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Do I Need a Shareholders’ Agreement If I Already Have Equity Allotted?

  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?" πŸ€¨πŸ“Š #EquityConfusion #StartupFoundersIndia #LegalStartupTips #InvestorAgreements Answer (Buckle up founders! πŸš€): Equity is like marriage—you might love each other now, but what happens during a disagreement, divorce, or a surprise exit? πŸ˜…πŸ’” 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! 🎬⚖️ #FoundersDrama #InvestorIssues #StartupGovernance #PrivateLimitedTips 🧾 What Does a SHA Typically Cover? ✅ Transfer of shares and lock-in periods πŸ”’ ✅ Board...
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Is a WhatsApp Message Considered a Valid Contract in India?”

  Is a WhatsApp Message Considered a Valid Contract in India?” πŸ“±πŸ“œ πŸ‘‰ 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 πŸ€– Answer: Yes... and no! πŸ˜… 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 🀝 ✅ Acceptance πŸ™‹ ✅ Lawful consideration (money/goods/services exchanged) πŸ’° πŸ’¬ 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! πŸ“²⚖️ #IndianContractAct #OnlineAgreements #WhatsAppContract #EContracts #LegalAwarenessIndia πŸ›‘ 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...

What’s a SaaS Agreement & Why Do I Need One for My Software Startup?

  What’s a SaaS Agreement & Why Do I Need One for My Software Startup?" #SaaSAgreement #SoftwareLawIndia #TechContracts #StartupIndia #IPProtection #LexisAndCompany Client Question: "We built a killer app and are onboarding users. Someone asked us for our SaaS Agreement. Do we need one this early?" πŸ˜…πŸ§‘‍πŸ’» #TechStartupIndia #SaaSStartup #ClientQueries #LegalForFounders #SoftwareBusiness Answer (ahem, lawyers assemble! 🦸‍♂️): Absolutely YES! If your startup is offering Software as a Service (SaaS) , a SaaS Agreement is the legal shield πŸ›‘️ that protects you from lawsuits, scope creeps, and nightmare clients! 😡‍πŸ’«πŸ’» It’s like Terms & Conditions — but on steroids. A well-drafted SaaS agreement defines: ✅ Scope of service & user access 🎯 ✅ Data privacy, protection & ownership πŸ” ✅ Payment terms, subscription models πŸ’³ ✅ IP rights (no one steals your code!) πŸ‘¨‍πŸ’» ✅ Liability limits & indemnity πŸ’₯ ✅ Termination clauses πŸ›‘ #StartupContra...