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All the agreements, documents &deals only when duly written and duly executed are enforceable in law. Though this may be taken lightly during initial stages of business, but during a not-so-good period it has its own after affects.

Right from the name, address, deciding the capital, limitation of liability, agreement of investment and all the more, the purpose and object of formation of the entity, needs to be well coded and preserved to prevent one from future legal nitty-gritty’s. Even, at the initial stage of formation, one needs to agree upon the directors or managing person, his/her powers & liabilities, provisions as to conduct of meetings & approvals sought, the limits of borrowing powers, investments and such other key aspects governing the internal regulation of the entity.

Further, as a foreign investor in a Joint Venture (JV), it is important to check the legal viability & applicability of the terms agreed in the Foreign Collaboration or JV agreement. If such terms are not allowed in India and still the Indian party has agreed to it, then also it is not enforceable under Indian laws..

Thus, as a client you need to make your legal partner understand the technicalities of your businesses in order to ensure correct & apt legal structure of your business.

Corporate Law Advisory & approval Package: [Rs.5,000 per Document*]

Strategy: Giving a scope of powers to the company or LLP and defining the nature of business which it can undertake & coding the basic features and developing the shareholding based decision making & other internal regulations of the company/LLP.

Procedure: Drafting & vetting of relevant documents and incorporating necessary changes in Memorandum & Association based on various terms agreed on in the agreements.

Compliance: Finalisation and registration of documents with the concerned Registrar of Companies or LLP.