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Rakesh Kaushik (self employeed)     30 April 2012

Statutory obligations of a media/ film production house

Hi,

I want to know about statutory obligations of a media/ film production house which is involved in production of ads and films as documentary, animation and feature films.

Further is there any requirement of any licence for starting such business? If yes then who is the licencing authority? Please enlighten me.

 

Regards


Rakesh Kaushik



Learning

 2 Replies

Rajesh Hazra (Mediator and Legal Counsel )     01 May 2012

Dear Rakesh,

You need the complete study and research on the Legal Compliance of your Company to have error free statutory checklist .

Rajesh Hazra (Mediator and Legal Counsel )     01 May 2012

Hereis the simple steps for us to do The LEGAL COMPLIANCE AUDIT process comprises the following steps :

􀂄 Prepare checklists for verification of records.

􀂄 Prepare a list of documents to be checked.

􀂄 Draw up a timetable.

􀂄 Know the people to interact with.

􀂄 Depute the persons to do checking.

􀂄 Commence the LEGAL COMPLIANCE AUDIT process.

􀂄 Review progress at suitable intervals depending upon coverage.

􀂄 Complete the LEGAL COMPLIANCE AUDIT.

􀂄 Make a draft LEGAL COMPLIANCE AUDIT Report.

􀂄 Discuss non-compliances or inadequate compliances for corrective action, e.g. non-filing and late filing of forms.

􀂄 Discuss substantive issues, if any

􀂄 Make final LEGAL COMPLIANCE AUDIT Report. The reporting is done on quarterly basis.


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