Terms of Use.

This website at rklcma.com is operated by Randhir Kumar Lal & Associates (“RKLCMA”, “the firm”, “we”), a partnership firm of Cost and Management Accountants registered under the Cost and Works Accountants Act, 1959 with the Institute of Cost Accountants of India (Firm Reg. No. 003299). Your use of this website is governed by the terms below. By visiting or using the website, you agree to these terms.

These Terms are written briefly and in plain language. They do not replace the engagement letter that governs any professional services the firm may provide to you, and nothing on this website is to be read as creating an obligation on the firm beyond what these Terms expressly state.

1. What this website is.

The website is the firm’s information channel. It exists to introduce the firm, describe the practice areas under which the firm accepts engagements, share the firm’s point of view on professional matters relevant to its work, and provide a channel through which prospective clients may contact the partner directly. The website is not a transactional system; it does not process payments, host client portals, or store client data.

2. Visiting the website does not create a client relationship.

Browsing this website, reading the firm’s Point of View articles, downloading or sharing material from the website, or sending an enquiry through the contact channels does not, by itself, create a professional engagement between you and the firm. A client relationship arises only when:

• An engagement letter setting out the scope, fees, deliverables, timeline, and other terms has been signed by both the firm and the client; and
• The firm has formally accepted the engagement after such checks as the firm in its judgment considers appropriate — including conflict checks, independence checks, and a mutual non-disclosure undertaking.

Until both of the above have occurred, communications between you and the firm are exploratory, and the firm does not assume the professional duties of an engaged adviser. The firm operates an NDA-first principle: every substantive engagement begins with a mutual non-disclosure agreement executed before any client data is exchanged.

3. Point of View articles are commentary, not advice.

The articles published under the firm’s Point of View section are general professional commentary intended for an informed business readership. They are not, and must not be relied on as, professional advice on any specific transaction, dispute, or situation. The frameworks discussed — including those drawn from the IIA Global Internal Audit Standards, the COSO framework, the ACFE methodology, the Companies Act 2013, the GST law, and other professional or statutory sources — are summarised at a level appropriate for general reading and may not reflect the most recent amendments or position-specific nuances applicable to your circumstances. Before acting on any matter discussed in a Point of View article, please obtain advice from a qualified professional engaged for that purpose.

4. Intellectual property.

All content on this website — including the Point of View articles, the firm’s methodology descriptions, case study summaries, the visual design and layout, the “RKLCMA” mark, and any proprietary tools or frameworks referenced — is the intellectual property of the firm, the partners, or the relevant rights-holders. You may:

• Read, save for personal reference, and share links to the website’s content with attribution.
• Quote short extracts from Point of View articles in your own professional communications with credit to the author and the firm, in accordance with fair-dealing principles under Indian copyright law.

You may not:

• Reproduce, republish, or distribute material from the website in whole or in any substantial part without the firm’s prior written permission.
• Use the website’s content for any commercial purpose without the firm’s consent.
• Use the firm’s name, marks, or partner names in any communication that suggests an association, endorsement, or relationship that does not exist.

5. Third-party links and references.

The website includes links to external services and to third-party reference sources cited within Point of View articles. The firm has no control over these external resources and accepts no responsibility for their content, availability, or practices. Linking to a third-party resource does not imply endorsement of that resource by the firm.

6. No warranty on website content.

The firm takes reasonable care to ensure that the information presented on the website is accurate, current, and useful. We do not, however, warrant that the website’s content is free from error, that the website will be continuously available, or that all references and statutory citations reflect the latest amendments. The website is provided on an “as available” basis, and the firm’s liability for any loss arising from reliance on website content (in the absence of a formal engagement) is limited to the maximum extent permitted by applicable law.

7. Limitation of liability.

To the maximum extent permitted by applicable Indian law, the firm, its partners, and its employees shall not be liable for any direct, indirect, incidental, consequential, or punitive loss or damage arising out of or in connection with your use of the website or your reliance on the content available on it — outside the scope of a formal engagement letter that addresses such liability separately. Nothing in this clause limits any liability that cannot be excluded under applicable Indian law, including liability for fraud or for any matter where exclusion would be impermissible.

8. Professional regulation.

The firm is registered with the Institute of Cost Accountants of India under the Cost and Works Accountants Act, 1959. The partners hold individual professional credentials with the Institute of Internal Auditors (USA), ISACA (USA), and the Association of Certified Fraud Examiners (USA), and the firm’s engagements are conducted in accordance with the professional and ethical standards of those bodies as applicable. The Tax, Legal & Regulatory practice is led by a partner who is a practising Advocate and a Fellow Chartered Accountant, conducted in accordance with the Bar Council and ICAI professional codes.

9. Privacy.

The firm’s handling of personal data submitted through the website is governed by the Privacy Policy, which is incorporated into these Terms by reference. By using the website you also agree to the terms of the Privacy Policy.

10. Changes to these Terms.

We may revise these Terms of Use from time to time. The “Last updated” date at the top of this page indicates when the current version came into effect. Your continued use of the website after a revision is deemed to constitute acceptance of the revised Terms.

11. Governing law and jurisdiction.

These Terms are governed by the laws of India. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts at New Delhi, India.

12. Contact.

For questions about these Terms of Use, please contact the partner directly: