Author Archives: Prakhar Rai

Understanding the Shareholder’s Agreement: A Vital Document for Businesses

A Shareholder’s Agreement (SHA) is an essential legal document that governs the relationship between a company’s shareholders. It outlines their rights, responsibilities, and the way the company should be managed. This agreement not only protects the interests of the shareholders but also ensures smooth business operations. In this blog, we will explore the key aspects […]

What are Terms and Conditions ?

terms and conditions

When surfing the internet and hovering over various websites and applications you must have come across the terms and conditions sometimes indicated as “Terms of Service” (ToS), “Terms of Use”, EULA (“End-User License Agreement”), “General Conditions” etc. It is a legal document or an agreement which creates a relationship between the service provider or the […]

Understanding the Importance of an Operating Agreement for Your LLC

What is an Operating Agreement ?

When forming a Limited Liability Company (LLC), one of the essential documents to have in place is an Operating Agreement. Many business owners often overlook this, especially in states where it is not a legal requirement, but having a well-drafted Operating Agreement is crucial to the smooth functioning of your LLC. In this blog, we’ll […]