Legal and Compliance

1. Company Information

Company Details

Company Name: Achhadam Fintech Private Limited
Legal Status: Private Limited Company
Registration: Under Companies Act, 2013
Business Type: Digital Agriculture Technology

Contact Information

Email: shampawarp3@gmail.com
Phone: +91 9905441890
Address: Maharashtra, India
Registered Office: 1626/1, Balasa Road, Jintur, Parbhani, Maharashtra - 431509, India

2. Regulatory Compliance

2.1 Agricultural Regulations

Compliance with Agricultural Produce Market Committee (APMC) Act
Adherence to Food Safety and Standards Authority of India (FSSAI) guidelines
Registration under Essential Commodities Act, 1955
Compliance with Agricultural Marketing Infrastructure guidelines
Following National Agricultural Policy 2000

2.2 Digital Platform Regulations

Information Technology Act, 2000 compliance
Digital Personal Data Protection Act, 2023
Intermediary Guidelines and Digital Media Ethics Code
Cyber Security Framework compliance
E-commerce Rules, 2020 adherence

3. Financial Compliance

3.1 Tax Compliance

Goods and Services Tax (GST) registration and compliance
Income Tax Act, 1961 compliance
Tax Deducted at Source (TDS) provisions
Professional Tax registration (where applicable)
Annual tax returns filing

3.2 Financial Regulations

Reserve Bank of India (RBI) guidelines for payment systems
Prevention of Money Laundering Act (PMLA) compliance
Know Your Customer (KYC) and Anti-Money Laundering (AML) policies
Foreign Exchange Management Act (FEMA) compliance
Securities and Exchange Board of India (SEBI) regulations (if applicable)

4. Data Protection and Privacy

4.1 Data Protection Framework

Digital Personal Data Protection Act, 2023 compliance
Data localization requirements
Consent management system
Data breach notification procedures
Right to be forgotten implementation
Data portability provisions

4.2 Privacy by Design

Privacy impact assessments
Data minimization principles
Purpose limitation compliance
Storage limitation policies
Transparency in data processing
User consent mechanisms

5. Intellectual Property Rights

5.1 IP Protection

Trademark registration for company name and logo
Copyright protection for software and content
Patent applications for innovative technologies
Trade secret protection protocols
IP licensing agreements

5.2 Third-Party IP Respect

Open source license compliance
Third-party software licensing
Content licensing agreements
IP infringement monitoring
DMCA takedown procedures

6. Labor and Employment Compliance

6.1 Employment Laws

Industrial Disputes Act, 1947 compliance
Employees' State Insurance (ESI) registration
Employees' Provident Fund (EPF) compliance
Minimum Wages Act adherence
Equal Remuneration Act compliance
Sexual Harassment Prevention policies

6.2 Workplace Safety

Occupational Safety and Health standards
Workplace safety protocols
Emergency response procedures
Health and safety training programs
Accident reporting mechanisms

7. Environmental Compliance

7.1 Environmental Regulations

Environmental Impact Assessment (EIA) compliance
Air and Water Pollution Control Act adherence
Hazardous Waste Management Rules compliance
E-waste Management Rules adherence
Carbon footprint monitoring
Sustainable business practices

7.2 Green Technology

Renewable energy usage
Energy-efficient infrastructure
Waste reduction initiatives
Paperless operations
Carbon offset programs

8. Industry-Specific Compliance

8.1 Agricultural Technology

Agricultural Technology Management Agency (ATMA) guidelines
National Mission on Agricultural Extension and Technology (NMAET)
Digital India initiatives compliance
Startup India scheme benefits
Make in India program participation

8.2 E-commerce Regulations

Consumer Protection (E-commerce) Rules, 2020
Liability of intermediaries
Grievance redressal mechanisms
Return and refund policies
Product liability compliance

9. Compliance Monitoring

9.1 Internal Controls

Regular compliance audits
Internal control systems
Risk assessment procedures
Compliance training programs
Whistleblower protection policies
Ethics and code of conduct

9.2 External Oversight

Statutory audit requirements
Regulatory reporting obligations
Government inspection compliance
Third-party certification
Industry association membership

10. Dispute Resolution

10.1 Grievance Redressal

Multi-level grievance redressal system
Ombudsman appointment
Alternative dispute resolution (ADR)
Arbitration and mediation services
Consumer forum access

10.2 Legal Framework

Jurisdiction: Courts in Maharashtra, India
Governing law: Indian laws
Arbitration Act, 2015 compliance
Consumer Protection Act, 2019
Commercial Courts Act, 2015

11. Contact for Compliance

Compliance Officer

Company: Achhadam Fintech Private Limited

Email: shampawarp3@gmail.com

Phone: +91 9905441890

Address: Maharashtra, India

Registered Office: 1626/1, Balasa Road, Jintur, Parbhani, Maharashtra - 431509, India

Response Time: 24-48 hours

12. Policy Updates

This Legal and Compliance document is reviewed annually and updated as per regulatory changes. Any significant changes will be communicated to all stakeholders through appropriate channels.

Note: This document is for informational purposes only and does not constitute legal advice. For specific legal matters, please consult with qualified legal professionals.