenting arguments before the National Company Law Tribunal (NCLT) or the National Company Law Appellate Tribunal (NCLAT).
A state relies on revenue to manage its finances and administer its government, achieved through levying various taxes on both individuals and corporations. In India, the Central Government and State Governments possess taxing authority, with local governments such as Municipalities also imposing smaller taxes. Taxes fall into two main categories: direct taxes and indirect taxes.
Direct taxes are paid directly to the taxing authority by individuals or organizations, typically the government. On the other hand, indirect taxes are collected from an intermediary, like a retail store, and ultimately borne by the end consumer. Examples include sales tax, excise duty, value-added tax (VAT), and goods and services tax (GST).
At Broad Legal Assets (BLA), our team of tax experts provides comprehensive advice on various tax aspects for companies, covering:
- International taxation
- Corporate taxation
- Transfer pricing
- Expatriate taxation
- Customs
- GST
- Excise duty
- VAT and CST
As an expert Tax Law Firm, we offer services including:
- Transactional structuring
- Compliance management solutions
- Validation of tax computation
- Tax litigation
- Contractual negotiation
Navigating India's intricate income tax and international tax systems can be challenging. Tax laws frequently evolve, and tax departments tend to litigate disputes rigorously. To assist businesses and individuals, BLA adopts a multidisciplinary approach, combining the expertise of lawyers, accountants, economists, and technologists. Our tax team collaborates closely with other practice groups such as M&A, Private Equity and Fund Practice Group, Litigation Practice Group, and Infrastructure and Project Finance Group to ensure a holistic understanding of issues and deliver efficient legal solutions.
Broad Legal Assets (BLA) stands out for its top-tier and highly experienced Intellectual Property (IP) lawyers in India. In today's competitive market, ideas, brands, innovations, and products are valuable IP assets that face threats of infringement. BLA recognizes these challenges, and our seasoned IP lawyers offer a comprehensive range of services to safeguard these intellectual property rights.
BLA adopts a holistic approach, providing a wide array of services covering trademarks, copyrights, patents, and other relevant laws. Our IP lawyers excel in guiding clients through every stage, from conceptualization to enforcement, and from establishing corporate structures related to intellectual property to negotiation strategies. With a focus on identifying intellectual properties and advising on optimal protection strategies, our team is among the best in the field.
Our patent attorneys are proficient in drafting and prosecuting patent applications across various industries. Leveraging our team's deep understanding of business dynamics and our extensive network of technically qualified and highly regarded IP lawyers throughout India, BLA delivers tailored IP solutions that best suit our clients' needs. With a dynamic team offering a wealth of experience, we ensure our clients receive the finest advice, making BLA the preferred choice for IP matters, especially in complex IP transactions and litigations.
KEY HIGHLIGHTS
- Advised and assisted clients in filing domain name disputes under the INDRP (IN Domain Name Dispute Resolution Policy).
- Drafted and filed patent applications on behalf of our clients.
- Engaged in multi-jurisdictional and national patent disputes spanning various sectors, with specialized focus on life sciences, medical devices, and technology.
- Represented clients in diverse courts and tribunals, utilizing a comprehensive array of dispute resolution methods to achieve favorable commercial outcomes.
Our trademark and design specialists have provided extensive support to brand owners, covering all aspects from initial clearance and selection to managing complex international portfolios, and handling enforcements or disputes as they arise.
At Broad Legal Assets, crafting a valuation opinion demands a meticulous blend of analysis, experience, and professional judgment. Our team includes a Registered Valuer, in compliance with section 247 of the Companies Act, 2013, who is also empanelled with the IBBI.
At Broad Legal Assets, we provide a comprehensive range of valuations tailored for business, including:
- Income Tax valuations for compliance under section 50C/56(2) (x)/56(2) (viib) (Rule 11UA, Rule 11UB)
- FEMA valuations (inward remittance, outward remittance, overseas direct investment, share transfers, etc)
- Valuation for open offer under the SEBI SAST Regulations
- Valuation under the SEBI ICDR/LODR Regulations
- Valuations under the Company Law Regulations/ NCLT (Merger/Demerger Valuations)
- Valuation under Insolvency and Bankruptcy Code
- Valuations under the Company Law Regulations/ NCLT (Merger/Demerger Valuations)
Specialized Valuation
- Valuation of shares/Debentures/ Convertible Instruments Valuation (Equity shares, CCPS, OCPS, CCRPS, OCRPS and CCDs, OCDs, etc)
- Valuation of equity shares held by the Minority Share Holders
- Business Valuation for Arbitration and Disputes
- Valuation during Family Settlement
- Valuation for Banks/NBFC lending purpose
Valuation of shares, property, and assets of the Company under a scheme of Corporate Debt Restructuring.
In the wake of liberalization and globalization, there has been a notable surge in both national and international investment activities. The robust economic activity in Indian markets has rendered it a prime destination for investors. However, as transaction volumes escalate, the demand for expert guidance at every stage of the investment process becomes increasingly vital.
At Broad Legal Assets (BLA), we house a highly experienced team adept at servicing both national and international clients. Our comprehensive suite of services includes:
- Filing applications
- Advisory services on investments
- Drafting relevant legal documents
- Dispute resolution
- Meeting any other legal requirements for listed companies
With our team's wealth of experience, we provide tailored support to investors, ensuring informed decision-making and seamless navigation of the investment landscape.
Broad Legal Assets offers a range of services related to debt syndication to help businesses effectively manage their financing needs:
- Debt Structuring: Our team works closely with clients to assess their financial requirements and objectives, then structures appropriate debt solutions tailored to their specific needs. We analyze factors such as cash flow, risk tolerance, and capital structure to design optimal debt structures that align with clients' long-term financial goals.
- Debt Sourcing: We assist clients in identifying suitable sources of debt financing, including banks, financial institutions, private lenders, and capital markets. Our extensive network and relationships within the financial industry enable us to access a wide range of financing options and negotiate favorable terms on behalf of our clients.
- Loan Documentation: Our experienced legal professionals provide comprehensive support in drafting and negotiating loan agreements, term sheets, and other legal documentation required for debt syndication transactions. We ensure that the terms and conditions of the financing arrangements are clearly defined and aligned with our clients' interests and objectives.
- Financial Modeling and Analysis: We utilize sophisticated financial modeling techniques to assess the impact of various debt structures and financing options on our clients' financial performance and cash flow. Our detailed analysis helps clients make informed decisions and optimize their debt financing strategies to achieve their financial objectives.
- Due Diligence: Broad Legal Assets conducts thorough due diligence on behalf of clients to assess the creditworthiness of potential lenders and evaluate the terms and conditions of proposed debt financing arrangements. Our due diligence process helps identify potential risks and opportunities associated with debt syndication transactions, enabling clients to make well-informed decisions.
- Compliance and Regulatory Advisory: We provide expert guidance on compliance with relevant regulatory requirements and guidelines governing debt syndication transactions. Our team ensures that clients adhere to all legal and regulatory obligations throughout the debt syndication process, minimizing the risk of non-compliance and regulatory scrutiny.
- Transaction Management: Our dedicated team manages the entire debt syndication process from start to finish, coordinating with lenders, legal advisors, and other stakeholders to ensure smooth and timely execution of financing transactions. We oversee all aspects of the transaction, from initial negotiations to final closing, to deliver seamless and efficient debt syndication services.
By leveraging our expertise and industry knowledge, Broad Legal Assets helps businesses navigate the complexities of debt syndication and secure optimal financing solutions to support their growth and expansion initiatives.
At Broad Legal Assets, with over 5 years of extensive experience, we specialize in facilitating the registration of Non-Banking Financial Companies (NBFCs) with the Reserve Bank of India (RBI), as well as managing the process for changes in management and control of NBFCs. Following successful registration or acquisition, we offer comprehensive support in ensuring ongoing compliance with NBFC regulations. Our portfolio includes successfully registering NBFCs for ex-bankers from private banks, stockbroking houses, and various other entrepreneurs.
At Broad Legal Assets, we provide a comprehensive range of services tailored for Non-Banking Financial Companies (NBFCs), including:
- NBFC Registration:
Assisting in the registration process with the Reserve Bank of India (RBI).
- Change in Management and Control of NBFC:
- Conducting due diligence for buy-side or sell-side transactions.
- Obtaining prior permission from the RBI.
- Drafting Share Purchase Agreements (SPA), facilitating share transfer formalities, and filing necessary forms for change of management.
- Policy Framework for NBFCs:
Assisting companies in developing various policies to ensure compliance, such as Fair Practices Code (FPC), Know Your Customer (KYC), and interest rate policies.
- Compliance Management:
Managing regulatory compliance requirements including RBI returns, Financial Intelligence Unit-India (FIU-IND) reporting, Central Know Your Customer (CKYC), Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) filings, National Spot Exchange Limited (NSEL) compliance, and Credit Information Organization obligations.
- Companies Act Compliance:
Handling all Companies Act compliance including creation, modification, and release of charges.
At Broad Legal Assets, our Risk Advisory Services offer comprehensive solutions to identify, assess, and mitigate risks across various domains. With a keen understanding of the complex regulatory landscape and evolving business environments, we assist clients in safeguarding their interests and enhancing their resilience against potential threats.
Our Risk Advisory Services encompass:
- Risk Identification and Assessment: We conduct thorough assessments to identify potential risks within your organization, considering both internal and external factors. Through detailed analysis, we evaluate the likelihood and impact of various risks on your business operations.
- Risk Mitigation Strategies: Drawing on our expertise and industry insights, we develop customized risk mitigation strategies tailored to your specific needs and risk appetite. Our proactive approach aims to minimize potential losses and protect your business interests.
- Compliance Management: We help ensure compliance with relevant regulations and industry standards by providing guidance on legal requirements and best practices. Our compliance management solutions help mitigate legal and regulatory risks, enabling you to navigate complex regulatory environments effectively.
- Crisis Management and Response: In the event of a crisis or unforeseen event, our team offers strategic guidance and support to manage the situation effectively. We assist in developing crisis management plans, conducting risk assessments, and implementing timely response measures to mitigate the impact on your business.
- Corporate Governance: We provide advisory services on corporate governance practices to enhance transparency, accountability, and ethical conduct within your organization. By promoting good governance principles, we help mitigate risks associated with corporate misconduct and regulatory non-compliance.
Overall, our Risk Advisory Services are designed to empower organizations to proactively manage risks, seize opportunities, and achieve sustainable growth in today's dynamic business environment. With our expertise and proactive approach, we strive to deliver value-added solutions that drive long-term success for our clients.
At Broad Legal Assets, our Compliance Services offer comprehensive solutions to ensure that businesses adhere to regulatory requirements and industry standards, covering both investor compliance and vendor compliance.
Investor Compliance: We assist businesses in complying with regulations and standards related to investor relations, ensuring transparency, accountability, and trust. Our services include:
- Regulatory Compliance: We help businesses navigate complex regulatory frameworks, ensuring compliance with laws and regulations governing investor relations, such as securities laws, disclosure requirements, and investor protection regulations.
- Disclosure Requirements: We assist businesses in meeting disclosure obligations to investors, including timely and accurate reporting of financial information, material events, and other disclosures required by regulatory authorities.
- Investor Communication: We provide guidance on effective communication with investors, including the preparation of investor communications, such as annual reports, investor presentations, and notices of meetings.
- Investor Dispute Resolution: In the event of investor disputes or complaints, we offer support in resolving conflicts through negotiation, mediation, or legal proceedings, ensuring fair and equitable resolution for all parties involved.
Vendor Compliance: We help businesses ensure that their vendors and suppliers comply with contractual obligations, regulatory requirements, and industry standards. Our services include:
- Vendor Due Diligence: We conduct thorough due diligence on vendors and suppliers to assess their compliance with contractual terms, regulatory requirements, and industry standards, mitigating risks associated with non-compliance or misconduct.
- Contract Management: We assist businesses in drafting, reviewing, and negotiating vendor contracts to ensure that contractual terms align with regulatory requirements and business objectives, minimizing legal and financial risks.
- Monitoring and Oversight: We provide ongoing monitoring and oversight of vendor performance and compliance, including regular audits, inspections, and reviews, to identify and address any non-compliance issues promptly.
- Dispute Resolution: In the event of disputes or breaches of contract by vendors, we offer support in resolving conflicts through negotiation, mediation, or legal proceedings, protecting the interests of the business and ensuring continuity of operations.
Overall, our Compliance Services aim to help businesses navigate complex regulatory environments, mitigate risks, and build trust with investors and vendors alike. With our expertise and proactive approach, we strive to ensure that businesses operate with integrity, transparency, and accountability, driving long-term success and sustainable growth.
India has emerged as one of the most enticing destinations for both investments and business operations. With a significant leap from 142nd (in 2014) to 63rd (in 2019) in the World Bank’s Ease of Doing Business Ranking 2020, India offers a favorable environment for business growth. At Broad Legal Assets, we offer a comprehensive suite of services for setting up and managing foreign entities and their compliance needs across India. Our team comprises Company Secretaries, Chartered Accountants, and other seasoned professionals dedicated to meeting the specific requirements of foreign entities.
Services for Foreign Entity Business Set-Up:
We provide end-to-end corporate advisory and compliance services tailored to our clients' needs and objectives. Foreign entities have various options for setting up business in India, including:
- Indian Company:
- Establishing a Joint Venture with Indian partners.
- Forming a Wholly Owned Subsidiary.
- Foreign Company:
- Establishing a Liaison Office.
- Opening a Branch Office.
- Setting up a Project Office.
- Limited Liability Partnership (LLP):
- Foreign Direct Investment (FDI) is permitted under the automatic route in LLPs operating in sectors where 100% FDI is allowed without performance conditions.
Our Service Offerings Include:
- Assisting in selecting and setting up an entity in India.
- Handling bookkeeping activities.
- Managing statutory compliances.
- Providing Management Information System (MIS) and other business reporting on a regular basis.
- Advising on and updating clients on statutory requirements.
At Broad Legal Assets, we strive to simplify the process of setting up and managing business operations in India for foreign entities, ensuring compliance with regulatory standards and facilitating seamless business growth.
In today's rapidly evolving business landscape, the challenge of acquiring and retaining skilled accounting staff is ever-present. This challenge is particularly acute for SMEs, where the absence of robust accounting manuals and monitoring controls can disrupt the functioning of the accounts and finance departments when accounting staff turnover occurs. Moreover, in-house staff may lack the updated knowledge required to navigate changes in tax laws and corporate regulations, potentially leading to non-compliance issues. Broad Legal Assets addresses these challenges by providing tailored accounting solutions directly to companies.
Our Services
- Bookkeeping: Our team performs meticulous data entry tasks directly into clients' accounting software, ensuring accuracy and reliability in financial records.
- Statutory Compliance: We handle the calculation of statutory liabilities and the timely filing of returns, ensuring adherence to regulatory requirements.
- Management Information Reports: We generate custom reports tailored to meet the specific needs of management, providing valuable insights for informed decision-making.
- Internal Control Overview: We assess and recommend changes to internal control procedures at a macro level, enhancing efficiency and reducing risks.
- Preparation of Financial Statements: Our experts prepare financial statements in accordance with the requirements of the Companies Act, ensuring compliance and transparency.
- Collaboration with Statutory Auditors: We liaise with statutory auditors, providing them with the necessary information and facilitating smooth audit processes.
- Client Meetings: We conduct regular monthly and quarterly meetings with clients to discuss generated reports, address concerns, and provide strategic guidance.
- Coordination for Fundraising: We collaborate with banks and financial institutions on behalf of clients to facilitate fundraising activities, ensuring seamless transactions.
- Coordination with Legal Firms: We assist clients by coordinating with legal firms for documentation requirements, ensuring compliance with legal formalities.
- Data and Document Compilations: In the context of due diligence or tax representations, we compile and organize relevant data and documents, facilitating smooth processes and transactions.
By offering comprehensive accounting services, Broad Legal Assets enables companies to focus on their core operations while ensuring financial transparency, compliance, and efficiency in their accounting and finance functions.
Broad Legal Assets offers a comprehensive suite of audit services tailored to meet the diverse needs of our clients:
- Secretarial Audit: Our Secretarial Audit service involves a thorough examination of a company's compliance with various statutory and regulatory requirements under the Companies Act and other relevant laws. Our experienced team of professionals conducts a detailed review of the company's secretarial records, documents, and procedures to ensure compliance with applicable laws and regulations. We provide valuable insights and recommendations to help companies strengthen their governance practices and mitigate compliance risks.
- Statutory Audit: Broad Legal Assets provides Statutory Audit services to ensure the accuracy and reliability of financial statements in accordance with statutory requirements and accounting standards. Our qualified auditors conduct independent examinations of financial records, transactions, and controls to provide assurance to stakeholders regarding the fairness and integrity of the financial statements. We adhere to professional standards and ethical principles to deliver high-quality audit services that instill confidence and trust.
- Internal Audit: Our Internal Audit service helps organizations enhance their internal control systems, risk management processes, and operational efficiency. We work closely with management to identify key risks and areas for improvement, conduct comprehensive risk assessments, and develop tailored audit plans. Our internal auditors perform detailed reviews of business processes, controls, and procedures to provide valuable insights and recommendations for enhancing governance, risk management, and internal control frameworks.
- Secretarial Review: Broad Legal Assets conducts Secretarial Reviews to assess and evaluate a company's compliance with applicable laws, regulations, and internal policies related to corporate governance and secretarial practices. Our experienced team of professionals conducts a comprehensive review of secretarial records, documents, and procedures to identify any gaps or deficiencies and provide recommendations for remediation. We help companies strengthen their compliance frameworks and mitigate potential risks related to corporate governance and regulatory compliance.
With our expertise and commitment to excellence, Broad Legal Assets is dedicated to delivering audit services that add value, enhance transparency, and support the long-term success of our clients.
