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This presentation covers and discusses in detail, the various entities, the start-up India initiative, the intellectual property aspect as well as the founders agreement. Please view the presentation using the link herein-below: Presentation on Legal Aspects for Start-ups Part 1 Authors: Prashant Jain, Co-Founder & Partner; Anita Dugar, Senior Associate. Disclaimer: The content of this […]

This presentation covers and discusses in detail the aspects with regard to funding, various definitive agreements, due diligence and the employee stock option scheme. Please view the presentation using the link herein-below: Presentation on Legal Aspects for Start-ups Part 2 Authors: Prashant Jain, Co-Founder & Partner; Anita Dugar, Senior Associate. Disclaimer: The content of this […]

Samisti Samvid Series- Part 1 Webinar on Legal Aspects for Start-Ups. Please watch the recording here:

A. INTRODUCTION:  Foreign Exchange Management Act, 1999 (FEMA) is administered through the authorized persons and is based on the declarations and averments made to them by persons while undertaking the transactions. The Reserve Bank, therefore, has prescribed various reports and forms under FEMA to be submitted by/ through Authorized Persons/ Authorized Dealer Category – I […]

We are glad to invite you to the Samisti Samvid Series (SSS). This webinar series is specially designed for start-ups and early-stage companies for providing an insight into the legal aspects which are critical in nature. To view more details, please click here: https://mailchi.mp/533447f9ac12/samisti-samvid-series-sss-webinar-for-start-ups?e=8a583bf80e

A. INTRODUCTION On 15th November, 2019, a notification was issued by the Ministry of Corporate Affairs which has rendered the insolvency and bankruptcy proceedings against personal guarantors to be governed by the Insolvency and Bankruptcy Code, 2016 (“IBC”) and the regulations in this regard came into force as on 01st December, 2019. For the purpose […]

A. INTRODUCTION: The Ministry of Corporate Affairs vide notification dated 18th May, 2016 has notified certain provisions under the Companies Act, 2013 (“CA, 2013”) for the setting up of Special Courts to specifically deal with and dispose of criminal offences under the CA, 2013 which are punishable with imprisonment of a period of 2 years […]

A. INTRODUCTION: Contravention is a breach of the provisions of the Foreign Exchange Management Act (FEMA), 1999 and rules/ regulations/ notification/ orders/ directions/ circulars issued thereunder. Compounding refers to the process of voluntarily admitting the contravention, pleading guilty and seeking redressal. The provisions of section 15 of FEMA, 1999 permit compounding of contraventions. The Reserve […]

A. INTRODUCTION: Class Action Suits, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member of that group. The concept of class action suits originated in the United States in the 18th […]

A. INTRODUCTION: With the growing job opportunities and the increase in competition, companies have to ensure that there is a minimization of attenuation and attrition of employees. For the purpose of ensuring the same, the companies offer incentives to their employees in the form of stock options and shares to ensure that the employees are […]