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Home/Practice Areas/Corporate and Commercial Advisory
Pillar: Advisory

Corporate and Commercial Advisory

Foundational entity structuring, shareholder agreements, corporate governance, board procedures, and day-to-day enterprise counsel.

Practice Overview & Judicial Context

Nature of the Practice

Corporate advisory is not merely an occasional transactional event; it is the continuous legal stewardship of an operating enterprise. At MR Legal Solutions, our corporate practice is guided by senior counsel who actively litigate commercial contracts in court. Because we know how agreements break down under judicial scrutiny, we draft corporate charters, founder agreements, and governance frameworks that prevent disputes before they start. We support growing enterprises, family businesses, and subsidiaries through every stage of commercial existence.

Governing Statutes & Statutory Framework

Substantive & Procedural Laws

Matters in this domain are governed by the following core enactments, rules, and statutory standards in Tamil Nadu:

1Companies Act, 2013
2Limited Liability Partnership Act, 2008
3Indian Partnership Act, 1932
4Foreign Exchange Management Act, 1999 (FEMA)
Representative Matters & Dispute Profiles

Scope of Representation

The firm represents clients across the lifecycle of instructions within this legal domain:

  • Choice of corporate entity, incorporation, constitutional drafting (Memorandum & Articles of Association, LLP Agreements)
  • Shareholders' Agreements (SHA), Share Subscription Agreements (SSA), Co-founder Agreements, and vesting schedules
  • Structuring share transfer protocols, right of first refusal (ROFR), tag-along/drag-along rights, and founder exit terms
  • Board meeting and annual general meeting procedures, board resolutions, and governance compliance
  • Directors' statutory duties, fiduciary responsibilities, and mitigation of personal liability under the Companies Act, 2013
  • Structuring related-party transactions, internal approval matrices, and arm's length compliance documentation
  • Business transfer agreements (BTA), asset sale agreements, and legal due diligence audits for investments
  • Proceedings before the Registrar of Companies (RoC), Regional Director, and the NCLT for compounding of statutory offences
Jurisdictions & Forums

Courts & Tribunals of Appearance

The firm's advocates appear before the following judicial and quasi-judicial bodies in this practice area:

National Company Law Tribunal (NCLT Chennai Bench)
Registrar of Companies (RoC), Tamil Nadu
Regional Director (Southern Region), Ministry of Corporate Affairs
Corporate Boardrooms & Transaction Desks
Client Sectors Affected

Cross-Disciplinary Industry Verticals

This legal domain frequently impacts businesses and clients operating in:

Contact Options

Contact Information

Use the options below to contact the firm about this practice area. Conversations are protected by statutory privilege under Section 132 of the Bharatiya Sakshya Adhiniyam, 2023.

Offices in Chennai:

• Anna Nagar (Firm Office)

• Nungambakkam (Consultation Office)

Mon–Sat: 10:00 AM – 6:30 PM (Prior appointment)