A Shareholders Agreement or SHA as commonly known, is a critical transaction document in an investment transaction, it governs the rights of the shareholders of a company, provides the manner in which shareholders can deal with their shares and other important matters concerning the management and operations of the company. This knowledge series seeks […]
Knowledge Series Part 3 of 3 Part 3 – Contracts with Service Providers – Key points to consider Scope of Work and Fees: In most cases, disputes arise as expectations were not correctly set in the beginning, and both parties have a different expectation from the arrangement. It is important that both parties are aligned […]
Knowledge Series Part 2 of 3 Part 2 – Contracts with Customers – Key points to consider Scope of Work and Fees: In most cases, disputes arise as expectations were not correctly set in the beginning, and both parties have a different expectation from the arrangement. It is important that both parties are aligned from […]
Knowledge Series Part 1 of 3 Part 1 – Employment Agreements – Key points to consider Job Description and Remuneration: Responsibilities of an Employee and terms of remuneration form the basis of an Employment Agreement. It is important that the Employee and the Company are aligned from the beginning on these points. Employee’s roles and […]
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 […]
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 […]
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 […]
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 […]
ENFORCEMENT OF A FOREIGN AWARD – SC BRINGS IN CLARITY It is said that there are situations when an honest attempt is made to uncomplicate a relatively simple question of law distorted by time, it further complicates it. The humongous task recently undertaken by the three-judge bench of the Hon’ble Supreme Court proves the […]