KNOW YOUR BUSINESS MODEL: KICK START YOUR START-UP!!
While the below table seeks to familiarise you with the modalities and requirements of doing business, it is to be understood that the same is only illustrative and the choice of business may largely depend upon the scale of operations and other relevant factors. CHOOSING THE BEST ALTERNATE BUSINESS MODEL Sl. No. Particulars Sole Proprietorship...
Read MorePROCEDURE FOR ISSUE OF SHARES TO THRID PARTY IN PRIVATE COMPANIES
PROCEDURE FOR ISSUE OF SHARES TO THIRD PARTY IN CASE OF PRIVATE COMPANIES Sl. No. Procedure Corporate Filings 1. Check from the current capital structure of the company under the Memorandum of Association and Articles of Association of the Company to allow for issue of Shares. If provided, the items as to alteration of capital...
Read MoreDRAFTING A COMPREHENSIVE HUMAN RESOURCES POLICY
HR POLICY Human Resource policies are official guidelines and rules that are put into place by a company’s HR department to hire, train, evaluate and reward staff, and also includes the grounds for disciplinary action and reprimand. A need for an HR Policy depends upon the nature and size of business, organization structure, use of...
Read MoreLIAISON OFFICE IN INDIA: FAQs
1. What is a Liaison Office? The Companies Act, 2013 allows foreign companies to set up liaison offices in India [also known as representative office] These liaison offices can undertake only certain permitted activities such as, i.e. acting as a channel of communication with the Head Office and parties in India. 2. I am a...
Read MoreDRAFT TEMPLATE OF CCPS TERM SHEET
A term sheet is a bullet-point document outlining the material terms and conditions of an Investment Transaction. Essentially, non-binding, they are used towards negotiation and drafting of core investment documents such as Share Subscription Agreements and Shareholder Agreements. Rex Law Chambers assists its clients in drafting of a suitable Term Sheet for each specific client...
Read MoreLegal Issues in Sports
Sports Law in India is nascent, yet its implications are multifarious. While participation is key to sports, it is imperative to not get locked down in a legal tangle. Legal Compliance as a Sportsman or business in sports is a challenge, and requires deliberate and persistent monitoring. CONTRACTING FOR SPORTS Can a Minor enter into...
Read MoreDRAFTING SHAREHOLDER AGREEMENTS
Shareholder Agreements, a technical document or set of documents that create rights and obligations on the shareholders of a company are the need for any corporate investment activity. A Shareholder Agreement is an agreement intended to be a re-capsulated Articles of Association for purposes including, the internal management of the company; similar to the latter...
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