In 2013 Nokia received a tax demand of about ₹2,080 crore for failing to withhold tax on royalty remittances. Asset freezes stopped the plant in 2014, and it took six years to restart.
BY SERVICE · Due Diligence & Contracts
Legal due diligence, contracts, disputes & director liability
A due-diligence report is issued by an Indian-qualified advocate or CS who is liable for its accuracy. Do it before any M&A, JV or tech deal.
Applies to: before M&A, joint ventures, technology agreements or appointing directorsWhat you must do
Conditional
Official
Before M&A or technology agreements. Includes accounting and legal status and a risk opinion
Source: Adullam Consulting · 2026-10-20 checked ↗Recommended
Official
English and Korean side by side
Source: Adullam Consulting · 2026-10-20 checked ↗Required
Official
Imprisonment of 3 months to 7 years is provided for. Exempt if paid before the quarterly return due date
Source: Adullam Consulting · 2026-10-03 ↗Recommended
Official
Secure your trademark before entering India
Source: Adullam Consulting · 2026-10-20 checked ↗Conditional
Official
With Supreme Court of India advocates
Source: Adullam Consulting · 2026-10-20 checked ↗Conditional
Official
Settle staff → file → strike off, in that order
Source: Adullam Consulting · 2026-10-20 checked ↗Steps & deadlines
- 1 weekAgree the due diligence scopeClient & Adullam · Source: Adullam Consulting · 2026-10-20 checked ↗
- 2–3 weeksOnline review (documents)Advocate & CS · Source: Adullam Consulting · 2026-10-20 checked ↗
- 1–2 weeksOn-site reviewAdvocate & CS · Source: Adullam Consulting · 2026-10-20 checked ↗
- 1 weekFinal due diligence reportAdvocate & CS · Source: Adullam Consulting · 2026-10-20 checked ↗
Documents to prepare
- Target company's incorporation documents and articles
- Three years of financial statements
- Key contracts
- Licences and litigation status
- Labour registration status
Time & fees Example
- Duration
- About 5–7 weeks (4 stages, example)
- Fees
- Quote by target size and scope
- Deliverables
- Due diligence report signed by an advocate and CS + Korean summary
Related Adullam platform
Post-acquisition financial due diligence with tax & accounting
Adullam Tax & Accounting ↗Recent cases
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