Legal News
 

Rajasthan:Public Service Guarantee Act implemented

With an aim to provide public services in a time-bound manner,the Rajasthan government on Monday implemented the Public Service Guarantee Act in the state.

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Legal Audit
 Importance and indispensibility of legal audit

In these days when plethora of litigations are going on endlessly before different various Courts / Tribunals / and other Consumer Redressal Forums, LEGAL AUDIT is a must for Individuals, Partnership Firms, Companies, Corporates, Banks / other Financial Corporations, Borrowers / Guarantors etc. if at all they are interested to minimize the legal risk / reduce exorbitant legal expenses likely to ensue on account of pending litigations in Courts, just because of the deficiencies / lacunae / anomalies in the written papers / documentations / agreements / bye laws / covenants executed by them. Not only they can save sizeable legal expenses but also get rid of the tensions, anxieties and apprehensions / worries likely to be faced by them in the event of ceaseless litigations – which the Legal Audit will help to eliminate if not at least to reduce the same.

For instance, in the case of Human Resources Legal Audit, Legal Audit provides a unique opportunity in all its transparency to find out whether the human resources – organization and its professionals are capable and are having the adequate resources to support the organization’s stipulated strategies in the proper perspective and also in understanding whether the professionals entrusted with the management of human resources are really discharging their duties and responsibilities within the ambit of policies and programmes laid down in the procedures / modus operandi of the Human Resources Company, for promoting optimum development in Human Resources in national interest.

In fact, the check list / formal agenda of Legal Audit covers comprehensively the entire documentation / operational arenas / financing policies, mission / objectives / assets / liabilities / patents / trade marks / copy rights owned by the Company including press release by the Company – on which depends the culmination of successful implementation of the Companies’ policies, programmes and objectives within the purview of the laws of the land.

 

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