Do I Need a Shareholders’ Agreement If I Already Have Equity Allotted?" #ShareholdersAgreement #StartupEquityIndia #CompanyLaw #InvestmentDeals #StartupLawIndia #LexisAndCompany Client Question: "We’ve already issued shares to investors and team members. Isn’t that enough? Why bother with a Shareholders’ Agreement now?" π€¨π #EquityConfusion #StartupFoundersIndia #LegalStartupTips #InvestorAgreements Answer (Buckle up founders! π): Equity is like marriage—you might love each other now, but what happens during a disagreement, divorce, or a surprise exit? π
π A Shareholders’ Agreement (SHA) is your company’s relationship contract! It controls how equity holders behave, vote, exit, and protect the company’s interests. Without an SHA, things can get messy. Like… full-blown courtroom drama messy! π¬⚖️ #FoundersDrama #InvestorIssues #StartupGovernance #PrivateLimitedTips π§Ύ What Does a SHA Typically Cover? ✅ Transfer of shares and lock-in periods π ✅ Board...
Is a WhatsApp Message Considered a Valid Contract in India?” π±π π Common Question by Clients: "Sir, we agreed on WhatsApp to pay for services... Now they’ve backed out. Is it a valid contract?" #ContractLawIndia #DigitalContracts #WhatsAppAgreement #LegalTips #LexisAndCompany π€ Answer: Yes... and no! π
Under Indian Contract Act, 1872 — a contract doesn't need to be on stamp paper or even signed physically . It just needs three things: ✅ Offer π€ ✅ Acceptance π ✅ Lawful consideration (money/goods/services exchanged) π° π¬ So if your WhatsApp conversation clearly shows these three, with clarity and no ambiguity — it can be treated as a valid contract in the eyes of law! π²⚖️ #IndianContractAct #OnlineAgreements #WhatsAppContract #EContracts #LegalAwarenessIndia π But wait — not everything typed is binding. If it sounds like casual chat, jokes, or lacks clear terms (like timelines or deliverables), it won't hold in court. Don’t let "bro-code...