There are several legislations in India which imposes severe penalties for violation of obligations of an Indian enterprise doing business in India. In some cases, Directors on the Board of the Indian enterprise can also be held liable and in certain exceptional cases, even the parent company can be held liable. Proper guidance is essential to obviate various risks associated with the operation. Our HR & Risk Advisory Team is ready to provide you with necessary guidance and assistance and the scope of our service includes :

Conducting due diligence to identify various risks associated in respect of Indian operations Formulating and instituting systems and procedures to ensure risk elimination / mitigation Advising on Directors & Officers liability, third party liability, product liability insurance, etc. Review of environmental risks of the company and institution of systems & procedures to eliminate / mitigate the risks Review of risks associated with policies / proposed changes in the policies of the central as well as state governments which will have a bearing on Indian operations Negotiation with Insurance companies to obtain best quotes for property insurance, loss of profit, machinery break down policy, transit & storage insurance Review of foreign exchange exposure of Indian operations and suggest suitable instruments to hedge the risks