Business Law: Find the Best Corporate Law Firm in Chennai

Business Law: Find the Best Corporate Law Firm in Chennai

Best Corporate Law Firm for Business Law

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.
Best Corporate Law Firm for Business Law
Best Corporate Law Firm for Business Law

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.

Limited Liability

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.

Perpetual succession

    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.

Transferable shares

   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.

Separate property

 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.

Best Corporate Law Firms for Business Law in Chennai, Tamil Nadu.
Best Corporate Law Firms for Business Law in Chennai, Tamil Nadu.

 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.

professional management

   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

Lawyers for Companies and Business Law
Lawyers for Companies and Business Law

The Companies Act defines the different types of companies that can incorporate under this Act. They are:

  • Unlimited company
  • Warranty company
  • Private company
  • Foreign company
  • Government corporation

Contact Top Corporate Law Firms for Business Law

Call or WhatsApp: +91-9444014096 to make an Appointment with Senior Corporate Attorneys. Avail a Legal Consultation regarding Business Law or a Litigation Service in Chennai, Tamil Nadu, India.

Other Legal Services: Information Technology Act in India: The Best Legal Support

FAQ Companies in Business Law

What is an Unlimited company?

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

Lawyer fees: The Best Corporate Attorneys in Chennai

Corporate Law firms | Lawyer fees

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.

Flat fees for Corporate Advocates in Chennai | Hire a Corporate attorney in Chennai | Corporate Lawyer fees for Legal Advice & Litigation services | Corporate Attorney fees in Retainer basis | Retainer fees for Legal consultation & Litigation Support | Quarterly Retainer fees | Half yearly Retainer fees | Annual Retainer Legal fees | Contact Top Corporate Lawyers for nominal fees in Chennai

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.

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.

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.

Retainer Legal Fees in Chennai Corporate Law Firms

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.

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.

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Top Corporate Law Firms in Chennai | Advocate Fees

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?

How to find a good Lawyer in Chennai ?

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 a good 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:

  1. Search engines
  2. Social media
  3. Bar Association directory
  4. Legal portals
  5. Web directories
  6. Friends and relatives referral

Search engines

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”.

Social media

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

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

List of Law Practices in Our Law Firm

  • Amalgamation
  • Merger and Acquisition
  • Bankruptcy
  • Business Litigation
  • Civil Litigation
  • Commercial litigation
  • Contract Law
  • Documents drafting Services
  • Industrial disputes
  • Insolvency
  • intellectual property rights
  • Real Estate
  • Tax Litigation

How to find the Top 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.

Sale deed: The Best Property Registration services

Lawyers for Sale deed | Best Advocates in Chennai | Rajendra Corporate Law firm

A sale deed is a document that has lists of clear details. ie., Price with terms and conditions upon which the two parties. In fact, This fulfills the agreement for the sale of the property. Rajendra Corporate Law Firm is one the best Real estate Legal service office in Chennai. 

Best Advocates in Chennai for Sale deed drafting

Chennai Advocates in Rajendra Corporate Law Firm offer various property legal services. They indeed cover all the legal support in the Real estate industry. Solicitors Draft the sale deed of land on a non-judicial stamp paper of fixed value. Of Course, the state government prescribes where the property rests upon. Every state has a different value of stamp paper when it comes to drafting sale deeds.

Stamp duty and charges

It is the buyer who must pay the stamp duty and the registration charges. For example, the Stamp duty for both Urban and Rural in Chennai is 7%. They calculate it in the market value or Guideline Value of the property. The registration charge is 1% market value of the property.

Buyers can pay the stamp duty online to make a hassle process. The buyer can buy an e-stamp of the correct value after creating an ID on the official website. The Stock Holding Corporation of India Limited (SHCIL) offers this Service. The seller must ensure that he clears all his dues to the property. This must be in progress before signing the final sale agreement.

For the sale deed to be legalized, it requires a few important details to be filled up.

What are all the types of deeds?

Besides selling a property, people also tend to lease their immovable assets. The agreement must mention if it’s a Sale deed or a Deed of Mortgage.

Sale Deed Preparation

Let us see the step-by-step process in this Real estate document drafting

Details of the parties involved :

The sale deed agreement must include the Following

  • Names of the buyer and Seller
  • Residential addresses
  • Age details of the parties
  • PAN numbers details of the parties,
  • Photographs with the parties (It must refer to as the seller and buyer in the agreement)
Description of the property:

The property’s description must include all the details. They are as follows

  • Property’s location
  • Number of rooms
  • Number of balconies
  • Plot area and construction area

The Solicitor must mention the above details in the deed of sale.

Sale agreement :

What is the next process after the mutual agreement of both entities? They must sign a sale agreement that precedes the property deed. The agreement states that both parties agree to buy and sell the said property. The draft must mention the details of the transaction like the date, advance paid, the amount due, and the mode of payment.

Transferring the title of property:

What will happen after signing the sale deed by the parties ?. The title of the property is transferred to the buyer. In this Transaction, the buyer will become the property’s legal owner with complete rights to the property.

Registration of the sale deed

Do you know the very crucial need for a sale deed to be valid, binding, and enforceable? Firstly, Both parties must sign the document. Secondly, it must be stamped as per the rule. This must be under the Indian Stamp Act of 1899 or the legislation by the respective state govt. Finally, You must register at the office of the jurisdictional Sub-Registrar. Moreover, This will happen upon payment of the registration charges. Of course, This is mandatory under the Registration Act, of 1908.

Void Transaction

An inadequately stamped and unregistered document or a document not made under the prescribed format will not be admissible as evidence and the transaction would become void until the statutory requirements are fulfilled.

Power of attorney

what you must do, If any party to the sale deed is unable to be present for the execution and registration? No doubt, a power of attorney holder can represent. Without a doubt, It is necessary to examine that the document is also duly stamped and registered.

What is the next step after authorization of the attorney by the seller?
  1. The Registrar will scrutinize the terms of the document to authorize.
  2. Execute and register the sale deed.
  3. Receive consideration
  4. Complete all the formalities for conveying the title of the property to the buyer.

The buyer is entitled to hold the original sale deed in the same fashion. This is evidence of his title and ownership of the property and for further sale of the same property too

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Contact Top Law firms in Chennai

Find the choose one of the top Law firms in Chennai to draft and register your Property sale deed. Contact Rajendra Corporate Law firm which provides all legal and litigation services with regard to Real estate.

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