tiktok成人版

Limited Liability Company Agreement for India

Limited Liability Company Agreement Template for India

A comprehensive legal document governed by Indian law that establishes the framework for a Limited Liability Company's operation and management. This agreement, compliant with the Companies Act, 2013, outlines the rights and responsibilities of shareholders, governance structure, capital contributions, share transfer restrictions, and operational procedures. It serves as the foundational document that regulates the relationship between members while providing clarity on decision-making processes, dispute resolution, and exit mechanisms. The agreement incorporates specific Indian regulatory requirements while maintaining flexibility for business growth and evolution.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Limited Liability Company Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Limited Liability Company Agreement?

The Limited Liability Company Agreement is a crucial document required when establishing or restructuring a company in India. It serves as the primary governing document that defines the relationship between shareholders, management structure, and operational framework of the organization. Used during company formation or when updating existing company structures, this agreement must comply with the Companies Act, 2013, and other relevant Indian legislation. It covers essential aspects such as capital structure, voting rights, transfer restrictions, and management provisions, while also addressing modern business needs such as digital operations and international investment considerations. The document is particularly important for startups, growing businesses, and companies seeking investment, as it provides legal certainty and clarity in operations while protecting stakeholder interests under Indian jurisdiction.

What sections should be included in a Limited Liability Company Agreement?

1. Parties: Identification of all members/shareholders forming the LLC

2. Background: Context of the LLC formation and purpose of the agreement

3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules of interpretation

4. Formation and Name: Details of company formation, registered name, and business commencement

5. Registered Office: Address of the registered office and procedures for changing it

6. Business Purpose: Detailed description of the company's business activities and objectives

7. Capital Structure: Details of authorized share capital, initial contributions, and classes of shares

8. Members Rights and Obligations: Rights, responsibilities, and obligations of all members

9. Transfer of Shares: Procedures and restrictions for transferring ownership interests

10. Board of Directors: Composition, appointment, removal, and powers of the board

11. Meetings: Procedures for board and shareholder meetings

12. Reserved Matters: Decisions requiring special approval or unanimous consent

13. Financial Matters: Financial year, accounts, audits, and distribution policies

14. Confidentiality: Protection of company and member confidential information

15. Term and Termination: Duration of agreement and termination procedures

16. Dispute Resolution: Procedures for resolving disputes between members

17. General Provisions: Miscellaneous legal provisions including notices, amendments, and governing law

What sections are optional to include in a Limited Liability Company Agreement?

1. Foreign Investment Provisions: Required when there are foreign investors, detailing compliance with FEMA and foreign investment regulations

2. Tag-Along and Drag-Along Rights: Optional provisions for share transfer rights in case of significant ownership changes

3. Anti-Dilution Protection: Protection mechanisms for existing shareholders in case of new share issuance

4. Non-Compete and Non-Solicitation: Restrictions on competitive activities and employee solicitation

5. Intellectual Property Rights: Required when the company owns or develops significant IP

6. Employee Stock Option Pool: Required when the company plans to offer employee stock options

7. Exit Mechanisms: Detailed procedures for IPO, strategic sale, or other exit options

8. Digital Operations: Required for companies operating primarily in digital space, covering IT compliance

What schedules should be included in a Limited Liability Company Agreement?

1. Schedule 1 - Details of Members: Complete information about initial members including shareholding

2. Schedule 2 - Initial Capital Contributions: Detailed breakdown of initial capital contributions by each member

3. Schedule 3 - Business Plan: Initial business plan and projections

4. Schedule 4 - Board Composition: Initial board structure and nominated directors

5. Schedule 5 - Reserved Matters List: Comprehensive list of matters requiring special approval

6. Schedule 6 - Share Valuation Methodology: Agreed methods for valuing shares in various scenarios

7. Appendix A - Articles of Association: Copy of the company's Articles of Association

8. Appendix B - Compliance Checklist: List of regulatory compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions


















































Clauses





































Relevant Industries

Technology and Software

Manufacturing

Professional Services

Retail and E-commerce

Healthcare

Financial Services

Real Estate

Education

Consulting

Media and Entertainment

Agriculture

Infrastructure

Logistics and Transportation

Renewable Energy

Telecommunications

Relevant Teams

Legal

Corporate Affairs

Compliance

Finance

Corporate Governance

Board Secretariat

Risk Management

Investor Relations

Business Development

Executive Leadership

Corporate Communications

Administrative

Relevant Roles

Chief Executive Officer

Company Secretary

Chief Financial Officer

Legal Counsel

Corporate Lawyer

Compliance Officer

Board Director

Managing Director

Chief Operating Officer

Investment Manager

Business Development Director

Startup Founder

Corporate Governance Officer

Risk Manager

Company Registrar

General Counsel

Shareholder Relations Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Lease Agreement Form

An Indian law-compliant agreement establishing terms and conditions between property owner and tenant for the rental of residential or commercial property.

Download

Evergreen Contract

An automatically renewing contract template compliant with Indian law, designed for ongoing business relationships.

Download

Contract For Deed

An Indian law-compliant agreement where property is sold through installment payments, with the seller retaining title until full payment is received.

Download

Bespoke Contract

A customized legal agreement tailored to specific business requirements under Indian law, incorporating both mandatory legal provisions and specialized commercial terms.

Download

Supplementary Agreement

An Indian law-governed document that modifies or adds to an existing agreement while maintaining its core structure and legal framework.

Download

Public Contract

An Indian law-governed agreement between a government entity and private party for public procurement, following government procurement regulations and compliance requirements.

Download

Partnership Agreement In Written Form

A legally binding agreement under Indian law that establishes a partnership between two or more parties, defining their rights, responsibilities, and business relationship.

Download

Business Agreement

A legally binding business agreement under Indian law establishing commercial relationships between parties, incorporating key provisions and compliance requirements.

Download

Warrant Agreement

An Indian law-governed agreement establishing terms for issuance and exercise of warrants, complying with SEBI regulations and Companies Act requirements.

Download

Triple Net Lease Agreement

An Indian law-governed lease agreement where the tenant is responsible for property taxes, insurance, and maintenance costs in addition to rent.

Download

Surety Agreement

An Indian law-governed agreement where a surety guarantees the payment or performance obligations of a principal debtor to a creditor.

Download

Subscription Agreement

An Indian law-governed agreement establishing terms for recurring access to products or services, defining rights and obligations of service providers and subscribers.

Download

Sub Tenancy Agreement

An Indian law-compliant agreement allowing a tenant to lease their rented property to another party, subject to state-specific regulations and original lease terms.

Download

Short Term Contract

An Indian law-governed contract for temporary employment relationships, establishing terms and conditions for fixed-duration engagements while ensuring compliance with local labor regulations.

Download

Scheduling Agreement

An Indian law-governed framework agreement establishing terms for scheduled, recurring deliveries of goods or services with predetermined quantities and timelines.

Download

Probationary Contract

An Indian law-governed employment agreement establishing terms for a probationary period of employment, including conditions for permanent confirmation.

Download

Purchase Proposal

A formal document under Indian law outlining a buyer's intent to purchase specific goods or services, including key terms and conditions.

Download

Novation Agreement (Real Estate)

An Indian law-governed agreement transferring rights and obligations under an existing real estate contract from one party to another, with the consent of all parties involved.

Download

Novation Agreement

An Indian law-governed tripartite agreement that transfers contractual rights and obligations from one party to another, with all parties' consent.

Download

Option Contract (Real Estate)

An Indian law-governed agreement granting exclusive rights to purchase specified real estate property within a set timeframe and price.

Download

Material Contract

An Indian law-governed agreement establishing terms for material supply, including specifications, quality standards, and delivery terms.

Download

Labor Contract

An Indian law-compliant employment agreement establishing terms and conditions between employer and employee.

Download

Lease Deed

An Indian law-compliant legal document establishing terms and conditions for leasing property between a lessor and lessee.

Download

Informal Contract

Template for creating simple, legally valid informal contracts under Indian law, suitable for small businesses and freelancers.

Download

Individual Contract

An Indian law-governed employment contract establishing terms and conditions between employer and employee, ensuring compliance with local labor laws.

Download

Franchise Agreement

An Indian law-governed agreement establishing a franchise relationship, granting business operation rights under the franchisor's brand and system.

Download

Form For Independent Contractor

Standard Indian law-compliant Independent Contractor Agreement template for establishing and managing independent service provider relationships.

Download

Encroachment Agreement

An Indian law-compliant agreement that resolves property encroachment issues between parties, establishing rights and obligations regarding the encroached property.

Download

Executive Contract

An Indian law-governed employment agreement for executive positions, defining terms of employment, duties, compensation, and obligations in compliance with Indian corporate and labor laws.

Download

Contingency Contract

An Indian law-governed Contingency Contract establishing obligations dependent on specified future uncertain events, structured under the Indian Contract Act, 1872.

Download

Consent Agreement

An Indian law-compliant agreement documenting explicit consent for personal data collection and processing, ensuring legal data handling practices.

Download

Business To Business Contract

An Indian law-governed contract template for establishing commercial relationships between business entities, ensuring compliance with Indian contract law and commercial regulations.

Download

Barter Agreement

An Indian law-governed agreement facilitating the direct exchange of goods/services between parties without monetary consideration.

Download

Master Contract

An Indian law-governed framework agreement that establishes standard terms and conditions for future specific agreements between parties.

Download

Notarial Contract

An Indian law-governed contract formally authenticated by a licensed notary public, providing enhanced legal certainty and evidentiary value.

Download

Basic Ordering Agreement

An Indian law-governed master agreement establishing terms and conditions for future orders between parties, streamlining recurring business transactions.

Download

Guarantee Contract

An Indian law-governed contract where a guarantor undertakes to fulfill another party's obligations to a beneficiary upon default.

Download

Tenancy Agreement Form

An Indian law-compliant agreement establishing terms and conditions between landlord and tenant for property rental, incorporating relevant state and central legislation requirements.

Download

General Tenancy Agreement

An Indian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant, governed by Indian property legislation and state-specific regulations.

Download

Contract Agreement Form

A standardized contract agreement template compliant with Indian law, establishing legally binding terms between parties.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it