Category: Blogs

PARTNERSHIP AND LLP AGREEMENTS

  The principal document governing the affairs of a Partnership Firm or a LLP (collectively referred to as “Firm”) is the Partnership Deed or a LLP Agreement (collectively referred to as “Deed”). It is critical that the understanding of the Partners is clearly captured in the Deed. Partners incorporate a Firm, with a certain commercial […]
Read More

DIRECTOR PENALTIES – ADDRESSING THE COMPLIANCE BLINDSPOT

DIRECTOR PENALTIES – ADDRESSING THE COMPLIANCE BLINDSPOT   It is essential for a director to be aware of the legal compliance required by a Company to ensure that the Company is compliant with applicable laws and is not subject to fines or penalties. In order to ensure compliance, several laws have made Directors personally liable […]
Read More

RECOVERY FOR MSEs – SPECIAL MEDICINE FOR COMMON PAIN

Recovery of dues is a common pain point for all organizations. One benefit of obtaining a MSME registration is the availability of an additional and effective recovery mechanism under the Micro, Small And Medium Enterprises Development Act, 2006 (“MSME Act”). A registered Micro or Small entity can utilize the MSME Samadhaan portal created by the […]
Read More

FOUNDER’S PLAYBOOK FOR FUNDRAISING

FOUNDER’S PLAYBOOK FOR FUND RAISING   Fund raising is a big milestone for a company. The influx of funds opens up numerous avenues and possibilities. As a founder, it is imperative that one is aware of atleast the broad structure of the fund raising exercise to ensure that the founder group’s interests are protected. In […]
Read More

IBC – DISQUALIFICATION FOR COMPROMISE AND ARRANGEMENT

IBC – DISQUALIFICATION FOR COMPROMISE AND ARRANGEMENT   The practice of jugaad is an age-old concept in India. People from all walks of life continue to unabashedly employ tactics which allow them to take advantage of the existing loopholes and achieve objectives, which they are otherwise not entitled to. From the legal standpoint there are […]
Read More