Services

The Firm performs due diligence reviews that would be performed for placement of securities. The firm has conducted due diligence reviews for foreign and domestic investors. The acquiring of a business carries with it a number of risk in areas that include: financial, legal & litigation, markets & products, management & work force, strategic and unrecorded liabilities. The firm prepares a work plan based on client goals, concerns and expectations. An agreed-upon approach would normally be used.

The Firm accepts special investigations the scope of which are ordinarily defined by the client. The report usually includes sufficient data to support all representations therein; where there are numerous items of a similar nature, exhibits and supporting schedules are used.

Some Investigation Engagements performed in the past include:

• Investigation ordered by Mumbai High Court of a Plantation Company - jointly with the Economic Offences Wing of The Mumbai Police
• Investigation ordered by Calcutta High Court in respect of a certain companies involving misfeasance by Directors
• On behalf of lending banks and institutions - systems review for financial control, project viability, inventory management
• Investigative audit in Bangladesh of a German Company, for detection of fraud and other irregularities including regulatory non-compliances followed by suggestions for improvement and avoidance of recurrence through improved controls.
• Review of financial instution lendings pursuant to the Tarapore Committee
• Prospectus Audits in connection with Rights and other securities issues