Convertible Note (“CN”)-Additional And Flexible Funding Option For Startups

Convertible Note is an instrument evidencing receipt of money initially as a debt, which is- upon occurrence of specified events and as per the other terms and conditions agreed to and indicated in the instrument.   CONDITIONS TO ISSUE CONVERTIBLE NOTE (“CN”): The company that wants to issue CN...

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Legal Hygiene Check for Startups

It is extremely important for companies to check early on and be aware of certain vital and primary documents for the company. We have listed down some to give a broad understanding. Founders Agreement- this covers the understanding between the founders in terms of their equity stake, initial investment...

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