Authored by - Souvik Das, Executive at Outsource360 Share transfer restrictions look like boilerplate when a shareholders' agreement is signed, drag-along and tag-along rights most of all. One Indian drag-along, triggered in 2014, set off a chain of defaults, arbitration and court orders that was still running in October 2026. On 4 March 2010 Nine Rivers Capital Limited, a Mauritius company, agreed to invest Rs 300 million in Global Agrisystem Pvt Ltd, an Indian company. The

Authored by - Adv. Pranay Sawant, Senior Executive at Outsource360 Many Indian founders meet the SAFE vs CCPS question as a choice between two templates. For one Bengaluru start-up, the SAFE it entered into ended in a commercial court. On 2 March 2023 an individual investor entered into a "simple agreement for future equity" with the start-up, a private limited company, and its affiliate with a San Francisco address. He paid Rs 4,95,435, recorded as equivalent to USD 6,000, b

Authored by - Souvik Das, Executive at Outsource360 On 24 October 2025 Lasso Inc., a Delaware start-up with four co-founders, terminated one of them for cause and, in the same notice, exercised its option to buy back his shares. He held a quarter of the company. All 1.5 million of his shares were still unvested, and the company paid USD 150 for them under his founder vesting agreement. He'd signed it on 30 April 2025: a restricted stock purchase agreement under which he bough

Authored by - Adv. Pranay Sawant, Senior Executive at Outsource360 On 9 April 2025 the National Company Law Tribunal at Chandigarh sanctioned the scheme merging Pine Labs' Singapore parent into its Indian subsidiary, the Indian half of a reverse flip to India. That same order changed one date. The scheme was to count from the day its last condition was met; the order made it the date of the order itself. The Singapore company, which held 99.89% of the Indian one, had approved