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LexGyaan

Important Compliance Alerts for Q3 2018

Form FLA Form EMF Form EMF ( < 5 investors) Form DIR-3

What’s in a name? A lot!

The first thing I did once we had finalized the name for our start-up was to check if the name was available or if someone had already...

Deterred by prohibitive expense for filing patents in India?

What are the benefits for startups? A startup can now select from a list of about 280 facilitators listed on the...

Term Sheets: To be bound or not to be bound!

In January this year, one of my clients (a VC) came to me with a new investment mandate along with specific instructions to close the...

What happens if an employee leaves the company before the shares have vested?

This depends on the ESOP policy of the company. The norm is for the unvested ESOPs to lapse upon cessation of employment. This means that...

Revival of Company Struck Off by Registrar Of Companies, India (“ROC”)

Click HERE to Schedule A Call Over 2,00,000 companies which have not filed their annual returns and balance sheet for 3 consecutive...

If one is incorporated as a private limited company does he need to get a trade license

Trade license is permission granted in form of a certificate by State government to carry on any business/trade for which it is issued....

Is it mandatory to have audited balance sheet for a newly formed private limited company?

A private limited company is the most popular form of starting a business, there are various compliances which are required to be...

Designing your Stationary? Ensure you include these.

Under the Companies Act in India, every company is required to mention certain items on its letterhead and visiting cards. It is...

UNION BUDGET 2018

Below is a summary of the significant announcements made in the Budget today, being updated on a real time basis: 1. Women employee’s...