<h1>LLP awards press release risks: ensure accurate registrations, truthful claims, data-consent, disclosure of paid promotions and SEBI rule compliance</h1> A private limited liability partnership circulated a press release promoting an awards initiative that recognises professionals and businesses across sectors and asserts ISO/MSME certification and registrar status. From a corporate and regulatory perspective, the communication raises compliance issues including accuracy of statutory registrations and certifications, truthful advertising and endorsements, data-protection consent for published personal details, and transparency about commercial relationships or paid promotions. If award promotion implicates securities or investor solicitation, SEBI rules on market communication may apply. Misleading claims about a distressed entity's status could attract scrutiny under insolvency laws. Entities should verify disclosures and retain documentary support to mitigate enforcement risk.