Regulatory Services

The regulatory environment in India requires various organizations to obtain several licenses before the operations commence. We offer our services under which we assist our clients in obtaining various licenses, be it general trade license or industry-specific license. We have a dedicated team whose expertise lies in liaising with government authorities which assures speedy and timely procurement of licenses. At MNC our core focus is to reduce the regulatory burden on our clients so that they can concentrate on business activities.

The Firm is well exposed to dealing with various regulatory authorities such as registrar of Companies (ROC), Regional Director(RD), Company Law Board (CLB), Securities and Exchange Board (SEBI). With Mehta Navivala & Co you can be assured that all the documents required to be filed before the regulatory authorities are filed in time and your case be represented in the best possible manner before the various regulatory authorities.

We at Mehta Navivala & Co have a team of professionals dedicated to the Incorporation of various entities. Be it Company, LLP, Partnership Firm, or Joint venture, our team is well equipped with all the expertise to ensure that our clients have not to go through a hard phase of Incorporation. We completely deal with all the regulatory and compliance aspects of entity incorporation and assure our clients that their major focus continues to remain on business operations.

To provide depth in the Indian securities market and to provide a cushion against immediate attacks, the government through various regulatory authorities like SEBI, RBI, Stock Exchanges, etc offers various restrictions and facilities to stakeholders. Portfolio Investment Scheme (PIS) is one of the facilities which provide Non-Resident Individuals and Foreign nationals to participate in the Indian stock market along with various bands, restriction, and legal compliance. Banks have given an additional responsibility to provide these facilities to NRI and foreign nationals along with ensuring all compliance applicable to them and daily reporting to the Reserve Bank of India. MNC PIS team along with its in-house developed application is competent to provide banks a single stop solution about PIS reporting and all legal compliance applicable to the banking organizations.

In India, companies are regulated by the registrar of companies that require various compliances on part of companies during the pre-incorporation and post-incorporation phase. These compliance include annual return filing, maintenance of Statutory registers, other compliances, maintenance of minutes book, etc. At Mehta Navivala & Co we take care of all the compliances that are required to be met by the company under company law. We undertake compliance assignments on an annual as well as case to case basis.

Assets are the backbone of any business. Any organization acquires different types of assets that are being used for the production of the finished goods, assistance in the sale of goods, a better atmosphere to its employees, etc. Value of all assets including fixed assets and current assets already constitutes a major part of total business, hence it is necessary that those assets should be checked and controlled in such a way that these assets can be used optimally and efficiently for a long period and people can be stopped from misuse thereof. Generally, organizations do better control their cash assets, debtors but reluctant towards fixed assets and sometimes for inventory.

Mehta Navivala & Co with its unique and innovative technique helps organizations to identify all fixed assets, their valuation, recording, and creating of fixed assets registers. MNC is providing specific solutions and processes to the organization which ensure continuance updating of fixed assets registers, better tracking of assets spread into different locations and fix responsibility among users. Mehta Navivala & Co is providing solutions for all types of assets (V.g. Infrastructure Assets (Road, Drain, Lake & Pond, Public Lighting, Sewerage Systems, etc.) mainly found in municipal organizations, Intangible Assets (Goodwill, Patents, Copyrights, Trademark, etc.), IT assets (Softwares, Hardware, Server, Networking Equipments), Research equipment (Lab equipment, precious consumables), etc.

Mehta Navivala & Co Cost optimization team provides better techniques for inventory tracking, determination inefficient economic order quantity (EOQ), reorder level. Our team studies and analyzes various methods and procedures and assists to enhance inventory turnover ratio, price and supply hedging against market forces, etc.

There should be equal exposure to every team member and responsibility for any wrongdoing can also be cast upon an individual person along with the team. Our Internal Control and performance evaluation team have successfully launched his unique operating procedures that help in proper segregation of responsibility along with business continuity and disaster recovery method.

To set up and run an industry successfully it is necessary that it should comply with all applicable rules and regulations. In addition to general statutes some special statutes are also applicable to some industry, non adherence thereof may question the existence of the organization. Sometimes sector-specific incentive schemes are also being offered by the government organization. Our sector-specific expert team manages to update their industry-specific client about various regulatory amendments, reporting structure to regulatory authorities, and tariff calculations.

Our expert team provides assistance to telecom companies in a better understanding of TRAI recommendations, DOT Guidelines, proper ascertainment of voice revenue, segment reporting, etc. Our natural resources team assists natural resources in proper tariff calculations, timely submission to Petroleum and Natural gas regulatory board (PNGRB) authorities, segment reporting, and calculation of segment wise internal rate of return. Our Industry team suggests various incentives applicable to a specific industry and design strategies and methods enable the customers for better and maximum claim thereof.

One of the key reforms of the government of India with an intention to make urban local bodies independent, self-sustainable, and their accounting system transparent, error-free, and more reliable. Mehta Navivala & Co is one of the key associates in the government initiative. Our expert team has authored a book covering key aspects of the accrual-based double-entry accounting system and its optimum use in urban local bodies. MNC team has initiated and successfully implemented this accounting system in more than 60 urban local bodies covering Various states of India.

The use of modern technology and computers with the application of skill and expertise of human beings is the most productive and performing method in today’s era and we are having expertise in the same. Our expert team has contributed to many of the organizations for the successful integration of related processes among each other in such a way that all required output can be generated with minimum inputs. We ensure that redundancy of work should be eliminated in such a way that efficiency & amp; Interest of human resource will remain and increase in the organization’s interest and possibilities of errors and omission which can be resulted in repetitive working and frustration can be removed. Our team has successfully integrated financial accounting along with budgeting, inventory, and financial management in such a way that a common platform and common input is providing all the purpose that can be served. The user Control system, Biometrics equipment, and modified internal control techniques have helped us to establish proper responsibilities among the staff, enabling improvement in quality input and adequate reporting framework.

A change in accounting standards is virtually inevitable in India and companies should be embarking on their initiatives to achieve timely convergence with IFRS. Based on the experience of other countries, the conversion is a significant endeavor and an early start can make a difference. We help companies that are contemplating IFRS or are in the process of adopting IFRS with services such as assessing and revising financial policies, evaluating organization-wide Data Collection processes, Consolidation processes, Financial Reporting processes, or General accounts. We have professionals specialized in the field of Indian Accounting Standards and IFRS that smoothly navigate the convergence process to comply with international and local reporting compliances.