Legal compliance for investment reporting for startups

Exploring future opportunities

To make the students understand the necessity of legal regulations required for start up businesses, the Department of Law, Brainware University, organised a seminar on "Legal Compliences for investment reporting for Start-ups', on February 17, 2022. Vaneeta Patnaik (Assistant Professor of Law, NUJS)was the key speaker of this event.

Patnaik started the seminar by explaining the importance of law in a start-up. She explained that with the increasing complexity of technology and the multifaceted and global nature of transactions, it is paramount for new and emerging enterprises to have a strong legal base to survive. ”You should have clear knowledge of the legal requirements of a start-up” suggested the speaker.

The speaker made the students aware that a lot of emerging businesses do not pay much attention to formalize the structure of the contracts and basic incorporation related documents. This can create legal complications in case a dispute arises or while raising investment, at any stage of a start-ups growth. She ensured that adhering to legal requirements is crucial for any organization; knowledge and compliance with applicable laws is the initial step to ensure smooth business operations.