How MoA Language Affects Investor Due Diligence

By Archana Balasubramanian A mid-growth SaaS company, fresh off their first term sheet for a ₹40 crore infusion, found themselves in a surprising delay. Everything was aligned: due diligence done, traction numbers strong, founder chemistry perfect. Then the investor’s compliance team flagged one line in the Memorandum of Association (MOA). The company, focused on AI-led... Continue Reading →

Founders Get Blindsided: Why Internal Missteps Spark the Most Legal Disputes

By Nitin Jain, Partner  You’d think most founder disputes erupt from ego clashes or equity greed. But in our experience advising both startups and buyers, that’s rarely how it starts. The most volatile disputes we see arise because of mismatched expectations at the wrong time. And in many cases, these expectations were never deliberately misrepresented.... Continue Reading →

Regulatory ‘Gotchas’ in Cross-Border SaaS Billing Models

By Archana Balasubramanian  Software-as-a-Service (SaaS) companies in India that serve global clients often assume their billing models are “just tech contracts”. But once money starts crossing borders, the rules shift and so does regulatory exposure. What looks like a seamless Stripe or Razorpay integration can raise red flags across the Reserve Bank of India (RBI),... Continue Reading →

What You Don’t Realise When Converting an LLP to Private Limited Before a Strategic Sale

By Archana Balasubramanian For many founders and mid-sized business owners in India, converting a Limited Liability Partnership (LLP) into a private limited company feels like a rite of passage before entering M&A conversations. It signals growth, investor readiness, and corporate hygiene. But such transitions trigger chain reactions across compliance lifecycles, future relationships forged and taxation.... Continue Reading →

Catching The CSCRF Wave- A Compliance Imperative For Merchant Bankers

Introduction As key players in the Indian capital markets, Merchant Bankers perform essential functions like issue management, underwriting, portfolio management, and loan syndication. Their work as intermediaries give them privileged access to immensely valuable and sensitive information of varied entities. Given their access to sensitive data including personal and financial information, merchant bankers carry an... Continue Reading →

When Integration Isn’t Alignment: Lessons from Mid-Stage M&A in India

By Archana Balasubramanian - Partner, Agama Law Associates In the last decade, India’s mid-market M&A landscape has evolved into a dynamic space with distinct commercial and regulatory contours.. Transactions in the $10-100m range now carry a strategic importance beyond deal value - and their success often hinges on whether post-closing integration aligns with the legal... Continue Reading →

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