Start-Ups

Understanding the LLP Significant Beneficial Owners Rules 2023

Understanding the LLP Significant Beneficial Owners Rules 2023

Understanding the LLP Significant Beneficial Owner Rules 2023 The Ministry of Corporate Affairs on November 9, 2023, has notified the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 (“SBO Rules”). The SBO Rules now obligate LLPs to ascertain whether an individual qualifies as an Significant Beneficial Owner (“SBO”). Up until now, only companies were subjected …

Understanding the LLP Significant Beneficial Owners Rules 2023 Read More »

Investigations in Public Interests and Into Ownership Under Companies Act: An Overview

Investigations in Public Interests and Ownership Under Companies Act

Background Recently, the Ministry of Corporate Affairs (“MCA”) launched an investigation into the affairs of Hero MotoCorp Limited under Section 210(1)(c) read with Section 216 of the Companies Act, 2013 (“2013 Act”). This development makes it germane to understand what these powers entail and the consequences thereof. Necessary In Public Interest Section 210(1)(c) of the …

Investigations in Public Interests and Ownership Under Companies Act Read More »

Governing The Startups: Towards A More Sustainable Growth

Governing The Startups: Towards A More Sustainable Growth

The Current Picture India has the third largest startup-ecosystem in the world with more than 100 unicorns till 2023. The funding environment for early stage Startups, especially seed and Series A investment continues to be vibrant in India, despite there being a decline in funding for growth-stage and late-stage Startups primarily due to the global …

Governing The Startups: Towards A More Sustainable Growth Read More »

Preventing Fraud in the Indian Startup Ecosystem

Preventing Fraud in the Indian Startup Ecosystem

How The Indian Startup Ecosystem Can Take Proactive Steps To Prevent Siphoning of fund & Fraud? In recent years, the Indian startup ecosystem has seen tremendous growth. Several companies have emerged as unicorns and industry leaders, backed by both Indian and international venture capital and private equity firms.  However, the ‘Blitzsclaling’ (termed by LinkedIn cofounder …

Preventing Fraud in the Indian Startup Ecosystem Read More »

unraveling the flipping phenomenon among indian startups

Unraveling The ‘flipping’ Phenomenon Among Indian Startups

Introduction  In the evolving landscape of Indian entrepreneurship, the phenomenon of Indian startups ‘flipping’ into foreign jurisdictions has emerged as a strategic maneuver, capturing the attention of founders, investors and industry observers. This trend, marked by the relocation of startup headquarters to international destinations such as US and Singapore, brings forth a myriad of implications …

Unraveling The ‘flipping’ Phenomenon Among Indian Startups Read More »

Navigating Offer Letters and Employment Agreements for Startups

Navigating Offer Letter & Employment Agreements for Startups

Any startup be it fintech, cleantech, mobile, software, hardware, IT, food, health, etc. will need to invest time and effort into drafting and executing multiple legal documents with their employees such as Non-Disclosure Agreements, Offer letter, Employment Agreement, etc. A well drafted document will capture the existing understanding between the parties and will help in mitigating …

Navigating Offer Letter & Employment Agreements for Startups Read More »

Legal Foundations for Startups

Top 11 Legal Checklist for Startups in India

Coming up with an idea for a start-up and securing sufficient funds to get their business off the ground is only half the battle won for entrepreneurs. Entrepreneurs still have a long road ahead of them before their business is truly up and running. Entrepreneurs must consider the legal upshot and unless they secure their start-up with solid legal support, they are sure …

Top 11 Legal Checklist for Startups in India Read More »

Understanding the Critical Role of Lawyers for Your Startup

A Lawyers Role In Development of Your Startup

When entrepreneurs get their business off the ground, their primary focus is on the product or service they are selling, the supply chain and other related technicalities. While entrepreneurs need to prioritize this, they must be prudent and not overlook the legal implications of their business strategy. As an entrepreneur, having trusted legal advisors is …

A Lawyers Role In Development of Your Startup Read More »

How Can Startups Save Money On Legal Services

How Can Startups Save Money on Legal Services?

Start-ups have to keenly oversee all aspects of their operations, including the quality of their products or services, the supply chain, market, and the economy. Importantly, entrepreneurs have to use this information to deploy the investment in their company wisely and in a manner that yields profits. Making wise decisions entails enlisting the services of …

How Can Startups Save Money on Legal Services? Read More »

burgeon law white logo

Disclaimer

As per the rules of the Bar Council of India, law firms are not permitted to solicit work and advertise.

By clicking the “Agree” button and accessing the website www.burgeon.co.in, the visitor fully understands and accepts that the contents herein are solely for informational purposes and should not be interpreted as solicitation or advertisement. The firm is not liable, in any manner, for the consequences of any action taken by a visitor relying on materials/ information provided on the website. The firm urges visitors to seek independent legal advice for any legal issues.