India · Founder & Startup

The documents that decide who owns your company.

Upload a shareholders agreement, founder agreement, term sheet or ESOP letter and get vesting, transfer restrictions, investor vetoes and IP assignment checked against Indian company law.

Indian law, findings cite the statute they rest onPowered by Claude, Anthropic's AIYour original document is never stored

What people are surprised to learn

A transfer restriction that is not in the articles may not bind the company.

Companies Act Section 58 addresses transferability, and restrictions agreed only in a shareholders agreement are the classic Indian gap. We flag the restriction and name the provision so you can raise it with your advocate.

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What this review checks

  • Share transfer restrictions, and whether the articles carry them
  • Founder vesting, cliffs, and good-leaver versus bad-leaver terms
  • Buy-back valuation and forfeiture at nominal value
  • Founder non-compete, and the goodwill exception under Section 27
  • IP assignment to the company, including pre-incorporation work
  • Investor vetoes, board composition and information rights
  • Related-party transactions and loans under Sections 188 and 185/186
  • Foreign investment under FEMA, and LLP versus company drafting

ClauseAudit provides information and analysis, not legal advice, and does not create an advocate–client relationship. Findings use calibrated language because enforceability depends on facts and forum. Consult a qualified advocate before acting on any finding. See India pricing.