In a convertible note, an investor gives money to a company as a loan. Instead of getting their money back with interest, this loan can turn into equity in the company later. The investor gets a little extra reward for taking the risk of supporting a startup in its early stages. When founders use a convertible note, everyone usually expects that the startup will get more money in the future from ......

In today's fast-paced business world, confidentiality is paramount. Companies and individuals alike rely on the protection of sensitive information to maintain a competitive edge and safeguard their innovations. This is where a Non-Disclosure Agreement (NDA) comes into play. An NDA is a legal contract that establishes the ground rules for sharing confidential information while ensuring that the re......

Financial Creditor can initiate insolvency resolution proceedings. "Financial creditor" means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to - Section 5(7) of Insolvency Code, 2016. A financial creditor means a creditor whose claim arises out of a transaction in liquidity entered into by such creditor with the compan......

Quorum is the minimum number of members whose presence is necessary for conducting the meeting. Quorum in case of Public Companies If the number of Members is not more than 1000 5 Members personally present If the number of members is more than 1000 but upto 5000 15 members personally present If the number of members is more than 5000 30 members personall......

A Brief Summary on E-way Bill A waybill is a receipt or a document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods and the details include name of consignor, consignee, the point of origin of the consignment, its destination and route. Electronic-Way bill (E-Way Bill) is a electronic way bill for the movement of goods to be generated on e-w......