Share Capital & Startup Funding

Instruction letter to the valuer

Board resolution and declaration, DPIIT recognition application

Increase in Authorised Share Capital

Rights Issue

Private Placement and Preferential Allotment

Bonus Issue

Share Warrants and Partly Paid Shares

Compulsorily Convertible Preference Shares

Redemption of Preference Shares

Debentures, CCD, OCD and NCD

Convertible Notes and Convertible Promissory Notes

Employee Stock Options

Sweat Equity Shares

Conversion Mechanics

Share Certificates

Duplicate, Renewed, Split and Consolidated Certificates

The Register of Members and the Securities Registers

The Cap Table

Dematerialisation and Rule 9B

Transfer of Shares

Transmission

The Secondary Sale

Transfers Involving a Non-resident

Transfers That Are Not Sales

Pledge, Lien and Encumbrance

Sub-division, Consolidation and Cancellation

Reduction of Share Capital

Buy-back, The Companies Act

Buy-back, Tax, and Why the Economics Changed Twice

Other Capital Events

The Framework, and the Classification That Decides Everything

Valuation certificate under Rule 21, issue of equity instruments to a non-resident

FC-GPR

FC-TRS

Form CN, Form ESOP, Form DI and the Rest

Internal FLA data collection sheet

Downstream Investment

Beneficial ownership declaration from the investor, land-bordering country test

Getting It Wrong: LSF, Compounding and Penalty

Getting the Money Out

Term sheet, Series A subscription to compulsorily convertible preference shares

SHA-to-AOA reconciliation table, to be completed before every closing

Exit rights clause set, drafted for FEMA compliance

Share Subscription Agreement, subscription to Series A CCPS

The Shareholders Agreement, The Model

The Founders Agreement and the ESOP Scheme

Closing a Round

Declaring a Dividend

Preference Dividend and Dividend on Convertible Instruments

TDS working and certificate covering note for a dividend distribution

Paying a Dividend to a Non-resident

Unpaid Dividend and the IEPF

Investor source-of-funds declaration and evidence schedule

Loss carry-forward continuity working

Securities health check, findings and triage note

The Cap Table, and Keeping It Honest

Diligence: What the Other Side Will Ask for