CORPORATE &
COMMERCIAL LAW

Dhruve Liladhar & Co. has been supporting and counselling its Clients over a large variety of corporate and commercial transactions. We have profound knowledge of the Indian economic market and we make it a point to understand the nuances of our Client’s business; which enables us to provide cost effective, practical and efficient legal solutions to their constantly changing needs and growth demands.

The Firm’s team of Solicitors and Advocates, works closely with our Clients, giving them general commercial legal advice, supporting them in negotiations, documentation and closing transactions. Even after completion of the transaction, the Firm closely monitors and advises on compliance or any follow through issues.

We have assisted our Clients on joint venture agreements, complex commercial transactions, franchising agreements, private equity investment issues, share purchase agreements, share subscription agreements, shareholders agreements, outsourcing agreements, general services agreements inducing Information technology services, managed services agreements, OEM Contracts, mergers and acquisitions, partnership agreements, consultancy agreements, privacy issues and data protection issues, general service agreements, supply and distribution agreements, licensing agreements, technical know-how licensing documents, supply and procurement of goods issues, trust deeds, memorandums of understanding, intellectual property acquisitions and licensing, website policies and documents amongst many others.

Our Clients come from various industries and sectors comprising of not only large Indian and multinational corporations, private businesses, banks, not for profit private clubs, high net worth individuals but also small & medium enterprises, start-ups and private individuals.

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By asking a question, you are doing so of your own volition and the same shall not amount to solicitation by Dhruve Liladhar & Co and/or any of its it’s members.

FAQS

What is Corporate and Commercial Law?

Corporate law is a vast subject and relates to laws, rules and regulations governing the rights, relations and conduct of person in respect of companies, organisations and businesses.
Commercial Law relates to laws, rules and regulations governing commercial business matters and issues pertaining them, which may include reviewing of paperwork relating to companies, partnerships or trusts, particularly contracts, and also drafting of business documents.

What are the documents required for incorporating a company?

The documents required for incorporation of a company are- PAN card, address proof and current residential proof of the director along with identity and address proof of all the shareholders of the Company (i.e., subscribers to the MOA and AOA. The registered address proof of the Company is also required.

What is a Limited Liability Partnership (LLP)? What are its advantages?

It is business entity that is allowed to operate in a flexible and efficient manner while providing limited liability to the partners. Advantages of an LLP are- No minimum capital requirement, no upper limit on number of partners, no requirement of compulsory audit, dividend distribution tax not applicable on LLP’s.

What is a One Person Company (OPC)? How many directors and shareholders in an OPC?

A One-Person Company or an OPC is a company that has only one person as its member. There is only 1 (one) shareholder and 1 (one) director in an OPC.

How can a private company sell its shares?

A private company can issue shares by way of private placement, rights issue of shares, issue of shares on a preferential basis, issue of sweat equity shares, issue of bonus shares or conversion of debt into shares.

What is a Shareholders Agreement?

It is an agreement made between the shareholders which governs the relationship between them. It is advisable to have a shareholder’s agreement in place to set out terms governing issue and transfer of shares, right of shareholders, directorship, etc.