Most compliance failures are not sudden events — they are the result of risks that were present for months or years before they became visible. A filing missed in one year creates a compounding penalty in the next. A regulatory change not tracked results in a non-compliant practice continuing after the law has moved on. A labour law obligation not understood creates a liability that surfaces during an inspection or due diligence. Our Risk & Regulatory Advisory practice is designed to surface these risks before they crystallise — and to build systems that prevent them from recurring.
Risk Advisory Services
Compliance Health Check
A structured review of the company's compliance posture across all applicable laws — Companies Act, FEMA, GST, income tax, labour laws, and sector-specific regulations — producing a risk-tiered finding report.
Regulatory Risk Mapping
Identifying the full universe of regulatory obligations applicable to the business based on its structure, sector, size, and activities — producing a compliance map that surfaces obligations that may have been overlooked.
Multi-Law Compliance Monitoring
Ongoing monitoring of compliance obligations across all applicable statutes, with a compliance calendar tracking every filing deadline, renewal, and periodic obligation.
Regulatory Change Monitoring
Tracking MCA circulars, SEBI notifications, RBI guidelines, GST council updates, and sector-specific regulatory changes — with plain-language summaries of what changes and what action is required.
Labour Law Compliance Review
Reviewing compliance with applicable labour legislation — PF, ESI, the Code on Wages, maternity benefit, and state-specific labour laws — identifying gaps and advising on remediation.
Director & KYC Compliance
Reviewing the compliance status of all directors — DIN status, DIR-3 KYC, interest disclosures (MBP-1), and disqualification declarations (DIR-8) — to ensure no director is in default.
Pre-Inspection Compliance Readiness
Preparing the company for regulatory inspections or due diligence reviews by ensuring all compliance records are complete, up to date, and accessible.
Risk Reporting for Boards
Producing periodic compliance risk reports for boards of directors — summarising the company's compliance posture, outstanding risks, and completed remediation.
The Nature of Regulatory Risk
Regulatory risk in India is multi-layered. A company of any size faces obligations under the Companies Act and its rules, income tax legislation, GST, labour laws, and — depending on sector — additional regulatory frameworks under the RBI, SEBI, FSSAI, or other bodies. Each of these regimes has its own filing calendar, its own penalty structure, and its own inspection and enforcement mechanism. Managing this complexity without a structured system means that obligations will be missed — and penalties will follow.
Prevention is always less expensive than remediation. The cost of a compliance health check is a fraction of the cost of compounding penalties, regulatory show-cause notices, or the reputational impact of a compliance failure during a fundraise or transaction.
Building Lasting Compliance Systems
Our Risk Advisory practice is not a one-time audit — it is a system for sustained compliance awareness. For retainer clients, we maintain a live compliance calendar, track regulatory developments as they occur, and provide periodic risk reports to management and boards. We treat regulatory risk management as a continuous process, not an annual event.
What You Get
- Compliance health check — risk-tiered findings across all applicable laws
- Regulatory risk map — the full universe of obligations applicable to your business
- Multi-law compliance calendar — every filing deadline and periodic obligation tracked
- Regulatory change alerts — plain-language summaries of what changes and what to do
- Labour law compliance review — PF, ESI, Wages Code, maternity, and state-specific obligations
- Periodic compliance risk reports for boards and senior management