Vision essentially is a dream. And when we talk in corporatesense, Vision is a dream with a deadline..From this perspective, vision need to have following fivecomponents: An ability to inspire. A sense of Worthiness. An invitation to share. It should be in clear and understandable detail It should be achievable.
SERVICES UNDER ROC FORMATIONS CONVERSIONS REPORTS CHARGE MANAGEMENT SHOW CAUSE NOTICES INSPECTION, INVESTIGATION AND COMPLAINTS CLOSURE OF COMPANY APPROVAL SERVICES SEARCH REPORT
COMPANY LAW BOARD/NCLT Compounding u/s 629A of the Act, 1956; Shifting of Registered Office form one state to another; Sec 397/398, Oppression and Mismanagement cases; Condonation of delay in registration of charges; Condonation for delay in filing CLB order; Rectification of register of Members; Application for Investigation of affairs of a company u/s 235 of the act; Approval for issue of shares at discount; Applications/Representations in the area of Fixed deposits ;
REGIONAL DIRECTOR Approval for shifting of registered office from the jurisdiction of one ROC to another within the same state Appointment of Auditor by CG Removal of Auditor Sec 297 Approval Compounding Inspections License under sec 25 Merger
Under this head, we will offering a complete “Inspection- Solution” package, which will cover the following : Pre-inspection preparation/audit Drafting of reply to Inspection report Liasoning with MCA and RD offices with respect to Inspection report Compounding of contraventions in case of default admitted Handling of prosecutions
Following types of compounding will be offered: Compounding of general contraventions Compounding arising out of inspection Condonation for delay in registration of charges Condonation for delay in filing variousreport/orders with the ROC
We will architecture various “Retainership model” includingthe following: Preparation and drafting of secretarial records Legal opinions Solutions to specific problems Vetting of legal agreements (Inter Departmental work) Corporate Law compliances Labour law compliances (Inter Departmental work) Securities law compliances. (Inter Departmental wor) Corporate Governance- Audit & Implementation Approvals under various laws
We will provide the following certifications: Compliance certificates Corporate Governance certificates Certificates under securities law Certification of forms and other certificatesunder company law Certificates under various regulations of FEMA Annual Return certification
CORPORATEANALYSIS/JANAMPATRI FOR INDEPENDENT DIRECTOR
NEEDS OF INDEPENDENT DIRECTOR Information relating to the management of the company Business structure Level of Corporate Compliances Financial performance of the company (in last three years) Information of various prosecutions (if any) launched against the company Any other defaults (if any)
INNOVATIVE SEARCH General search Search based on directorship Search based on properties(another big thing to happen) Business take over search Event wise search, for example to the number of companies promoted by a particular person Same management company search
PROCESS Drafting of Questioner Posting of Questioner on website Invitation to Companies to fill the Questioner and submit it; Back office will prepare a report on the basis of questioner filled A report will be send to company online after attaching digital signature based on the information produced. We may advertise such product like CP Cert.
In the future ahead Corporate Governance would be thenext big buzz not only for the listed companies but for all those companies who want to be better managed, bettergoverned and want to create value for their share holders. In there this endeavor, Corporate professionals will partner them by providing: Effective and regular Corporate Governance Audit Effective and time bound Corporate Governance Implementation
The Legal angel of Drafting of Balance Sheet is to comply all theprovisions of Companies Act 1956 read with schedule and Accounting Standards. If we will talk about the deepness of such provisions and also theview of Department, almost 95% of the Companies do not comply the each of provisions of the act. We will offer the service relating to technical Scrutiny of BalanceSheet from the point of sec 211 and schedule VI before presenting it to Board of Director of the for approval. It is an annual assignment. Opportunity This is the Vision of Ministry of Company affairs towards implementing MCA 21. so we have to match our vision with their vision. Threats Only Big size Companies will ask for such services.
PREPARATIONS Software Books Website Database Manpower Ramaiya-CD Book on Drafting Legal Company Law update Listed Co’ in Delhi Two CS(1-2) expSoftware like Co-Sec Client Co’s Two trainee Big MNC,s Big Law/CA firms
WEBSITES ON OFFERING Website on Incorporation with emphasis on doing business in India Website on section 297 and related party transaction (another revolutionary idea) Website on Managerial Remuneration etc
E-NEWSLETTER Latest update on MCA21 Latest update in the field of Corporate Law Latest Cases Practical Knowledge on MCA21 Latest FAQ’s One Article on key topic Monthly Compliances Inviting Queries
MCA 21 Services No. of Clients Groups 100 Average No. of Group Companies 5 Total No. of Companies 500 No. of Companies needs Correction (Approx 80%) 400 Fees per company 1000-2000 Expected Revenue (400* 1000) Rs. 400000-800000
EXPECTED COST Salary-15 % Out of pocket expenses-10% Indirect Exp. – 15 % Net Profit = 100% - 40% = 60% Net Profit = Approx. Rs. 70,00,000.00 per annum
The New Company Law- the degree of liberalization will definitely be more Lack of effective marketing Low fee structure of Competitors Innovative ideas are always risky and required testing Lack of recognization as Knowledge hub
PLAN OF ACTION Quality services always leads to automatic publicity Developing a standard e-mail for various types of our service & products E-newsletter Marketing our Website through goggle search Mouth publicity Preparing a list of target people
FCRA is one another department, which offersus enormous wok opportunities in the form ofthe following: Registration of NGO’s for receiving foreign contribution Prior approval for receiving foreign contribution Other general compliances under the act
This area is one of the another important area whichstill remains unexplored by our organization. Itprovides work opportunities in the form of: FDI approvals Approval for establishing SEZ, Industrial Park, STPI Industrial license IEM Transfer of shares from resident to non-resident and vice-versa Establishing of branch /project/liaison office NBFC
TO DREAM IS A LUXURY OF ALLBUT TO ACHIEVE IS A CALIBER OF FEW
A report can be prepared by anyone but whatlies beneath is its successful execution within agive time frame, which only requires threesimple things: Commitment Time LabourWe Pose our commitment to the organisation.We mean it.
Suggestion, Support andIdeas are always invited from CP Parivar.
THANKS FOR PATIENT HEARING &BEST OF LUCK TO CP