Empower Legal: Top Corporate Legal consultants and Senior Litigation Lawyers for Companies Matters for Merger and Acquisition, Bankruptcy, Insolvency, Intellectual property, and Cyber Crime. No.1 Law office in Chennai, Tamil Nadu, India
Corporate legal support encompasses a range of services designed to assist companies in navigating the complex legal landscape and safeguarding their interests.
Key features of corporate legal support and the benefits
Here are some key features of legal support services for corporate and the benefits they offer to companies:
Legal Compliance: Corporate legal support ensures that your company adheres to all applicable laws, regulations, and industry standards. This helps you avoid legal pitfalls, penalties, and reputational damage by ensuring your operations are in full compliance.
Contract Drafting and Review: Legal professionals provide expertise in drafting, reviewing, and negotiating contracts. This helps protect your company’s interests, minimize risks, and ensure that contractual obligations are clear and enforceable.
Corporate Governance: Legal Services ensures that your company follows proper corporate governance practices, including board meetings, shareholder agreements, and regulatory filings. This fosters transparency, accountability, and good corporate citizenship.
Intellectual Property Protection: Legal professionals assist in safeguarding your company’s intellectual property rights, including trademarks, copyrights, and patents. This protects your unique assets and helps maintain a competitive edge in the market.
Risk Management: Corporate legal support helps identify potential legal risks and develops strategies to mitigate them. This proactive approach minimizes the likelihood of legal disputes, litigation, and financial liabilities, saving your company valuable time and resources.
Dispute Resolution: Legal professionals provide guidance and representation in resolving commercial disputes, whether through negotiation, mediation, or litigation. This helps protect your company’s interests and reputation while seeking timely and cost-effective resolutions.
Mergers and Acquisitions (M&A): Legal support plays a crucial role in M&A transactions by conducting due diligence, negotiating agreements, and ensuring compliance with regulatory requirements. This helps facilitate smooth transactions and mitigates risks associated with mergers and acquisitions.
In summary, corporate legal support offers comprehensive guidance and expertise in various legal aspects of your business. It ensures legal compliance, minimizes risks, protects your company’s interests, and provides valuable support in critical areas such as contracts, intellectual property, governance, risk management, and dispute resolution. By availing these services, you can focus on your core business activities while having peace of mind that your legal needs are being handled by professionals.
Find Best Corporate Law Firms for Business Law in Chennai, Tamil Nadu. Mainly, Business Law/Commercial Law is one of the keys – a practice area Rajendra Corporate Law Firm, which mainly requires transactional and legal counsel, including counsel relating to day-to-day business, regulatory issues, corporate and government affairs. Tends to clients, both domestic and international,
Rajendra Corporate Law Firm is one of the Corporate legal services firm in India.
Business and Trade in a branch of civil law
Firstly, Commercial law or business law is a legal entity set up of business and trade. It is a branch of civil law and deals with both issues of private law and public law. In the same way, Commercial law governs the contract of service, hiring practices, and the manufacture and sale of consumer goods. In the same fashion, Many countries have adopted civil codes that contain a comprehensive statement of their commercial law.
Private law and public law
It is the body of law that is applicable to the rights, relationships, and conduct of individuals. And also companies engaged in trading, merchandising trade, and sales. It is often popular as a branch of civil law and deals with issues in both private law and public law. On conditions of the Companies Act, 1956, which is the law of the company in India. As a matter of fact, the company means a company registered under this Act to the above operations. Thus, a company comes into existence by registration under the Companies Act or the company law in India.
A company incorporated under the law on Indian companies, 2013
In India, Various Law Govern corporate affairs which entitle companies or trade laws in India by all means. In other words, These are applicable to the laws of society in India, and the Govt imposes the regulation. Moreover, The Ministry of Corporate Affairs (MCA) administers it In India. You can incorporate the companies under the law on Indian companies, 2013. Of course, this is the law of the company or business law in India.
A partnership under a contract is governed by the general law of contract. Uniquely, It is also called corporate law in India or in India Business Law. Identically, These are all in areas where the Partnership Act expressly makes any provision. These are rules on offer and acceptance, consideration, the legality of an object, etc.), legal personality, and nature. There are benefits of a business that can be better understood by looking at the following features of the law corporate and business law in India
Existence of Independent Businesses in India
For registration under the Act on company law or corporate law or business law in India. Meanwhile, a company becomes a corporate personality that is separate and distinct from its members. A company is a legal entity under company law or business law in India.
In this aspect of the laws of the company in India, the decision of the House of Lords in Salomon vs. Salomon & Co. Ltd. (1897 AC 22) is a well-known case in this aspect that although incorporated under the company law Act, the company has never had an independent existence.
Business Law in India provides that when a memorandum is signed and registered, subscribers are immediately legal entities able to exist with all the functions of a person as enshrined in the legislation of the company.
It is difficult to understand how a corporation created by the law can lose its individuality by sending most of its capital to a person. The company’s law defines a company as not a person but a memorandum of subscribers.
Limitation of Liability is another major benefit of the constitution of a company under company law or business law in India. The company, which is a separate entity, with its own work, the members are not liable for its debts under the law of the company or an act of corporate law. If the liability of members is limited by shares, each member is required to pay the nominal value of the share held by him and his responsibility ends there by the law of the company in India. One of the main motivations behind accepting the incorporation of a company under the law of the company in India is to limit personal risks by getting the advantage of limited liability.
In the world of business and according to the law of the company in India, “A society never dies, members can come and go, but a company can continue forever”. The death or insolvency of members does not affect the continued existence of the company. The company remains the same entity in the same way that the river is still the same river, though its parts are changing every moment.
The Public companies established under the laws of the company in India, the big goal was that the shares should be easily transferred. Section 82 of the Company Law Act 1956 expresses this principle by providing that “action or other interests of a member is personal property. The unique advantage of this under the business law in India is a member can sell their shares on the open market and get his money without affecting the capital structure of the company. Section 111 A, of the 1956 Companies Act by the Depositories Act 1996 specifically states that the shares of a public company are freely transferable.
Ownership of a corporation incorporated is vested in the corporation under the Business Law in India. The company is able to contain and enjoy the property in his own name. No member may claim ownership of any part of the assets of the companies. Thus, when a significant shareholder ensures business assets in his own name will not be able to recover compensation when said assets burn in a fire as it had no insurable interest in business ownership.
Capacity for suit
A company can sue in its corporate name as provided in the Business Law in India. The name of his management staff or members should not be questionable. The action against a group of people diminishes to a single action.
Business Law in India provides that a company is able to attract professional managers. It is because being tied to the management of a company gives members the status of a setting.
Access to the money market
Companies are one of the few legal institutions that allow accessing the money market for the training of its shares and the loan principal under the provisions of business law in India. A company can collect shares and preference shares without capital interest on which dividends is payable as and when there are profits. You can do this with the help of a prospectus for a public offering or private placement.
As good as these aspects sound, the Companies Act also has several disadvantages such as:
The lifting of the corporate veil
The lifting of the corporate veil – All of the aforementioned advantages of incorporating follow the principle that for all purposes of the law, a company should be considered a separate entity from its shareholders.
Formality and Capital
Formality and Capital – The formation of a company in India is an expensive affair. The formalities of the company must comply with the rules and regulations of the State where the incorporation happens by the same token.
Registration and constitution
Registration of business obtains by filing an application with the registration of Memorandum and Articles in accordance with Article 33 of the companies act. The application must be accompanied by a number of documents such as a Memorandum of Association (MOA), an Article of Association (AOA), a copy of the agreement, and a declaration that all requirements of the law have respected the contract on behalf of a company even before it was properly constituted.
Types of companies under the Companies Act 2013
The Companies Act defines the different types of companies that can incorporate under this Act. They are:
Unlimited company – A company may consist of unlimited liability of its shareholders who are also responsible for the debts of the company in insolvency
What is a Warranty company?
Warranty company – The liability of members of a society can be limited either by shares or by guarantee. In other words, members contribute a fixed amount of money to the company’s assets
What is a Private company?
Private company – A private company as defined by law, is any company in which the Article of the Association fulfills the mandates to have a minimum capital of one lakh rupees or more. They have certain rights to its members, and a minimum of fifty members and prohibit any invitation to the public to subscribe for its shares or bonds in like manner.
What is a Foreign company?
Foreign company – a company that has incorporated outside India
What is a Government corporation?
Government corporation – a company having 51% or more of the shares held by the government
What are all the types of Companies?
The Companies Act defines the different types of companies that can be incorporated under this Act. They are: Unlimited company Warranty company Private company Foreign company Government corporation
What are the fees for a Corporate Lawyer in Chennai? Many of the MSME & Large scale industries will indeed engage Corporate Advocates in Retainer fees structure. Companies decide Lawyer fees in Two methods. One is a flat fee and another is a Retainer fee. Rajendra Corporate Law firm in Chennai offers various legal support services by all means.
Flat fees for Corporate Advocates in Chennai
First of all, Companies will recruit in-house Corporate attorneys. This will be a salaried basis. In fact, The Company lawyer will not have exposure in all areas of practice. In order to get full legal services, the company must engage private Lawyers. Moreover, The flat fees for Corporate Advocates in Chennai may vary from case to case.
Hire a Corporate attorney in Chennai
“Prevention is better than cure”. A Good Company must protect its interest by preventive maintenance.
Hence they must hire a corporate Attorney in Chennai for the welfare of the organization.
Corporate Lawyer fees for Legal Advice & Litigation services
Legal Advice and Litigation services are two types of needs for Corporate. On the other hand, The cost is fixed on an hourly or specific work basis. By the way, Corporate Lawyer fees in Chennai will vary from Rs3000/- to 25,000/- per hour. Most of all, the Chennai Rajendra Corporate Law firm offers legal services in the above range.
Corporate Attorney fees on a Retainer basis
The Retainer Legal services of Consultation and Litigation are essential for Corporate. Of course, MSME may not show interest in Retainer basis legal support. In fact, Rajendra Corporate attorney fees on a Retainer basis are economical and cheaper than flat fees.
Retainer Lawyer fees for Legal consultation & Litigation Support
Essential legal services for Corporate are available at Rajendra Corporate Law firm in Chennai. Without a doubt, The Lawyer fees Charges for Retainer Legal services may vary from Rs5000/- to Rs75000/- per month. Moreover, the offers are in Quarterly, half-yearly and Annual contracts. Indeed, This includes unlimited Legal advisory services.
Quarterly Retainer fees
Local Lawyers for Corporate in our Law firm offer services for a short-term contract of 3 months. This type of all in all Retainer legal services will be given for specific work or as a Sample.
Half-yearly Retainer fees
Lawyers for companies mostly prefer half-yearly Retainer Lawyer fees. This is to calculate the legal work to do. The legal process may differ from case to case. The half-yearly Retainer fees will reduce or increase based on the time and effort spent on Legal services.
Annual Retainer Legal fees
One or two Corporate Lawyers may be hired for a single legal work in a company. In the same fashion, legal services may be a continuous process. No doubt, The total legal services can be calculated and annual retainer Lawyer fees may be decided.
Contact Top Corporate Lawyers for nominal fees in Chennai
Rajendra Corporate Law firm is one of the Top Corporate Attorney offices for MSME and Multinational Companies. Contact Senior Corporate Lawyers in Chennai high court. Call +91-9444014096 to get the Advocate fees.
How to find a Good Lawyer in Chennai ?. As a matter of fact, Madras high court is a hub for any legal remedy in Chennai. Good Lawyers for Civil and Criminal matters are still in demand in like manner.
How can an ordinary person find an Attorney in the first place? In fact, a referral basis is not working out nowadays. First of all, the Lawyer’s job is a noble profession. There is no Part-time work and must be a full-time Job for Advocates in the same fashion.
Sources to choose the Best Lawyer in Chennai
How to find the Lawyers contact details ?. There are various methods to collect the phone numbers and addresses of Top Lawyers in Chennai. In fact, Few if they are as follow:
Bar Association directory
Friends and relatives referral
Mostly, needy people choose the best Advocates in search engines such as Google, Yahoo, or Bing. Normally an Attorney or Law firm will have a website and Law of practice in it. Moreover, Google business can get you data of Local business when you specifically search including the term “Chennai”.
Apart from these sources, Social media is indeed useful for getting the Contact details of an expert Lawyer. Of course, They socialize their profession in the Law forums.
Linkedin is also a social media platform that specializes in networking for professionals uniquely. Are you in Tamil Nadu ?. All social media show the subscriber’s details of specific cities such as Chennai, Madurai, Coimbatore, etc. This is possible by automatic detection of Location by the same token.
Bar Association directory
Everybody can get information about Advocates. Just get the member list first. Firstly, You can find members’ data of that specific bar Association in their printed directories or Blogs or websites. No doubt, One can find the merits and demerits only by getting details of previous cases.
Legal portals offer judgments and the latest amendments. Area wise Lawyers list are also available in Law portals. Chennai Advocates are well aware of Legal news portals. They subscribe as a member to get listed in their Bar pages at the same time.
Web directories for Lawyer in Chennai
Many of the general public started using Android phones. Anyone can browse Web directories through a computer or Android smartphone. Information in all the areas of business from products to Services is available in Web directories.
Every directory will have a separate sub-domain for based on the region and Cities. Since Chennai is a metropolitan city, Every web directory will have a separate sub-domain for it. whereas, In that a separate division of pages of lawyer listing.
Friends and Relatives referral
Proven records are always great on the other hand. Above all, Many people opt for this method to get details of a Good Lawyer in Chennai. The previous dealing as well as past history will reveal the performance of an Attorney or a Solicitor.
How to find the Best Lawyer in Chennai ?.
Rajendra Corporate Law Firm is one of the best Legal consultancy offices in India. Find the Top Company Litigation Advocates nearby
How to find the Top Advocates nearby work round the clock to protect our Corporate client’s interest. Of course, both Criminal laws and civil Laws involve in Company matters which includes intellectual property Law. Call the best Corporate Lawyer in Chennai 24 x 7: +91 94440 14096.