Home       Top Rated       Submit Article     Advanced Search     FAQ       Contact Us       Lawyers in India       Law Forum     RSS Feeds     

Register your Copyright Online

We offer copyright registration right from your desktop click here for details.

Latest Articles | Articles 2014 | Articles 2013 | Articles 2012 | Articles 2011 | Articles 2010 | Articles 2009 | Articles 2008 | Articles 2007 | Articles 2006 | Articles 2000-05

Search On:Laws in IndiaLawyers Search

Mutual Consent Divorce in Delhi
We provide fast, cost effective and Hassle free solution.
Contact us at Ph no: 9650499965 (Divorce Law Firm Delhi)

E-mail login                       Password

Free Email Sign Up

Main Categories
 Accident Law
 Aviation Law
 Banking and Finance laws
 Case Laws
 Civil Laws
 Company Law
 Constitutional Law
 Consumer laws
 Contracts laws
 Criminal law
 Drug laws
 Dubai laws
 Educational laws
 Employment / Labour laws
 Environmental Law
 family law
 Gay laws and Third Gender
 Human Rights laws
 Immigration laws
 Insurance / Accident Claim
 Intellectual Property
 International Law
 Juvenile Laws
 Law - lawyers & legal Profession
 Legal Aid and Lok Adalat
 Legal outsourcing
 Media laws
 Medico legal
 Real estate laws
 Right To Information
 Tax Laws
 Torts Law
 Woman Issues
 Workplace Equality & Non-Discrimination
 Yet Another Category

More Options
 Most read articles
 Most rated articles

Subscribe now and receive free articles and updates instantly.


Copyright Registration

To Copyright Your Books, Videos, Songs, Scripts etc
Call us at: 9891244487 / or email at: admin@legalserviceindia.com
Top Law Colleges

Law Updates:

# Income-Tax
# Family law
# Company Law
# Constitutional Law
# Partnership firms
# Immigration Law
# Cyber Law
# Lok Adalat, legal Aid & PIL
# Forms
# Trademarks
# Woman issues
# Medico Legal
# Consumer laws
# Criminal laws
# Supreme Court Judgments

Published : November 04, 2014 | Author : Pranati Shubha
Category : Company Law | Total Views : 1826 | Rating :

Pranati Shubha


Buying a new company: points to be considered

It has been aptly put by Arthur Ashe that “Start where you are. Use what you have. Do what you can.” A new business requires patience to pry into all necessary details, a self introspection to know the suitability of the business, a self assessment to keep things under complete discretion and a dynamic mind to read the market tenor. There are quite a number of drawbacks which are grossly tethered with a new business.

The goodwill of the business is one of the most important things to look into while buying a new business. A worthy goodwill can take a business to great heights and a downer one could make that business slump into annihilation. One should be vigilant enough to consider that the business he is going to buy has a good reputation in the market. The business which is to be acquired should have all its equipments, machinery in a pretty good shape.

If the equipments, machinery or the plant urges some big investment for improvement or to even bring some of them in a workable condition then these are not at all welcoming. One should do some diligent ground work regarding the same before purchasing a new business. One of the most important aspects of a new business is its geographic location. The geographical location acts as a fortune for the business.
A good location would easily fetch in investments, customers and a good reputation. A poorly located business would face frailty at all the formerly mentioned aspects. One should also look into the liability aspect before making the final move. A company could have a congenial relationship with the lenders or could also be strained as one will inherit a prior payment dispute or an antecedent default in payment if any. So, one should be wise enough to do all the required checks and balances.

The leases attached to the premises of the business should also be duly checked. Leases can be a canister of traps for the unwary. While taking over the desired leasehold one should glean some good legal advice regarding responsibilities of the premises, rent, service charges, dilapidations and other matters.

One should also look into tax related issues like VAT registrations and the specifications attached to it, value of the tax assets if any. One more colloquial aspect these days is a non-compete clause. The non-compete clause can be a baffling aspect and must be interpreted in a fitting manner. Generally non-compete clause are difficult to enforce and must be prudently drawn if it is to be enforced.
Finesse and flaws are two faces of the same coin and precision in flipping it will decide one’s fortune. The same rule applies while initiating a modish thing like in this case a new business.

1 2 3 4 5
Rate this article!     Poor

Most viewed articles in Company Law category
Globalization & its impact on Indian Economy: Developments and Challenges
Winding Up of a Company
Retrenchment under Industrial Dispute Act, 1947
Dissolution of partnership firm
Articles of Association & Alteration of Articles
ADR Mechanism in India
Which employees do not fall under the ambit of Industrial Dispute Act, 1947
Demerger under Company Law
Directors & Their Liabilities
Corporate Personality
Prevention of oppression & mismanagement
Appointment, Disqualification And Liabilities Of Directors of A Company: A Legal Perspective
Remuneration of Directors
Position of a promoter in establishing a Company
Minority Rights on Oppression and Mismanagement Under Companies Act, 1956 And Companies Bill, 2011
Corporate Social Responsibility
Most recent articles in Company Law category
Various Committees and provisions under Companies Act, 2013
Incorporation of A Public limited Company
Competition Law and Role of merger
Incorporation of A Private limited Company Under Companies Act 2013
One Person Company
Corporate Criminal Liability: A Jurisprudential and Comparative Approach
Distribution arrangement, whether it creates a permanent establishment
Doctrine of Alter Ego and Attribution
Fast Track Exit
Voluntary winding-up of the Company by Members
Corporate Renaissance
Trade, Commerce and Intercourse
The Corporate as a Criminal
Need For Corporate Social Responsibility
Role of Securities Exchange Board of India
Establishment of Foreign Entity in India

Article Comments

there are no comments...

Please login or register a new free account.

Random Pick
It is a case study on criminal appellate jurisdiction of the Supreme Court in reference to Kailas & Ors. v/s State of Maharashtra and Taluka P.S...

» Total Articles
» Total Authors
» Total Views
» Total categories

Law Forum

Legal Articles

Lawyers in India- Click on a link below for legal Services

lawyers in Chennai
lawyers in Bangalore
lawyers in Hyderabad
lawyers in Cochin
lawyers in Pondicherry
lawyers in Guwahati
lawyers in Nashik

lawyers in Jaipur
lawyers in New Delhi
lawyers in Dimapur
lawyers in Agra
Noida lawyers
lawyers in Siliguri

For Mutual consent Divorce in Delhi

Ph no: 9650499965
For online Copyright Registration

Ph no: 9891244487
Law Articles

lawyers in Delhi
lawyers in Chandigarh
lawyers in Allahabad
lawyers in Lucknow
lawyers in Jodhpur
Faridabad lawyers

lawyers in Mumbai
lawyers in Pune
lawyers in Nagpur
lawyers in Ahmedabad
lawyers in Surat
Ghaziabad lawyers

lawyers in Kolkata
lawyers in Janjgir
lawyers in Rajkot
lawyers in Indore
lawyers in Ludhiana
Gurgaon lawyers


India's Most Trusted Online law library
Legal Services India is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2017
 ISBN No: 978-81-928510-1-3