Term Sheet Drafting

(3 customer reviews)

Term Sheet Drafting

Basic Price

4,999.00

Product price: 4,999.00
Total options:
Order total:

Term Sheet Drafting

(3 customer reviews)

Term Sheet Definition

A term sheet is a preliminary agreement that outlines the fundamental terms and conditions of an investment opportunity.

It acts as a blueprint and foundation for more comprehensive, legally binding documents. Once the involved parties agree on the terms specified in the term sheet, a binding contract reflecting those terms is prepared.

 

Components of Term Sheet

Key Clauses in a Well-Drafted Term Sheet:

  1. Company Name for Investment
  2. Type of Securities to Be Issued
  3. Conversion Rate of Convertible Securities
  4. Veto rights
  5. Founder’s lock-in
  6. Drag-Along Clause
  7. Tag-Along Clause
  8. Right of first refusal (ROFR)
  9. Right of first offer (ROFO)
  10. Representations and Warranties
  11. Exit rights
  12. Governing Law and Dispute Resolution

 

Legal Framework for Term Sheets in India

Regulatory Framework for Term Sheets in India:

  1. Companies Act, 2013 and its associated regulations
  2. The Indian Contract Act, 1872
  3. Foreign Exchange Management Act, 1999
  4. Consolidated FDI Policy, 2020
  5. RBI Regulations
  6. Competition Act, 2002
  7. SEBI Guidelines (for listed companies)

MyLawPoint for property document verification was 100% worth it. Initially, I hired a lawyer for bank loan document processing but was disappointed with their professionalism. MyLawPoint connected me with an expert advocate who articulated all possible pitfalls in purchasing the property (DC Survey 66/1 Chikkanagamangala) from Reliaable Developer. Their detailed legal report helped me avoid a potential loss of 80 lakhs. I'm grateful for MyLawPoint's excellent coordination and swift document collection. Thank you to their team for saving me from a risky investment.

Govind

I purchased a flat in Hyderabad, but the builder delayed possession beyond the committed date. This caused significant financial strain as I was paying high EMIs and rent, leaving me with no money at month-end. Feeling stressed and helpless, I discovered MyLawPoint. Their Property Expert Lawyer suggested sending a legal notice to the builder and appealing to RERA for the delayed possession. Thanks to their guidance, I received compensation from the builder for the delay and finally gained possession of my flat. MyLawPoint's support was invaluable in resolving this effectively.

Malani

I had an exceptional experience with MyLawPoint. Their support throughout the entire process, from Property Paper Verification to the Sale Deed Registration, was truly comprehensive and invaluable. The level of service they provided exceeded my expectations, and I am highly satisfied with the outcome. Their dedication to keeping me informed with timely updates at every step of the way further showcased their professionalism and commitment to client satisfaction. I wholeheartedly recommend MyLawPoint to anyone in need of legal support for their property transactions.

Gerald Gilbert

Explore our other property services

Frequently Asked Question

Is Stamp Duty included in MyLawPoint's fee?

No, stamp duty is not included in MyLawPoint's fee. It should be paid separately, and our lawyers will assist you in procuring it.

How long does it take to register the property?

The time taken for property registration varies based on the sub-registrar office and property registration flow. Typically, after document submission to MyLawPoint, expect 3-7 days for lawyer-assisted property appointments with the local sub-registrar office.

Do I need to be present at the Sub Registrar Office?

Yes, while MyLawPoint handles appointments and formalities, your presence at the sub registrar’s office is required on the day of registration appointment.

Can an Agreement to Sell be cancelled?

Yes, an Agreement to Sell can be cancelled through mutual consent or if a condition in the contract permits cancellation. However, penalties or consequences may be specified in the agreement for cancellation.

Term Sheet Drafting

(3 customer reviews)

A term sheet is a document that outlines the essential terms and conditions of a potential deal between two parties. It covers key aspects such as pricing, financing, and governance that are expected to be included in a formal agreement. Often used during the initial stages of negotiating a business transaction, such as a venture capital investment, acquisition, or partnership, it serves as a guide for further discussions and negotiations.

Term Sheet Definition

A term sheet is a preliminary agreement that outlines the fundamental terms and conditions of an investment opportunity.

It acts as a blueprint and foundation for more comprehensive, legally binding documents. Once the involved parties agree on the terms specified in the term sheet, a binding contract reflecting those terms is prepared.

 

Components of Term Sheet

Key Clauses in a Well-Drafted Term Sheet:

  1. Company Name for Investment
  2. Type of Securities to Be Issued
  3. Conversion Rate of Convertible Securities
  4. Veto rights
  5. Founder’s lock-in
  6. Drag-Along Clause
  7. Tag-Along Clause
  8. Right of first refusal (ROFR)
  9. Right of first offer (ROFO)
  10. Representations and Warranties
  11. Exit rights
  12. Governing Law and Dispute Resolution

 

Legal Framework for Term Sheets in India

Regulatory Framework for Term Sheets in India:

  1. Companies Act, 2013 and its associated regulations
  2. The Indian Contract Act, 1872
  3. Foreign Exchange Management Act, 1999
  4. Consolidated FDI Policy, 2020
  5. RBI Regulations
  6. Competition Act, 2002
  7. SEBI Guidelines (for listed companies)

Recommended Products

What our users say

4,999.00

Product price: 4,999.00
Total options:
Order total: