PERFECT’s corporate advisory division provides well-researched professional advice, relevant to their business including expansion, divestment, acquisition and restructuring. Our team consist of multi-skilled professionals having varied experience in diverse backgrounds. Our expertise and knowledge in structuring of domestic and international markets has enabled us to carve a niche for ourselves in the area of Corporate Advisory. 

Business and Intangible Assets Valuation: Valuation reports are now required by businesses for wide-ranging purposes, e.g. to provide sufficient documentation to their outside auditors, for regulatory compliance with the Reserve Bank of India & the Securities & Exchange Board of India, tax filings with the Indian Tax Authorities etc. PERFECT provides valuation reports for various requirements, such as:

• Purchase price allocation of consideration paid for an acquired company (or group of assets) among identifiable tangible and intangible assets

•  Fair Value of Stock Options given to employees as part of their compensation package for reporting in financial statements

• Evaluating Impairment of Long-Lived Assets using free cash flow being generated by each identifiable cash generating units

• Valuation of merging companies in order to calculate exchange ratios for shareholders

• Valuation of securities as per Discounted Free Cash Flow method as required by Reserve Bank of India (RBI), for issuing securities to a non-resident person

• Developing business projections for explicit period, which is then provided by management to another valuation expert as their best estimate

Regulatory Consultancy: At times businesses are in need of expert advice and assistance in obtaining approvals for certain key matters to comply with various regulatory requirements or to close the operations and remit the surplus fund back to the parent company. Team of senior consultants at PERFECT, with extensive experience and strong convincing power, helps achieving the objective. Some of such cases, where PERFECT has successfully assisted various clients are:

• Approvals from Ministry of Corporate Affairs / Registrar of Companies

• Obtain Managerial Remuneration approval for payment/waiver of remuneration in excess of the limits provided under the Companies Act, 1956

• Obtain approvals for transactions with directors of the Company (under Section 295, 297, 299 etc. of the Companies Act, 1956)

• Compounding of offences committed under Companies Act, 1956

• Obtaining approvals/clearances from the Official Liquidator (for liquidation, merger, de-merger etc.)

• Obtain approvals / clearances from the Regional Director (for Merger / Demerger etc.)

• Extension for holding general body meeting after the permissible time frame provided in statute

• Approvals from Ministry of Home Affairs

• Obtaining prior approval/Registration to accept foreign contribution as required under Foreign Contribution (Regulation) Act

• Assist in seeking post facto approval/ regularisation of foreign contribution received in violation of FCRA regulations

• Filling and Filing of annual returns and other compliances on behalf of the Society / Trust accepting foreign contribution

• De-Registration of Entities

• Undertaking the whole process of liquidation/winding up of an Indian entity

• Undertaking the process of Demerger of an Indian entity

• Closure of Liaison office or Branch office of a foreign entity in India

• Approval for repatriation of funds to the Parent entity of the Liaison office or Branch office in India

Due Diligence Review: PERFECT undertakes due diligence exercise of business, legal and financial affairs of corporate bodies and help clients to assess business proposals, identify possible legal problems, and thus help management in taking informed corporate decisions. PERFECT’s team, having worked with Big 4 consulting firms, provide strategic advice that helps its clients seize and maximize the available opportunities while also managing and minimizing the risks. Representative list of our services: 

• Undertaking due diligence to ensure compliance with various laws by a transferee / investee company

• Financial and accounting due diligence for the purpose of investment or to ensure compliance with covenants of shareholders’ agreement

• Drafting Drafting and / or vetting of conclusive sale and purchase agreement

• Preparing the company for due diligence review by helping in creation of data room, doing clod review of the information to be provided to DDR team, advising on potential issues etc.

Management Audits: To be more responsive to the needs of our clients, PERFECT has sufficiently broadened the scope of relationship with the emphasis firmly on delivering optimum value out of the process.  Using this approach, PERFECT focuses more on client’s business and process risks and how they control them, rather than merely addressing financial statements risks. PERFECT's Management Audit Services offer a wide range of tailored services and products to enhance corporate governance, manage business risk, provide assurance on control effectiveness, and support you in achieving the organization's objectives. 

PERFECT’s Management Audit Services include: 

• Systems, Control and Process Reviews to evaluate flawless processes, effective controls and adherence to internal and external policies, guidelines and regulations.

• Compliance Reviews to identify significant noncompliance of statutory requirements, which may result in penalties and/or litigation.

• Help management in cost reduction exercise by doing detailed study of various costs and identify avoidable / high cost areas.

• Audit of specific business process to add value to the business, e.g. review of stock valuation, procurement, revenue assurance, receivables, transportation, traveling, administration cost etc.

• Preparation of accounting manual for the company to help its various group companies / locations to comply with its policies.