Impact of PMLA Amendments on Virtual Digital Asset Transactions
The Ministry of Finance has notified an amendment in Prevention of Money-Laundering Act, 2002 (“Act”) by way of Notification No. S.O. 1072(E) dated 07.03.2023 (“Notification”). The Act has been amended to include cryptocurrency or virtual digital assets (“VDA”) transactions within its scope.
De-Coding the Co-Founders Agreement
Starting a new business involves a lot of risks. A Co-Founders’ Agreement, like all other contracts, helps in navigating the founder’s day-to-day operations & also helps in clearing the differences in case of any issues arising. Read to know more about the Co-Founders Agreement.
Why do angel investors and VC funds ask for preference shares in a funding round?
In this brief blog lets study the prime reasons why the investors ask the companies to issue preference shares during their funding rounds. In order to understand the reasons why investors seek preference shares let us study what preference shares mean, what are the features and their types.
5 Things To Keep In Mind While Filing For Trademark
In today’s times a simple name can cost you a fortune. Hence it becomes even more important to get a Trademark for your brand name and protect your brand from any kind of infringement. Lets read about the important things to keep in mind while filing for a trademark.
Anti-Dilution is one clause which can be seen in every investor agreement, yet many fail to understand and treat it as boilerplate. An investor's choice to invest in a target company is based on the predicted potential of its revenue, business growth, profit and loss bottomline, and also its ability
5 Important Things to Keep in Mind While Taking Strategic Investment
Strategic investments are made by parties who are not looking for an immediate financial return but instead want to influence the company so they can reap future benefits. These investors are typically called "strategic investors."
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