Company Law Services — Go By Law Office

Understanding the various types of company structures available in India is important for business planning and compliance. Each form is designed to suit specific operational, regulatory, and growth needs.

Private Limited Company (Pvt Ltd):

- Suitable for small and medium enterprises.

- Requires a minimum of two shareholders and two directors.

- Liability is limited to company assets.

- Shares are not freely transferable.

- Separate legal entity with perpetual succession.

Limited Liability Partnership (LLP):

- Combines partnership flexibility with limited liability.

- Requires at least two partners.

- Partners’ liability is restricted to their contributions.

- Separate legal entity with perpetual succession.

One Person Company (OPC):

- Formed with a single shareholder and director.

- Provides limited liability and a distinct corporate identity.

- Intended for individual entrepreneurs.

Partnership Firm and Sole Proprietorship:

- Easy setup and operation.

- Flexible management and agreements.

- Unlimited liability; no legal separation between business and owner.

- Common choices for small, traditional businesses.

Public Limited Company:

- Designed for larger enterprises intending to raise public capital.

- Requires at least seven shareholders and three directors.

- Shares can be freely transferred.

- Subject to stricter compliance requirements.

Section 8 Company:

- For charitable or non-profit purposes.

- Income must be used only to promote the company’s aims.

- Tax and compliance benefits available.

Each of these company structures has unique advantages and legal implications in India, and selection depends on business objectives and regulatory preferences.

Annual filing, board meeting documentation, and maintenance of statutory registers are essential for effective governance compliance. 

We specialize in drafting and reviewing directors’ resolutions, minutes, and business agreements to ensure clarity and legal soundness. 

Our team ensures timely compliance with the Companies Act, FEMA, and RBI regulations, providing guidance on secretarial best practices and minimizing legal risks. 

Additionally, we offer expert legal consulting and support in dispute resolution to safeguard your company formation.

We specialize in the preparation and review of various business agreements, including vendor and client contracts, partnership contracts, non-disclosure agreements (NDAs), service level agreements (SLAs), and franchise contracts. 

Our legal consulting services include customization to meet the unique requirements of your sector and transaction, ensuring compliance with governance standards. 

We also focus on risk identification and dispute resolution strategies to mitigate future conflicts or bad debts.

Our legal consulting services specialize in structuring sales processes, defining payment terms, and establishing credit policies within the framework of business agreements. 

We implement preventive controls to minimize bad debts and contractual defaults, ensuring governance compliance. 

Additionally, we draft contracts that support secure transactions, including provisions for advance payments, milestone payments, and dispute resolution in case of defaults.

We handle demand notices and negotiation for long-term pending payments while ensuring compliance with business agreements. 

Our representation in recovery proceedings under the Negotiable Instruments Act, SARFAESI Act, and MSME Act, includes support in commercial courts. 

Additionally, we specialize in dispute resolution through arbitration, mediation, and settlement for commercial disputes, all while providing comprehensive legal consulting for effective governance compliance.