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Vidhikarya Law firm offers wide range of legal solutions spanning across different domains of practice. Experienced advocates of the Law firm cater to individuals as well as corporates legal needs. Delivery excellence and client satisfaction are pillars of the firm.
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Bangalore has competition in IT and Innovation as well. The lawyer who deals with these issues provides you with more than just preparing papers. He makes sure that you have a proper agreement among founders, protects the intellectual property and ensures that your business model follows the rules of Karnataka State and Central IT laws.
While doing a seed funding or Series funding round, the lawyer becomes necessary in doing Due Diligence, drafting term sheets and making a Share Subscription Agreement (SSA) or Shareholders Agreement (SHA).
It becomes essential while recruiting employees in Bangalore to offer equity to them. The corporate lawyer will provide legal advice on creating an Employee Stock Option Scheme, as per the Companies Act and SEBI guidelines.
In view of the growing concerns regarding data protection, corporate attorneys assist IT companies in drafting comprehensive Privacy Policy, Terms of Services, and Data Processing Agreements. These are done in light of the provisions of the DPDP Act to avoid any potential penalty.
Yes. In the case of start-ups seeking overseas funding or global expansion, legal experts will guide the founders to "flip" their corporation while adhering to the FEMA and RBI guidelines.
A Founders' Agreement is essentially a contractual agreement between the founders, outlining the responsibilities of each member, equity stake, and exit clause. This is done by a corporate attorney to avoid "deadlock" situations leading to the breakup of a potentially successful business.
Bangalore is one of the fastest-growing hubs for technology start-ups in India, making mergers and acquisitions commonplace. Corporate attorneys manage all aspects of such transactions, from the non-binding Letter of Intent (LOI) to conducting due diligence and filing regulatory requirements with the NCLT.
Together with the tax advisor, corporate attorneys play an integral part in structuring such share issuances in order for them to be consistent with Section 56(2)(viib) of the Income Tax Act, thus providing guidance in the complex process of claiming "Angel Tax" exemptions.
In technology firms, the computer code itself is the most valuable asset, which requires corporate lawyers to draft Software Licensing Agreements and MSAs. In addition, attorneys help to assign the intellectual property rights resulting from work done by employees or contractors to the company itself.
An Incorporation Lawyer deals with the conception of the company (incorporation, MOA/AOA, licensing), and the General Corporate Counsel acts as the long-term legal partner of the company (e.g., at Vidhikarya), dealing with contract law, labour law issues, corporate governance, etc.
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