T R Chadha & Co LLP

Supreme Court Launches Online Mediation Training Portal! The Supreme Court has launched an online mediation training portal to enhance Alternative Dispute Resolution (ADR).  This initiative addresses the increasing demand for skilled mediators and aims to reduce the burden on traditional court systems. Key Features : 1. Comprehensive Curriculum: The training covers mediation principles, conflict resolution strategies, ethical considerations, and practical mediation skills. 2. Interactive Learning: The portal offers video lectures, case studies, simulations, and quizzes, providing an engaging learning experience. 3. Certification: Participants will receive a recognized certification, standardizing mediator qualifications and enhancing the credibility of ADR processes. 4. Flexible Access: Users can complete the training at their own pace, making it accessible to a diverse audience, including legal professionals and individuals in remote areas. 5. Integration with ADR Framework: The portal will facilitate the appointment of trained mediators in cases suitable for mediation. This initiative is expected to increase the number of trained mediators, reduce court backlogs, and promote non-adversarial conflict resolution. It also aims to raise public awareness of the benefits of ADR, such as cost-effectiveness and speed. In summary, the Supreme Court's online mediation training portal represents a significant advancement in modernizing dispute resolution practices, improving access to mediation, and fostering a more collaborative legal environment. #supremecourt #adr #drp #training #trc

Post-Covid scenario for CSR & NGO! Post-COVID, Corporate Social Responsibility has undergone a transformation, with businesses increasingly emphasizing transparency, impact measurement, and compliance.  For NGOs, this has meant a shift towards more stringent funding models and reporting standards, requiring an elevated focus on governance and accountability. As compliance requirements tighten, NGOs are adopting tech-driven solutions for reporting and governance, ensuring transparency and accountability. This evolving outlook calls for agility and collaboration, a trend that will shape the future of both CSR and the NGO sector.

India is poised to become the world’s top destination for medical tourism, with a target to triple its revenue to USD 13 billion in just four years. But what exactly does medical tourism entail? Medical tourism refers to individuals traveling abroad to receive medical treatment, often seeking high-quality care at competitive prices. India’s unique blend of advanced healthcare facilities, skilled professionals, and diverse treatment options makes it an attractive choice for international patients. Various industries are coming together to bolster this vision: 1. Healthcare Providers: Leading hospitals and clinics are enhancing their infrastructure, offering cutting-edge technologies and specialized treatments. 2. Travel and Hospitality: The tourism sector is developing tailored packages that combine medical treatment with travel experiences, ensuring a seamless journey for patients. 3. Insurance Companies: Innovative health insurance plans are emerging, designed specifically for medical tourists, making treatment more accessible and affordable. 4. IT and Tech: Telemedicine and health-tech solutions are streamlining processes, improving patient care, and facilitating communication between doctors and patients worldwide. 5. Education and Training: The emphasis on medical education ensures a steady supply of qualified healthcare professionals who can cater to the increasing demand. As these sectors collaborate, India is not only enhancing its healthcare ecosystem but also positioning itself as a global leader in medical tourism. Together, we can make this vision a reality! #medicaltourism #healthcare #india #globalleadership #innovation #collaboration #trc

Dussehra is the celebration of the triumph of good over evil. Let us all today promise to let go of everything negative and turn towards everything positive. Happy Dussehra from Team T R Chadha & Co LLP #dussehra #festivites #wishes #trc

Sustainability isn’t just a corporate responsibility but a financial imperative.

Wishing you a blessed Durga Puja! Just as Maa Durga symbolizes the strength of togetherness, let’s celebrate the unity that empowers us all. Team T R Chadha & Co LLP wishes you a joyous Durga Puja!

Have you heard about PCAF? More than 50% of the world’s largest banks are already adopting or committed to PCAF standards. The Partnership for Carbon Accounting Financials (PCAF) is a global initiative that provides a standardized framework for financial institutions to measure and disclose the carbon emissions associated with their loans and investments. Essentially, it helps banks, asset managers, and other financial firms calculate their “financed emissions”—the emissions resulting from activities they finance or invest in. PCAF plays a crucial role in ensuring that these institutions measure and disclose their financed emissions, aligning them with climate risk management strategies worldwide. As of 2023, over 300 financial institutions globally have joined PCAF, representing $78 trillion in total assets. PCAF-aligned institutions can reduce their financed emissions by 7-8% annually, accelerating progress toward net-zero targets. Financial institutions are key drivers in the fight against climate change, influencing sectors like energy, manufacturing, and transport. Standardizing carbon accounting is essential to assess the climate risk in portfolios and ensure investments align with net-zero goals. By joining hands, we can collectively address climate risks and shape a more sustainable financial ecosystem. #sustainability #pcaf #climateriskmanagement #carbonaccounting #netzero #trc

The role of accountants is evolving beyond traditional compliance and reporting to becoming strategic advisors who play a critical role in driving business resilience and growth. This shift is largely driven by technological advancements, changing regulatory landscapes, and increased market volatility. Here’s how the role is transforming: 1. Data-Driven Insights With the rise of automation and AI in accounting, routine tasks like bookkeeping and compliance are becoming more streamlined. This frees accountants to focus on analyzing data and providing actionable insights.  They help businesses understand financial trends, forecast cash flows, and identify opportunities for growth. 2. Risk Management Accountants are now more involved in identifying and mitigating risks.  By evaluating financial data in real time, they can detect potential threats, whether related to cash flow issues, regulatory non-compliance, or market shifts. Their proactive role strengthens business continuity strategies. 3. Strategic Decision-Making Accountants are now part of key decision-making processes.  Whether it’s advising on mergers, acquisitions, or investment strategies, they provide valuable input on the financial health and long-term sustainability of decisions. Their ability to align financial strategies with business goals positions them as trusted advisors. 4. Sustainability and ESG Reporting With growing focus (ESG) factors, accountants are tasked with ensuring businesses meet these reporting requirements. They help organizations align financial performance with sustainability goals, which is increasingly tied to brand value and investor confidence. 5. Technology Integration Accountants today must understand how emerging technologies like blockchain and cloud accounting impact financial management. They help companies integrate these tools for better accuracy, transparency, and scalability, all of which contribute to operational efficiency and growth. 6. Adapting to Regulatory Changes With constantly evolving tax laws, international accounting standards like IFRS, and local regulations, accountants must ensure that companies remain compliant. In this new paradigm, accountants are indispensable not only for ensuring compliance but for shaping business strategies that foster resilience and sustainable growth.  Their expanded role transforms them into key drivers of organizational success. #accountants #transformation #newroles #automation #trc

May her blessings guide you through every challenge, filling your life with courage and prosperity. Wishing you a joyful and empowering Navratri from Team T R Chadha & Co LLP .. #trc #navratri

Just as the charkha symbolizes unity and collaboration, let’s join hands to shape a future grounded in integrity and excellence. The T R Chadha & Co LLP team wishes you a Happy Gandhi Jayanti! #gandhijayanti #charkha #collaboration