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Simpliance

01

Required by Law

All registered companies in India are required by law to follow the statutory laws and comply by them.

02

Imprisonment

Non compliance may lead to fines and imprisonment of the CEO/Directors/Board Members for up to 3-5 years.

03

Monetary Fines

Non adherence to Statutory Compliance leads to payment of heavy fines and indirect loss to companies.

04

Inspector Audits

Non compliance also invites unnecessary inspection and audits, leading to waste of time and money.

05

Brand Value

Payment of fines and imprisonment can lead to a bad company image causing undue damage to the brand.

06

Company Shutdown

In serious non compliance cases companies are asked to shutdown by the authorities.