How Can I Protect My Startup with a Founders’ Agreement? 🚀📜" Hello, startup enthusiasts and founders! 🌟 A crucial question we often get is: "Why do I need a founders’ agreement for my startup?" #FoundersAgreement #StartupProtection #LegalFoundationsIndia When you’re building your dream startup, it’s essential to protect your vision and the roles of each founder. A Founders' Agreement is the blueprint that ensures your startup operates smoothly, even in the toughest times. Let’s break it down! 1️⃣ What is a Founders' Agreement? A Founders’ Agreement is a legal contract that outlines the roles, responsibilities, and expectations of each founder in a startup. It ensures that everyone is on the same page and covers areas like: 🔹 Ownership and Equity Split: Who owns what percentage of the company. 🔹 Decision-Making Authority: How key decisions will be made (e.g., board meetings, voting rights). 🔹 Intellectual Property: Who owns the IP created by the start...
How Can I Resolve a Commercial Dispute Without Going to Court?” ⚖️💼 💡 Court cases can be time-consuming and expensive! So, what if there’s a faster, cheaper way to settle a commercial dispute? A common question we hear from clients is: “How can I resolve a commercial dispute without going to court?” 👉 #CommercialDispute #AlternativeDisputeResolution #BusinessLawIndia The Answer: Use Alternative Dispute Resolution (ADR)! 🔄 ADR methods like mediation , arbitration , and negotiation can help you settle disputes without stepping foot in a courtroom. These processes are often quicker, more flexible, and less costly than traditional litigation. 👉 #Mediation #Arbitration #ADRIndia Types of Alternative Dispute Resolution (ADR) in India 🛠️ 1️⃣ Mediation : A neutral third party helps the disputing parties reach a voluntary agreement. 2️⃣ Arbitration : A neutral arbitrator makes a legally binding decision after hearing both sides. 3️⃣ Conciliation : A conciliator meets with both pa...