IFSCA GIFT City
Regulatory guidance on IFSCA-regulated finance companies and AIF structures, AML, corporate governance, prudential compliance, and interpretation alongside RBI, FEMA and SEBI norms.
Our Services · Areas of Practice
Multidisciplinary Advisory & Regulatory Architecture
Corporate transactions rarely remain confined to a single statutory boundary. Our practice provides integrated technical opinions, structuring reviews, and compliance advisory across seven interconnected areas of practice—enabling Chief Financial Officers, General Counsels, Company Secretaries, and Audit Committees to evaluate accounting, legal, capital, and operational implications concurrently.
Areas of Practice
Financial Reporting & Accounting Advisory (Ind AS, IFRS & AS)
Supporting the Office of the CFO and Audit Committees in navigating complex recognition, measurement, and presentation mandates.
Financial statements are the ultimate financial translation of every commercial contract and boardroom resolution. We assist corporate finance leadership in evaluating the accounting consequences of complex transactions prior to execution, ensuring defensible positions before statutory auditors and regulators.
Ind AS 118 & Presentation Architecture
Impact assessments, chart-of-accounts realignment, transition reconciliations, classification of operating, investing, and financing categories, and governance frameworks for Management-Defined Performance Measures (MPMs).
Complex Financial Instruments (Ind AS 109 / 32)
Technical evaluation of debt-versus-equity classifications, compound instruments, compulsory and optional convertible securities, embedded derivatives, Expected Credit Loss (ECL) modelling, and hedge accounting.
Business Combinations & Consolidation (Ind AS 103 / 110)
Purchase Price Allocation (PPA) reviews, control assessments, accounting for common control transactions, demergers, and structured group reorganizations.
Sector-Specific & Specialized Valuations
Structural financial models for biological asset capitalization (Ind AS 41), lease modifications (Ind AS 116), revenue recognition for multi-element contracts (Ind AS 115), and impairment testing (Ind AS 36).
Audit Committee Technical Position Papers
Drafting comprehensive accounting policy manuals, GAAP conversion frameworks, and authoritative technical opinions to resolve complex audit observations.
Areas of Practice
Corporate Governance & Securities Regulations (Companies Act & SEBI)
Assisting General Counsels, Company Secretaries, and Boards in harmonizing statutory governance with capital market disclosures.
Corporate actions require seamless alignment between internal board approvals and external capital market disclosures. Our practice advises on the procedural and substantive intricacies of corporate and securities laws.
Boardroom & Shareholder Governance
Advisory on board processes, fiduciary duties, Secretarial Standards, postal ballots, and general meeting governance under the Companies Act, 2013.
Related Party Transactions (RPTs) & Group Structuring
Structuring and reviewing RPT frameworks, omnibus approvals, arm’s-length documentation, inter-corporate loans, investments, and guarantees (Sections 185, 186, and 188).
SEBI Regulatory Frameworks
Compliance evaluations and structuring support under SEBI (LODR), SEBI (ICDR), Takeover Regulations (SAST), Prohibition of Insider Trading (PIT), and Employee Benefit (SBEB) regulations.
REITs, InvITs & Alternative Capital Vehicles
Technical and regulatory advisory on the formation, continuous disclosure, financial reporting, and distribution frameworks for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
Regulatory Representations
Drafting technical submissions, compounding applications, and adjudication responses before the Ministry of Corporate Affairs (MCA), Regional Directors, NCLT, and SEBI.
Areas of Practice
FEMA & Cross-Border Capital Regulations
Structuring inbound and outbound capital flows in alignment with RBI Master Directions and domestic accounting standards.
Cross-border capital deployments demand precise synchronization between Foreign Exchange Management Act (FEMA) regulations, corporate law, and Ind AS classification norms.
Inbound & Outbound Investments (FDI / ODI)
Advisory on the Non-Debt Instruments (NDI) Rules, Overseas Investment Rules and Regulations, downstream investments, pricing guidelines, and deferred consideration structures.
External Commercial Borrowings (ECB) & Trade Credits
Evaluating eligible borrowers and lenders, all-in-cost ceilings, end-use restrictions, hedging mandates, and reporting architectures under revised RBI Master Directions.
Cross-Border Guarantees & FEMA 8(R)
Structuring corporate, performance, and financial guarantees across group entities in compliance with updated FEMA Guarantee Regulations and assessing their fair value accounting impact under Ind AS 109.
Compounding & Regularization
Technical assistance with Late Submission Fees (LSF), compounding proceedings before the Reserve Bank of India (RBI), and regularization of legacy cross-border structures.
Areas of Practice
New Labour Codes & Human Capital Compliance
Integrating statutory labour law compliance with financial modeling and actuarial liability management.
The consolidation of central labour legislations into the four Labour Codes—covering Wages, Social Security, Industrial Relations, and Occupational Safety, Health and Working Conditions—fundamentally alters enterprise human capital costs.
Wage Structure Recalibration & Financial Modelling
Evaluating compensation architectures against the uniform definition of “wages” and the statutory 50% exclusion threshold, including resolving circularity in allowance computations.
Ind AS 19 Actuarial Impact Assessments
Quantifying the balance sheet and P&L impact of revised wage definitions on past service costs, gratuity, compensated absences, and post-employment benefit obligations.
Contract Labour & Principal Employer Governance
Assessing statutory liabilities, core versus non-core activity restrictions, and compliance frameworks for contractors and fixed-term employment.
Social Security & Payroll Transition Audits
Reviewing enterprise readiness across Provident Fund, ESI, bonus computations, leave encashment rules, and statutory registers.
Areas of Practice
Digital Personal Data Protection (DPDP) Law
Safeguarding enterprise digital infrastructure, data governance, and algorithmic compliance.
As regulatory oversight expands into enterprise technology, legal compliance and Information Systems (IS) assurance must operate in tandem.
DPDP Act Readiness & Data Fiduciary Frameworks
Mapping personal data lifecycles, drafting consent architecture and privacy notices, evaluating legitimate uses, and structuring Data Processor agreements.
Significant Data Fiduciary (SDF) Obligations
Advisory on Data Protection Impact Assessments (DPIAs), periodic independent data audits, and algorithmic risk evaluations.
Information Systems (IS) & IT Governance Audits
Conducting DISA-qualified system audits covering application controls, access management, cybersecurity governance, and automated financial reporting interfaces.
System Time-Stamping & Statutory Logging Compliance
Evaluating IT infrastructure, transaction logging, and network synchronization against emerging statutory mandates, including the Legal Metrology (Indian Standard Time) Rules.
Areas of Practice
Insolvency, Restructuring & Turnaround Advisory (IBC)
Navigating corporate stress, debt resolution, and value preservation under the Insolvency and Bankruptcy Code.
Led by a registered Insolvency Professional, the practice provides technical and strategic support across the lifecycle of corporate restructuring and distressed asset transactions.
Corporate Debt Restructuring & Pre-IBC Advisory
Reviewing debt covenants, evaluating early warning signals, and structuring out-of-court resolution frameworks.
CIRP & Resolution Plan Evaluation
Advising resolution applicants, financial and operational creditors, and corporate debtors on resolution plan structuring, Section 29A eligibility, and waterfall distribution mechanics.
Transaction Audits & Avoidance Proceedings
Technical review of Preferential, Undervalued, Fraudulent, and Extortionate (PUFE) transactions and representation support before the NCLT and NCLAT.
Post-Resolution Accounting & Statutory Integration
Implementing clean-slate accounting adjustments, capital reduction entries, and regulatory filings following NCLT plan approval.
Areas of Practice
ESG Assurance, Internal Controls & Audit Quality Management
Strengthening institutional assurance, sustainability reporting, and professional quality control systems.
BRSR Core & ESG Reporting Readiness
Designing data capture protocols, internal verification controls, and assurance readiness frameworks for Business Responsibility and Sustainability Reporting (BRSR) under SEBI mandates.
Internal Financial Controls (IFC) & Risk Architecture
Designing, documenting, and testing Risk Control Matrices (RCMs) and entity-level controls under Section 134 and Section 143(3)(i) of the Companies Act, 2013.
Audit Quality Control & Regulatory Defense
Advising assurance practices on Standards on Quality Management (SQC 1 / ISQM), Peer Review readiness, QRB/NFRA inspection preparedness, and technical representations before professional disciplinary forums.
Specialist Sector Focus
Additional Regulatory Focus Areas
Supporting selected regulated sectors and statutory frameworks alongside the seven integrated practice areas above.
NBFC Regulatory Compliance
Prudential norms, internal control mechanisms, SBR/ICAAP advisory, RBI risk-based internal audit requirements and regulatory health checks.
CSR Impact Assessment
Assessment studies of CSR project outcomes and performance, with evaluation frameworks covering environmental, social and financial measures.
Formal Inquiries
Cross-Domain Impact Evaluations
For engagements requiring multi-statute analysis—such as evaluating the concurrent Ind AS, FEMA, Companies Act, and tax implications of a proposed board resolution—please refer to our Contact Information page to direct a formal inquiry.
Contact Information