FAQs
Answers to the questions clients ask us most.
Spanning incorporation, compliance, taxation, litigation, IBC and restructuring. For anything not covered below, write in via the contact form and we will respond.
General
What services does Krit Corp provide?
End-to-end advisory across incorporation, compliance, taxation,
litigation, agreements, IBC, restructuring, OTS funding, and
debt aggregation for ARCs.
Who do you serve?
Startups, SMEs, corporates, promoters under financial stress,
and individuals requiring tax or legal support.
Do you provide complete support or only advisory?
We offer full handholding — from planning and documentation to
execution, representation, and resolution.
Business Setup & Structuring
Which business structure is right for me?
Based on funding, liability, compliance, and tax efficiency, we
recommend the most suitable structure for your goals.
How long does incorporation take?
Typically 5–10 working days, subject to approvals.
Do you assist with startup structuring and funding readiness?
Yes — cap table structuring, shareholder agreements, and
investor readiness support.
Compliance & Governance
What are the key corporate compliance requirements?
ROC filings, board processes, statutory registers, and
event-based compliances.
What if compliances are missed?
Penalties and disqualification risks can follow. We assist in
regularization and compounding.
Do you provide ongoing compliance support?
Yes, through structured monthly and annual packages.
Taxation
Do you handle GST and Income Tax?
Yes — registrations, filings, advisory, and planning.
Can tax liability be optimized legally?
Yes, through strategic structuring and eligible deductions.
Do you handle tax notices and assessments?
Yes, including representation before tax authorities.
Litigation & Dispute Resolution
What disputes do you handle?
Tax, corporate, contractual, banking, and insolvency-related
disputes.
Do you represent clients before courts and tribunals?
Yes — representation before NCLT, DRT, tax authorities, High
Courts, and the Supreme Court through our legal team.
Agreements & Documentation
Why is professional drafting important?
Ensures clarity, minimizes disputes, and protects financial
interests.
What agreements do you handle?
Shareholder, founder, employment, vendor, and commercial
agreements.
IBC, OTS & Financial Stress Advisory
What is IBC and when does it apply?
The Insolvency & Bankruptcy Code applies in cases of debt
default and creditor-driven insolvency actions.
Do you assist stressed businesses?
Yes — debt restructuring, OTS (One-Time Settlement) funding
support, and insolvency resolution.
Do you assist creditors and ARCs?
Yes — debt aggregation, acquisition structuring, and recovery
strategy support.
Business Restructuring & Strategy
What is business restructuring?
Financial, operational, and legal reorganization to improve
performance.
When should restructuring be considered?
During financial stress, high debt, or declining profitability.
Engagement & Value
Who will handle my case?
A multidisciplinary team of CS, CA, Advocate, and Resolution
Professional.
How are your fees structured?
Fixed, retainer-based, or case-specific depending on scope.
How do we get started?
Reach out via the website, email, or phone for an initial
consultation.
Why choose Krit Corp?
Integrated expertise, practical solutions, and true end-to-end
execution from setup to resolution.