Resource Centre | VB Legal

VB Legal Resource Center

Need-To-Know Business & Legal Issues

Search all of our legal updates on issues affecting your businesses. Below is a list of our published updates.

Mar 1, 2021

Guidelines for acquiring and producing Geospatial Data and Geospatial Data Services including maps

On the 15th of February 2021, the Department of Science and Technology (the “DST”) released a set of guidelines for acquiring and...

Dec 17, 2020

Equity Incentives for Employees

Employee incentives are crucial to attracting and retaining talent within the venture. One of the key factors that makes a start-up stand...

Nov 17, 2020

European Commission publishes draft of new standard contractual clauses

On November 12, 2020, the European Commission published a draft Implementing Decision on Standard Contractual Clauses for the transfer of...

Nov 12, 2020

SC upholds homebuyers’ right to choose consumer forums for grievance redressal

The Supreme Court has stated that homebuyers can still approach consumer forums, notwithstanding the Real Estate (Regulation and...

Oct 16, 2020

Registrar Of Companies Not Empowered To Deactivate DIN

On October 9th, 2020, a two Judge bench comprising of Chief Justice A.P. Sahi and Justice Senthilkumar Ramamoorthy of the Madras High...

Oct 12, 2020

Salient Features Of Companies (Amendment) Act, 2020

The Companies (Amendment) Bill, 2020 (“the Bill”) was passed by the Lok Sabha on 19th , September and by the Rajya Sabha on 22nd...

Sep 25, 2020

Land owners are not liable for Contravention of Provisions of RERA

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) in Rohini Muthuswami vs. Sree Vardhana Builders Pvt. Ltd. and 12 others (S.R....

Sep 24, 2020

Draft Health Data Management Policy attracts concerns regarding data privacy

The ongoing pandemic has revealed the gaps in India’s public health infrastructure. On 15th August 2020, the Prime Minister announced the...

Sep 17, 2020

Amendment to Deposit Rules giving relief to Start-Ups

The Ministry of Corporate Affairs in consultation with the Reserve Bank of India has issued Notification dated 07 September,...

Sep 10, 2020

TNRERA: New promoters must fulfil obligations owed to home buyers under original agreement to sale

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has ruled that new builders of an ongoing project will be bound to fulfil the...

Aug 22, 2020

When should you listen to your Lawyer and when should you listen to your Venture Capitalist.

Venture Capitalists are usually referred to as the force that sustains start-ups. They have earned the reputation of being the life-blood...

Aug 22, 2020

What Form Of Entity Should Be Used During Incorporation? Whether Delaware Corporation Is Recommended

Businesses of all nature ranging from a grocery store to the next start-up unicorn require a legal status to begin the money-making race....

Aug 22, 2020

Structuring Different Forms of Employment Contracts

Employment contracts, like other contracts have all the basic features of a regular contract, i.e. offer, acceptance, consideration,...

Aug 22, 2020

Should you use your lead investor’s lawyer?

When setting up your own business, finding the right resources and contacts are important. Initially, you might be figuring out how to...

Aug 22, 2020

Should you give your legal professional equity as fees

As a start-up, a preliminary concern might be to keep expenses on the low especially in bootstrapped business. Services of a legal...

Aug 22, 2020

What is the right point to incorporate company?

There are several criteria that should be kept in mind while deciding when to incorporate the company. One of the most important reasons...

Aug 22, 2020

How to prepare yourself for due diligences by Private Equity or Venture Capital Funds?

It is important to ensure that the startup idea is sound enough, legally, financially and commercially to convince the investors to put...

Aug 22, 2020

Non-Compete Agreements in a Nutshell

A Non-compete Agreement (NCA) is a contract where the employee makes a promise to the employer, that he/she will not enter into any...

Aug 22, 2020

Legal Structuring of Pay and Equity Incentives

Fair compensation is the cornerstone of an economically productive system. Without the assurance of equitable pay, incentives and allied...

Aug 22, 2020

Intellectual Property Issues to be taken into consideration for Start-ups

Starting a new company is as hard a task as any. Building an enterprise from scratch is akin to scaling a mountain from the base. In such...