Special Compliances – company conversion,strike-off, company incorporation
In today’s dynamic business environment, companies often need to adapt their legal structure, close dormant entities, or establish new entities for expansion and operational efficiency. Our Special Compliance Services cover key corporate actions like company conversion, strike-off, and incorporation, ensuring full adherence to statutory regulations under the Companies Act, 2013. Our expert team guides businesses through every stage of compliance, minimizing risk and maximizing operational flexibility.
Company Conversion
Company conversion refers to changing the legal status of a company—for example, converting a private limited company into a public limited company, a company into a One Person Company (OPC), or vice versa. This process helps businesses align their corporate structure with growth plans, capital requirements, or operational flexibility.
Company Strike-Off
Company strike-off is the legal procedure of removing a company from the MCA registry. This is applicable for companies that are no longer operational or wish to discontinue business formally. Strike-off ensures the company ceases to exist legally, avoiding ongoing compliance obligations.
Company Incorporation
Company incorporation is the process of legally forming a new company. Whether you are starting a Private Limited Company, One Person Company (OPC), Limited Liability Partnership (LLP), or Public Limited Company, proper incorporation is crucial for legal recognition and future operations.
Frequently Asked Questions (FAQs)
RBI mandates concurrent audits for high-risk branches based on business volume, operational risk, and regulatory requirements. Banks may also voluntarily appoint concurrent auditors for internal risk control.
Verification of advances, NPAs, provisioning, deposits, income recognition, compliance with RBI Circulars, KYC/AML adherence, and accurate regulatory reporting.
Yes, we assist in preparing rectification reports, implementing corrective actions, and ensuring compliance with audit observations to avoid penalties and reputational risks.
Regular audits help identify control weaknesses, prevent income leakages, detect procedural lapses, and recommend process improvements that enhance the operational efficiency and compliance culture within branches.
Corporate Compliance with MCA
CA. Dhiraj Jain
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