Living with the times

A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • ESOP to employees outside India – Part V of the Series

    ESOP to employees outside India – Part V of the Series

    We’re probably making the startup founder an expert on ESOPs :).  Startups who work with us understand our obsession of making them a success. In this post, we’ll discuss about legal aspects of ESOP to employees of the Indian company based

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • VC Funding and treatment of ESOP – Part IV of the Series

    VC Funding and treatment of ESOP – Part IV of the Series

    This is the fourth part of the Series on ESOP. We’ll discuss about how Venture Funds view Employee Stock Option Plan (ESOP). Almost always VC’s investment is on a fully-diluted-basis (FDB for short). FDB means the number of shares that

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • De-mystifying ESOP Implementation – Part III of the series

    De-mystifying ESOP Implementation – Part III of the series

    It is nice to have you come back for more. In this post, we’ll cover the nuances for implementing an Employee Stock Option Plan (ESOP) through a Trust (formed under the Indian Trusts Act) This is a little complex compared

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • De-mystifying ESOP Implementation – Part II of the series.

    De-mystifying ESOP Implementation – Part II of the series.

    The previous post covered the Basic Primer on Employee Stock Option Plan (ESOP/ Plan) In this post, we’re going to chart out a clear ‘How To’ process for Startups. Most startups know about ESOP Trust. May be, because amongst the

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • All about ESOPs – Part I of the series

    All about ESOPs – Part I of the series

    An Employee Stock Option Plan (ESOP) is an option given to the employees to buy the shares of the Company. Until the option is exercised and converts into a share, an option holder does not get any shareholder rights of

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • Present Sir ! Board meetings through video conferencing counted for Quorum.

    Present Sir ! Board meetings through video conferencing counted for Quorum.

    After almost 13 years of constant request by the industry, Ministry of Corporate Affairs (MCA) considers Directors attending Board / Committee Meetings through video conferencing as valid quorum.  Read the circular here http://goo.gl/HhI1f. I remember program co-ordinating Companies Bill, 1997 held

    Sharda Balaji
    By Sharda Balaji over 8 years ago
  • Creation of ESOP Trust - Why complicate?

    Creation of ESOP Trust - Why complicate?

    Many small sized organizations prefer to have the Board approving the grant of stock Options.  In large organizations, they either have a Compensation Committee or set up a Trust. Many Indian companies, including Infosys Limited, have used trust route to

    Sharda Balaji
    By Sharda Balaji almost 9 years ago
  • Foreign Direct Investment is now permitted in LLPs

    Foreign Direct Investment is now permitted in LLPs

    The Cabinet Committee on Economic Affairs (CCEA) on the 11May 2011 approved the proposal to amend the policy on allowing Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) firms.  A Notification to this effect (which covers minutia) is still

    Sharda Balaji
    By Sharda Balaji almost 9 years ago
  • Liquidation Preference.  Does it really work?

    Liquidation Preference. Does it really work?

     Liquidation Preference, simply put, is a term used in venture capital contracts to specify that the investors get paid in preference to other parties.  The shareholders agreement (SHA) describes how much they get paid and in preference to whom. SHA,

    Sharda Balaji
    By Sharda Balaji almost 9 years ago
  • Working on your start-up in stealth-mode while being employed?

    Working on your start-up in stealth-mode while being employed?

    It takes time from ideation to actual execution.  Those who are employed many a time would like to have the cushion of a monthly salary when still perfecting the idea and getting close to execution, so that the bills can

    Sharda Balaji
    By Sharda Balaji about 9 years ago
  • Choosing an Advisory Board for Startups

    Choosing an Advisory Board for Startups

    We all need a sounding board to bounce off our thoughts and get good advice.  For startups it is a very valuable and powerful management tool, to have an experienced person who has ‘been there and done that’ to actually

    Sharda Balaji
    By Sharda Balaji about 9 years ago
  • Founders' Agreement

    Founders' Agreement

    Most founders begin their startup with their friends, colleagues or someone who they have known in the past. The earlier social relationship is now an economic relationship and it is essential to have a strong contractual agreement. There are some

    Sharda Balaji
    By Sharda Balaji about 9 years ago
All Resources

Sometimes talking gives solution

Contact us for more information about our services and how we can help

Contact
Disclaimer

As per the rules of the Bar Council of India, we are not permitted to advertise or solicit work. By accessing and browsing through this website, all users agree and acknowledge that the content of this website is for informational purposes only and that there has been no form of solicitation, advertisement or inducement by NovoJuris Legal or its members, in any form. No information provided on this website should be construed as legal advice and NovoJuris Legal shall not be liable for consequences of any action taken by relying on the information provided on this website.