Navigating the Transition: From Business Transfer to New Incorporation
Moving from a sole proprietorship, a partnership, or an existing entity into a newly incorporated company is a major milestone. Whether you are scaling up for investment or restructuring for tax efficiency, the transition involves more than just a new name—it requires a strategic transfer of business. Here is a breakdown of how to navigate this […]
How to Convert Proprietorship to Pvt Ltd
Converting a proprietorship firm into a Private Limited Company is a common step for businesses looking to scale, raise funds, and limit personal liability. Since a proprietorship and a company are legally different entities, the conversion is done through incorporation of a new company and transfer of business. This process is governed under the Companies Act, 2013 and applicable tax laws. […]
Venture Capital Funding: Legal Due Diligence Checklist
Legal Due Diligence in Venture Capital (VC) Funding is the process where investors verify a startup’s legal, financial, and operational standing before investing. It helps identify risks, validate claims, and ensure compliance with Indian laws. In India, VC due diligence is guided by laws such as the Companies Act, 2013, Foreign Exchange Management Act, 1999, and applicable tax […]
Insolvency Process Under IBC for MSMEs
The Insolvency and Bankruptcy Code (IBC), 2016 provides a structured legal framework for resolving insolvency of businesses in India, including Micro, Small and Medium Enterprises (MSMEs). It enables stressed MSMEs to either revive their business or exit in an orderly manner. IBC for MSMEs is governed under the Insolvency and Bankruptcy Code, 2016, with special provisions to support small […]