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We've put together a list of essential legal basics provided by us that startups and entrepreneurs in India should be aware of before starting a business:

Details on how to close the company
Any entrepreneur faces a difficult decision when it comes to closing a company. When a startup chooses to shut down, all stakeholders must be notified in advance, from suppliers to staff to consumers and investors, and the whole process must be well-planned and conducted to make the exit as painless as possible for all.

Ensure proper contract management
Contracts are the foundation of every company. A contract is necessary to ensure the smooth operation of work and is an excellent mechanism for ensuring redress in the event of non-performance.

Ensuring intellectual property rights
For most businesses today, intellectual property is the secret sauce, particularly for tech-centric businesses. Organizations possess intellectual property such as codes, algorithms, and scientific results, among other things.