Funding and Securities Laws
About the Service
When a business raises external capital, the documentation must protect all parties clearly and precisely. This service covers the drafting of investment and funding documents for startups and growing businesses, ensuring that the terms of investment, whether equity, debt, or convertible instruments, are clearly recorded, legally valid, and aligned with SEBI regulations and the Companies Act, 2013 where applicable.
Service Details
➔ Subscription agreements and shareholder agreements: Drafting of agreements governing the terms on which an investor subscribes to shares, including rights, restrictions, drag-along / tag-along provisions, anti-dilution protections, and board representation rights.
➔ Convertible instruments, SAFE notes and warrants: Drafting of Simple Agreements for Future Equity (SAFE), compulsorily convertible debentures (CCDs), optionally convertible debentures (OCDs), and warrant instruments, setting out conversion triggers, valuation caps, discount rates, and investor rights on conversion.
◆ Note: SAFE instruments are not yet a formally recognised instrument under Indian company law, appropriate structuring advice is recommended before use.
Add-Ons
➔ Term sheet drafting
➔ Cap table documentation
➔ Founder’s agreement
➔ Board resolution drafting
Key Performance Indicators (KPIs)
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