Reputation management with key stakeholders is paramount for business and organisational relationships. Unfavourable circumstances like internal employees stealing confidential data, sales force being involved in price fixing, conflict of interest identified between employees and vendors can lead to loss of reputation, erode organisation value and undermine market confidence.
When there is a crisis, there needs to be a mitigation mechanism to address it, starting with fact-finding and drawing up an action plan for redressal. Section 447 under the new Company Act 2013 provides the definition of fraud and makes extensive provision for penalising fraudulent activities. Due to this, company appointed auditors and independent directors are now seeking to implement proactive fraud- prevention solutions and are avoiding post-incident remediation processes.
Our Forensic team transforms data into insights navigating clients through crisis, controversy, corruption, fraud, cybercrime, contract disputes, litigation, regulatory investigations, insurance claims, and guides them on strategies to mitigate the disruption that naturally occurs when facing such complex matters.