Forming a business entity calls for detailed discussion on the objectives of the businessman and identifying the territory or territories of operation, scale of operations and thereafter discussing the pros and cons of a particular form of organization that is most suitable to meet the objectives. In the era of globalization we have to advise with respect to inbound as well as outbound proposals.
Setting up of companies, limited liability partnerships in India and setting up of joint ventures and wholly owned subsidiaries in India and abroad for Indian Parties and Foreign Parties is one of the much sought after services, our Firm specializes.
Drafting of charter documents such as memorandum and articles of association is not a cut and paste job. It requires discussion and proper framing of thoughts and as to how the promoters would want certain rights to be introduced in the articles. Companies Act, 2013 enables entrenching in the articles certain rights.
Operating in India or in several other regulated jurisdictions require studying the special regulatory requirements. For instance, setting up a company in the non- banking financial sector or banking sector or insurance sector requires a deeper study of applicable regulations and planning for such things in advance and it is essential to factor time and costs thereof.
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