Merger & Amalgamation – industrial Health checkup – Legal audit

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Due Diligence and Post-acquisition Integration in M&A Transaction,

Industrial Health Chek up and Legal Audit of manufacturing unit

Transactions that go through due diligence offer greater chances for success. Due diligence can assist in making better informed decisions through improving the quality of information that is available to decision makers. Due diligence allows buyers to feel more secure that their expectations about the purchase are accurate.in the context of mergers and acquisitions (M&A) buying businesses without performing due diligence significantly increases the risk for the buyer. A detailed scope of work can be undertaken by our firm on following:

Our Expertise:

Land CLU and Due Diligence:-

 The change in the use of land or obtaining approval from the government to convert it for non-agricultural purposes involves navigating ever-changing systems of complicated regulatory procedures quickly. We provide expert legal counsel and solutions for clients in order to assist them with the complex processes. We represent our clients in get permissions from Revenue authorities, Tehsildars, collectors, etc. for the conversion of land to industrial purposes or for tenure.

Factory Statutory & regulatory Approvals :-

Establishing factories or plants requires many compliance requirements with the law, which is both legal and regulatory in nature. There are a variety of licenses and laws that are required to operate the factory. We offer a range of services, ranging from assistance with factories with their licenses as well as contract labour licenses, and related laws. We provide professional advice on dealing with various requirements, to Labour Law compliance.

The issue of regulatory compliance is one of the major challenges that all industries face. What's most frightening is the increasing costs, the amount of resources required and the time required to develop a reliable compliance management program for any business. There isn't a one solution that fits all, therefore every company will have to undergo the process and endure its fair number of mishaps, lessons and improvements before coming up with a solution that's good enough at the very least for in the near future.

As per the Indian Factories Act 1948, every factory should ensure with the following checklist

To ensure compliance activities an effective monitoring system is needed. For this purpose, it is always better to hire the compliance firm for your entire factory compliance.           

Licenses worked on so far.

Health

1. FSSAI,2011

Taxation

1. Panchayat records- Professional Tax & Property Tax

Commercial

1. Weights & Measurement Registration transfer
2. Legal Metrology Registration

Environment

1. Air (Prevention and Control of Pollution) Act, 1981 & Air (Prevention and Control of Pollution) Rules, 1982
2. Bio Medical Waste Authorization
3. GPCB Compliance
4. Plastic Waste (Management and Handling) Rules, 2016

Industrial

1. Gujarat Gas connection Transfer
2. Gujarat Electricity Duty Act, 1958 and Bombay Electricity Duty (Gujarat) Rules, 1986

Factory compliances

1. Fire NOC and Gujarat Factory Rules
2. Factory plan
3. Acquiring a new factory license
4. Stability certificates
5. Factory License Transfers
6. Factories Act, 1948 read with Gujarat Factories act

Labor Welfare

1. Contract Labor (Regulation and Abolition) Act, 1970 and Contract Labor (Regulation and Abolition) (Gujarat) Rules, 1972
2. Employee Provident Funds and Miscellaneous Provisions Act, 1952 and Employees Provident Fund Scheme, 1952 (EPFS), Employees Pension Scheme, 1995 (EPS), Employees Deposit-linked Insurance Scheme, 1976 (EPLIS)
3. Gujarat Labor Welfare Fund Act, 1953 and Labor Welfare Fund (Gujarat) Rules, 1962.
4. Payment of Gratuity Act, 1972 and payment of gratuity (Gujarat) rules 1973
5. Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959 and Employment Exchanges (Compulsory Notification of Vacancies) Rules, 1960
6. Workmen Employee Compensation Act
7. Labor Law Registrations (all) Transfer

Mergers & Amalgamations across Sectors

Financial-Consultant

Foresee Business Opportunities

Ascertaining the various opportunities, and even threats, associated with the merger/amalgamation in question

Fair Calculations

From shares and liquidation of assets and liabilities to purchase considerations, our dedicated team monitors all calculations with precision

Legal Compliances

Offering insightful resources and experts to handle all legal formalities and approvals associated with amalgamations and mergers

Assured Benefits

Helping you arrive at the best deals that prove beneficial to your business in the long run and are free from threats to identity and business

Industrial Health Checkup

In compliance to the Factories Act of Indian 1948, the contractual and permanent employees of organizations must be provided with periodic health checkup on a regular basis. We, at Vihang Adcon, can take care of all the legal, medical, and managerial responsibilities associated with occasional Industrial Health Checkups for a seamless process that does not disrupt the normal functioning of your organization in any manner. From general examinations to specialist tests, we can help conduct it all through our vast network

Legal Audit

Calling for abundant and discreet prudence, occasional legal auditing helps your business steer clear of any problematic litigations that could arise in the future due to oversights, deficiencies, and lacunae in your records and undertakings. Our team of talented and experienced experts in various branches of law are well-versed in legal audit requirements for companies of all sizes in strict compliance with the laws and regulations for enterprises in force in the country.

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Frequently asked question:

Apart from tax savings and financial growth, mergers and amalgamations can help implement large-scale operations with ease, enhance shareholders value, reduce operational costs, and offer stability to goods prices.
Depending on the date and time scheduled for the process, we help organize the health checkups by providing all necessary equipment, personnel, and administrative support.
Our legal auditing services cater to your company by preventing legal issues and reducing potential legal risks through in-depth analysis of your company, competitors and customers

Team Members: