Compliance Checklist is the world's best portal for Legal Compliance Checklist. It is provide Company law compliance checklist and more for your business. LexCare provides Compliance checklist and Compliance audit checklist for labour and legal laws. For more information contact +91 20 69400480. http://compliancechecklist.in/Getchecklist/faq

1. legal compliance checklist

2. What Legal Compliance mean?
Legal Compliance means an activity that an Companies needs
to perform in order to comply with the applicable laws.
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3. TYPES OF Compliance
 One Time - Needs to be done only once by the business
 Periodic - As prescribed in the law (eg : Weekly, Monthly,
Quarterly, Yearly)
 Ongoing - Needs to be done regularly
 Event Based - Needs to be done only on occurence of
specific events/conditions
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4. Why Legal Compliance is important?
New Companies Act substantively raises the bar on governance and
thrusts greater responsibility and obligation on the Board of Directors and
Management in Indian business
Apart from statutory requirements, there are other reasons for business
to focus on Legal & Regulatory Compliances such as:
Compultion from Regulators
Media and Shareholders
Loss of reputation
Cost of non-compliance is higher than cost of compliance
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5. Compliance MANAGEMENT FRAME WORK
PREVENT
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