Agreements we draft
| Agreement | Used for | Points we pay attention to |
|---|---|---|
| Founders' agreement | Early-stage roles, equity and vesting | Vesting, IP assignment, exit of a founder |
| Shareholders' agreement | Investment and shareholder rights | Board rights, transfer restrictions, alignment with the articles |
| LLP agreement | Rights and duties of partners in an LLP | Contribution, profit share, admission and exit, Form 3 filing |
| Rent or lease deed | Office, shop or warehouse premises | Term, stamp duty, registration, GST on commercial rent, TDS on rent |
| Service or consultancy agreement | Engaging professionals and service providers | Scope, payment, TDS, GST, confidentiality |
| Vendor or supply agreement | Purchase of goods and services | Pricing, delivery, GST invoicing, payment terms |
| NDA and MoU | Early discussions and partnerships | What's confidential, duration, what's binding |
What we need
- Details of the parties — names, addresses, PAN, and GSTIN where relevant.
- The commercial terms: scope, price, duration, payment and exit.
- Any term sheet, draft or earlier agreement.
- For property: ownership documents and the address.
How we draft
Understand the deal
What each side is giving and getting, and what worries each side most.
Draft
Clear operative clauses, with tax, stamp duty and registration handled.
Review
One or two rounds with you and, if needed, the other party.
Execute
Stamped and signed — and registered, where the law requires.
Practical notes from our engagements
- Eleven-month leases by habit. They avoid registration with the Sub-Registrar, but several states' tenancy laws now require tenancy agreements to be registered with, or intimated to, a Rent Authority within a fixed period — in some states even an 11-month one. For long-term premises, a registered lease is often better.
- TDS not considered in rent or fees. If the agreement doesn't say who deducts what, disputes follow at the first payment.
- Shareholders' agreement and articles out of step. When they conflict, the articles usually prevail for the company. Keep them aligned.
Our scope
We draft agreements connected with our clients' business, tax and corporate work. Where a dispute is already under way or court proceedings are likely, we work with the client's advocate rather than in place of one.
How we handle agreement drafting
We start from the commercial terms, draft in plain language, and make sure the tax, stamp duty and registration points are right so the agreement doesn't create a compliance problem of its own.
Related services
Frequently asked questions
Does a rent agreement need to be registered?
A lease of immovable property for a term of more than one year must be registered under the Registration Act, 1908. Several states also have tenancy laws — some modelled on the Model Tenancy Act, 2021 — that require tenancy agreements to be registered with or intimated to a Rent Authority within a fixed period. Some apply this even to an 11-month agreement; others exempt short residential tenancies. We check the rule in the state where the property is.
Is stamp duty payable on business agreements?
Yes, under the stamp law applicable in the state — the amount depends on the type of document and its value.
When must an LLP agreement be filed?
In Form 3 with the ROC within 30 days of incorporation, and within 30 days of any change.
Can agreements be signed electronically?
Many can, but documents that must be registered or stamped physically have specific requirements. We confirm this for each document.
Do you represent clients in contract disputes?
No. We draft and advise on agreements connected with our work; for disputes and litigation, we work alongside the client's advocate.