Introduction During the early stages of a company’s life, Founders needing funds generally give away equity to multiple small investors – be it their wealthy neighbour, friends, or some angel investors. But, once the company and the business flourish, procuring funds becomes relatively easier. Often Founders may also wish to exit the business by sale
Read MoreHostile Minority Shareholders: Statutory Squeeze-Out; the Last Resort?
General Corporate, M&A and VC/PEConsidering Litigation in India | Part IV – Counsels work with facts!
Corporate DisputesThis article is in continuation of the earlier articles that discuss various aspects one must bear in mind while seeking to litigate before courts in India. As outlined in the earlier article, it is imperative for a business to anticipate a dispute well in advance and plan the best approach for it.
Read MoreCryptocurrency Exchanges: An Investment Opportunity?
General Corporate, M&A and VC/PEBrief History The advent of cryptocurrency as an asset class was swift and it attained global popularity within a relatively short period of time. While the idea of a digital currency was not new, it really found wings with the publication of the white paper on ‘Bitcoin’ by Satoshi Nakamoto
Read MoreConsidering Litigation in India | Part III – Anticipate the dispute & strategize!
Corporate DisputesThis article is a continuation of the earlier articles where we outlined the challenges associated with litigating in India and the considerations that one must bear in mind before getting into a ‘fight’. As recommended in the earlier article, parties to commercial disputes must at all time seek to settle rather than litigate endlessly
Read MoreCOVID-19 Commercial Disputes: Litigate rarely, negotiate mostly, but settle always!
Corporate DisputesHave your customers defaulted on payments because of the COVID-19 crisis? Have your business partners avoided contractual obligations because of the lockdown? Are you a lessor who is being asked to waive lease rentals on your premises? Do you think your business is entitled to claim the benefit of a ‘force majeure’
Read MoreVeyrah Law advises Pristyn Care on USD 12 Million funding from Sequoia, Hummingbird, Greenoaks & AL Trust
GeneralPristyn Care, a health delivery start-up, has raised USD 12 Million in Series B funding from Sequoia Capital (along with its affiliate), Hummingbird Ventures (along with its affiliate), Greenoaks Capital and AL Trust wherein these investors subscribed to preference shares of Pristyn Care. Veyrah Law advised Pristyn Care, led by partner Ajay Joseph; principal associate Arun Mohanty; associates Priyanka Zaveri and Anshul Pandey. The Veyrah Law team assisted Pristyn Care with structuring, drafting/negotiating the term sheet,
Read MoreConsidering Litigation in India | Part II – Know yourself and your opponent before picking a fight!
Corporate DisputesThis article is in continuation of the earlier article where we outlined the challenges associated with pursuing a litigation in India. As highlighted in our earlier article, litigating in India can be a time consuming and relatively expensive affair. Anyone planning to engage in commercial litigation in India should utilize litigation only as a means
Read MoreConsidering Litigation in India | Part I – Beware of what you wish for!
Corporate DisputesIt is a common view among members of the business community that engaging in litigation is a time consuming and distracting exercise. It takes away precious resources from the business and management, which can instead be productively deployed in enhancing business value. But, sometimes litigation is inevitable.
Read More‘Ordinary Course of Business’ in Investment Agreements: Is it Useful Defining the Phrase?
General Corporate, M&A and VC/PEIt is quite common to notice the phrase ‘ordinary course of business’, used across various investment and acquisition agreements. The phrase is used in VC/PE shareholder agreements to allow promoters/founders of investee companies the flexibility to operate without obtaining investors’ consent.
Read MoreVeyrah Law advises Pristyn Care on raising USD 4 Million from Sequoia India
GeneralPristyn Care, a health delivery start-up, has raised USD 4 Million in Series A funding from Sequoia India wherein Sequoia India subscribed to equity and preference shares of Pristyn Care. Veyrah Law advised Pristyn Care, led by partner Ajay Joseph; associates Anshul Pandey and Priyanka Zaveri.
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