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Corporate Affairs & Compliance The Way Ahead
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Corporate Affairs & Compliance The Way Ahead

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  • Law firms are Amarchand, KJSV, Singhania Partners, Jurist Consultants
  • Revenue figures not checked and confirmed at final stages
  • Revenue figures to be tallied

Corporate Affairs & Compliance The Way Ahead Corporate Affairs & Compliance The Way Ahead Presentation Transcript

  • Corporate Affairs & Compliance The way ahead
  • Our vision statement
    • To become top most brand in providing corporate law advisory and compliance services by providing services through innovative means which are cost as well as time effective and break the myth of being said routine nature services.
  • Role and object
    • Laying Foundation - Creating & Shaping the most appropriate Business Form
    • Assistance - Assists in achieving the statutory compliance
    • Evolution - E nable achieve good compliances & governance with setting-up of effective compliance management systems
    • Guidance - In any corporate planning and other corporate events involved
    • Affirmation – For the improvement upon of the non-compliance or mismanagement already committed by the company
  • Our Offerings
    • Existing Products
    • New Products
  • Existing Products Product Cont …
  • Existing Products
  • Retainership - a key to work acquisition
    • AIM
    • Enter in a corporate house to provide assistance in services and create dependence for such as well as specific assignment services being offered to them .
    • FEATURES
    • Value addition and innovative solution to all the needs of the company
  • RETAINERSHIP MODELS
  • RETAINERSHIP - ADVANTAGES
    • Uniform income throughout the year
    • Continuous touch with clients so that we come to know their corporate events and can grasp new work
    • References can be made by the existing clients to other companies, more work for the organization
    • Enables to gain trustworthiness of the client.
  • Retainership - Disadvantages
    • Difficult to prove value-addition
    • Difficult to distinguish specific and routine assignments
    • Disturbance in department targets due to fee concession offered
    • Revenue loss to the organization
    • Time consuming service s
    • Higher expectations
  • New Products
  • N ew P roducts
  • N ew p roducts
  • Upcoming IT product
    • www.companylaw.com
    • The web product is about providing an online solution to all company law related queries with user friendly customized interface, it be the Company, Directors, General Investor, Financial Institutions or others.
    • A website which contain all laws, rules, regulations, amendment and all information required to provide specilised service keeping in view the requirement of the person involved.
    • WORK DONE
    • Project report completed
  • Companylaw.com (project report )
  • Our Uniqueness
    • Universal nature; does not depends upon the economy
    • All India Services
    • Fast processing
    • Ability to render miscellaneous services of different nature
  • Quality control initiatives Present Process Proposed process Drafting Documents - Analyst/Associate Drafting Documents –Any Member through Manuals Vetting - Assistant Manager/Manager Vetting - Assistant Manager/Manager Final Vetting - Senior Manager Final Vetting -Senior Manager only in complex cases
  • Important manuals
    • INCORP.IN – PLAN OF ACTION
    • Advertisement through Google & Search Engine Optimization
    • Professional tie ups with international incorporation sites* and law firms for serving India Incorp
    • Incorporation guide to be kept in Embassies* and Chambers*
    • Link to be mailed as attachment to each outward mail
    • Advertising on professional portals* such as feeleminds & mails to Professional groups such as yahoo corpsclubs
    • Intimation Mails to SMTP Batches of CP Team
    • Identification of Softwares to streamline Incorp process
    MARKETING PLAN
  • MARKETING PLAN INCORP.IN – PLAN ORIENTATION
    • RETAINERSHIP – PLAN OF ACTION
    • Approaching identified lead clients*
    • Assessing in-house references
    • Approaching specified persons for infusing work
    • VIRTUAL FRONT OFFICE
    • Publicity to foreign clients
    • Value Added Service to incorporation
    • Advertisement on CP Internal websites
  •  
  • Marketing Plan
    • TECHINICAL SCRUTINY OF BALANCE SHEET
    • Creating awareness of the requirement to the client companies amongst listed and proposed to be listed companies
    • Informing companies about the fact that the Ministry has ordered 100% scrutiny of companies coming out with an IPO
    • Sending Check list to the clients for analyzing their Balance Sheets
    • E-SEARCH REPORT
    • Launch of website for the purpose & tie up with already existing sites for the purpose
    • Creating awareness amongst existing clients of the service being provided
    • Contact specified known persons for publication of report
    • Links on CP Internal Websites
  • MARKETING PLAN
  • Marketing Plans
    • OTHER SERVICES
    • Law firms* to be approached for specified services
    • Mails to be sent to associates for services relating to Delhi advantage such as assistance to be provided in Approval Services, Incorporation etc.
  • MARKETING PLAN RETAINERSHIP & OTHER SERVICES – PLAN ORIENTATION
  • Implementation Schedule Cont …
  • Implementation Schedule
  • Budgeted revenue 2008-09 Assignment Average Fee Expected No. Expected Revenue INCORPORATION SERVICES Business Setup 1,00,000 3 3,00,000 Entity formation within India 20,000 50 10,00,000 APPROVAL SERVICES[DIFFERENT ASSIGNMENTS] RoC 15000 20 4,00,000 RD 45000 20 9,00,000 CLB 30000 30 9,00,000 McA 40000 20 8,00,000
  • Budgeted revenue 2008-09 Assignment Average Fee Expected No. Expected Revenue RETAINERSHIP Listed & Unlisted Co. 1,80,000 20 36,00,000 Group with Liability Sharing Model 6,00,000 1 6,00,000 DUE -DILIGENCE Secretarial & Securities Audit 30000 20 6,00,000 Secretarial Audit & Updating 12500 10 1,25,000
  • Budgeted revenue 2008-09 Assignment Average Fee Expected No. Expected Revenue LEGAL OPINIONS & ADVISORY Legal Opinions 15000 12 1,80,000 OTHER MISCELLANEOUS WORK Balance Sheet Scrutiny 50,000 5 2,50,000 E-search reports 5,000 20 1,00,000 Inspection u/s 209 1,00,000 3 3,00,000 Postal Ballot (Scrutinizer) 15000 10 1,50,000 Adjudication of stamp duty 25000 10 2,50,000 TOTAL 1,04,50,000
  •  
  • REVISED BUDGET Targeted as on 30.04.2008 1.43 cr Revised Budget 1.05 cr Difference .38 cr Achieved as on 30.10.2008 .50 cr Present Work in Hand .20 cr
  • S W O T ANALYSIS
  • Strengths
    • Dedicated Team
    • Positive Attitude
    • Diversity of work profile
    • Team work
    • Team Leadership
    • Self motivating team
  • WEAKNESSES
    • Lack of proper delegation of work
    • Monotonous work
    • Time spent in government department
    • Lack of standardization
  • Opportunities
    • LLP
    • New Company Bill
    • Explore work in inspection and investigation
    • Retainership Development
  • THREATS
    • Stiff competition with PCS
    • Routine work, lacks recognizaton
  • Our Cliental And lot more…
  • Dictum for achieving vision