(3/3) 8. Compliance with Company Law : Comply with the provisions of the Companies Act, including holding annual general meetings, maintaining statutory registers, and filing annual returns with the Registrar of Companies. 9. Contractual Agreements : Draft and negotiate contracts with suppliers, vendors, customers, and other stakeholders. Ensure that contracts are legally binding and protect the interests of your startup. 10. Regulatory Compliance : Stay updated with industry-specific regulations and compliance requirements. This includes sector-specific laws and regulations imposed by regulatory bodies such as SEBI (Securities and Exchange Board of India) for startups in the financial sector. 11. Exit Strategy and Legal Documentation : Plan for potential exit strategies and document them appropriately. This could involve shareholder agreements, buy-sell agreements, or other legal documents outlining the procedures for exiting the business.
Download the medial app to read full posts, comements and news.