Contract Perusal

Co-Founders' Agreement

Co-Founders’ Agreement: Annotation of the Key Considerations

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A co-founders’ agreement is a legal document that describes each founder’s roles, duties, and responsibilities, that helps in resolving potential disputes that might arise in the future. It is usually produced in the early phases of a company’s establishment, when the founders are laying the foundation for their enterprise. In his book, ‘The Founder’s Dilemma’, […]

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The picture depicts two developers and one service user successfully launching a technology developed

Navigating Technology Development Agreement: Models and Key Constituents

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Technology adoption in any business is an unequivocal requisite to sustain and stay relevant in today’s digitally driven and automated world. Integrating technology helps enterprises unlock high level of efficiency, productivity, improved decision making and scalability for their ventures.  Generally, businesses have opted for off-the-shelf technology solutions to automate their operations. However, in the present

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Document shown as term sheet for early stage investment

Key Constituents of an Early Stage Term Sheet: Founder’s View-Point

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Any private equity investment transaction in a venture may have multiple stages to it. Right from pitching to closing a particular transaction, each stage is backed by its own nuances and processes. When any venture receives an investment commitment from a potential investor, the same is outlined in a term sheet, which becomes the genesis

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What is a Condition Precedent in a Contract? And How is it relevant?

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Background:In the late of August 2021, PayU (a Netherlands based fintech group) announced acquisition of BillDesk (an Indian payment gateway provider) for a whooping USD 4.7 Billion, which was supposed to be the second largest buyout of an Indian digital technology company after Walmart’s acquisition of Flipkart for USD 16 Billion back in 2018. [1]

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Enforceability of a Non-Compete Clause in the Indian context

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The term ‘moonlighting’ has found its relevance post-pandemic. Many employees have figured ways to explore the flexibility and spare time to make some extra money. On the other hand, many employers seemed seriously concerned by the dual employment taken up by their employees for many reasons including the leak of confidential and technical know-how, and

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