Three Pillars Every Founder Should Focus On When Starting Up a Startup
Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder
A legal notice is a formal communication sent by one person to another, indicating their intention to initiate legal proceedings due to an act or failure to act that has caused damage. It follows a specific legal format and is only applicable to civil cases. Legal Suvidha, a professional organization, offers expert assistance in drafting and sending legal notices, with a team of experienced professionals who ensure that the notice is factually and legally correct.
The benefits of sending a legal notice include resolving disputes without litigation involvement. A legal notice can be a powerful tool to resolve disputes without resorting to lengthy court proceedings. It can communicate the sender’s intent to take legal action if the recipient fails to comply with certain demands or obligations. In addition, sending a legal notice can also demonstrate the sender’s seriousness in pursuing legal action and can potentially prevent further damages or harm to their interests. It is important to ensure that the legal notice is drafted properly and in accordance with the legal requirements to maximize its effectiveness.
Acts as a Warning | Reminds the person of their duties and obligations, and informs them of the legal consequences of non-compliance |
Provides Caveat | Informs the person of a potential risk of litigation and provides a chance for them to rectify their errors |
Encourages Settlement | Encourages parties to settle their disputes through other dispute resolution methods, which can be less costly than going to court |
Legal Proof | Serves as legal proof that the wrongdoer/entity was approached using other means before seeking help from the court, and is a valid record |
Step 1: Provide your requirements to Legal Suvidha and they will create a legal notice draft and send it to the other party via registered post. The notice will include necessary details and a timeframe (30-60 days) for the other party to respond.
Step 2: Save a copy of the sent notice for future reference, in case legal proceedings are initiated.
Step 3: If the other party fails to respond within the given timeframe, you have the option to approach the courts.
By following these simple steps for how to draft a legal notice, you can ensure compliance with legal requirements and protect your rights. Legal Suvidha’s expert team can help you draft and send a legally sound notice to address your grievances.
The documents required for filing a legal notice may vary depending on the specific situation and legal requirements. However, some of the common documents required for drafting and filing a legal notice may include:
1. Details of the parties involved, including their names, addresses, and contact information
2. Relevant documents related to the matter, such as contracts, agreements, invoices, and receipts
3. Facts and circumstances of the case, along with any supporting evidence or documentation
4. Legal provisions under which the notice is being sent
5. Statement of the grievance or cause of action
6. Deadline for the recipient to respond or comply with the notice
7.Signature of the sender or their authorized representative
It is advisable to consult with a legal professional or service provider, such as Legal Suvidha, for guidance on the specific documents required for your situation.
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Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder
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Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.
Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.
The importance of intellectual property is very much but most of the businesses are not aware of the same. We at LegalSuvidha simplify the process for you to register a Trademark for your brand, to get copyright for your artistic, creative ability and will also help you in patenting the process after a proper patent search patents which will ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Legalsuvidha, we are very well equipped to handle all your IP requirements. We facilitate trademark applications in just two days, copyright registration for all your software, pictures, audio, and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.
To do any business in India, you need a license for almost everything. Started a manufacturing business? You need a GST Registration and a Trade License. For a food business, you need an FSSAI license. In case you have employees, You need a Professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you also need to file GST Returns and Professional Tax Returns.
There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.
It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.
We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.
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