19/11/2023
We feel that in the days of complex legal, statutory and regulatory frequently changing environment, precious business time and resources may be gainfully planned and deployed, resulting in ultimate accumulation of wealth for the owners and enhanced revenue generation for the Govt, if just like statutory financial, tax, cost and secretarial audit, LEGAL AUDIT is made compulsory for the MSME Sector (inter alia, others) comprising of the following in example:
1. Statutory & Safety Compliance
2. Asset Ownership/Usership Compliance
3. Risk Management Compliance
4. Regulatory Compliance
5. Manpower Resources Compliance
6. Financial Management Compliance
7. Ethics and Governance Management Compliance
8. Liaison Management Compliance
9. Contract Management Compliance
10. Litigation Management Compliance
11. Documents Repository Management Compliance
12. Customer Interface and Management Compliance
We shall be glad to know your views.
Make a nice day ahead.