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Case study on legal compliance audits
A major manufacturing company into the business of microchip & watches was being acquired by another major manufacturing company. The mandate by the acquirer company was to do deep due diligence on the target to identify the risk of any non compliances of the manufacturing facility that could effect the acquirer. The scope of was to cover all laws applicable to the factory unit. It was a humongous task to complete a legal compliance audit for 12 factories PAN India within a period of 30 days. LegAccord team took the challenge and made 3 different teams to cover north, south and west regions of the country. The teams travelled the factory locations and delivered a quality audit with compliance gaps and risk mitigation strategy for the client. The entire assignment was completed within the period of one month and final report was submitted to client.