Hello Friends,

Kapil Sharma Advocate this side,

In Today’s Climate of Frequent Fraud it is important that we should give appropriate attention to “Legal Consultancy” and proper “Due Diligence of the Matter”.

For example if we talk about, conduction of Legal Due Diligence before buying any Plot or Flat. It is seen that buyers often underestimate the importance of “Legal Due Diligence of the Property”. There are numerous cases in which an oversight in the property matters has caused the buyers position to be seriously compromised. Literally every document concerning the building and its operation must be examined. Beyond the Physical condition of the building there are multitudes of intangibles that have to be taken into account when evaluating a property legally.

From the buyers point of view disclosures given in the due diligence report might provide the grounds to renegotiate the price or other key terms of the transaction. In such a case the buyer can demand a reduction in the purchase price or some other suitable concession from the seller. To get the maximum benefit from the due diligence the buyer should begin the process early before executing any agreement from the seller. Experience shows that a discrepancy is more likely to be reconciled to the satisfaction of the buyer if it is raised early than if it is raised at the 11 th hour. From the Seller’s point of view, if the seller discovers such a situation early enough, he can formulate a work- around that does not kill the deal or compromise the sellers bargaining leverage.

Now take another example wherein Corporate Houses requires the Legal Consultancy on day to day basis.

Corporate Houses have a good quantitative team of Legal persons in their In-house Legal Department and they generally throw all their important issues of Legal Drafting and Legal Consultancy to them.  

But here it is a matter of concern that why to leave the vital tasks to such employees. Let me tell you the answer. The answer is that no corporate house would want to waste its precious money on such issues. But on the other side, quality of work however somehow gets compromised.

Being a CEO / Managing Director or the Part of Higher Management Team, Many times, you spend the entire day reading lengthy agreements received from your vendors/customers, the entire night reviewing them and send them out by morning to your In-house Legal department with a heading in the e-mail that “Please see and comment”. However what I feel that, The perfect internal review of Legal department rarely ever happens. Often, because in the capacity of owner of a big corporate house we believe that our role is completed by flooding our In house Legal department’s inbox with e- mails and then sending periodic chasers.

The In house Legal department’s work is complete by copy-pasting provisions from the old formats. The most common to such drafts are overly lengthy content, excessive references to provisions and statutes and irrelevant annexures. And their head is just someone who stays back to stare at the employee’s screen to watch copy-paste drama at its best and all in the name of “ Reviewing & Vetting”. And from these copy paste drafts we the owner of the company feels that we can sleep better at night. But can you really blame them? The answer is No.

It is also correct that this is not the case with all In house Legal departments of Corporate sector. There are some truly brilliant employees in many of the corporate houses. But It’s just sad that they’re the exception and not the rule.

Being an Advocate and having a vast experience of giving Legal consultancy to the Various corporate houses particularly in the Corporate sphere of India which I gained during my 17 years working with Major giants of Corporate Houses, I decided to open up this platform which will cater all Legal Needs of a Corporate House in the ambit of latest acts, Rules, bye laws, notifications, and current real estate market scenario.

Availing my services, Individuals and Corporate Houses do not have to go to different places for different Legal support, rather they do not have to be totally dependent on their In house Legal department for vital issues and related work.

We are also engaged in providing any type of Legal Help in Land Acquisitions, Title verification’s of Land, Plots, Flats & Various types of Properties situated in India, Registration of Sale Deeds/Commercial Lease Deeds and over all Legal Consultancy on the matters related to Property and Land.

As far as Litigation is concerned, Advocate Kapil Sharma had represented a sweep of cases from the high-profile to the controversial and have a number of high profile defense cases to credit him as a lawyer. We as a team believe in the necessity for full research into all case laws. We also believe that the measure of how well you’ve argued in court comes not from the judgement of the court, but from how you personally feel you have performed.

We always try to deliver our Legal opinions on complex legal propositions with clarity so that our clients may be able to comprehend the suggestions that are being made.

Our clients usually get every kind of Legal support done under one roof. 

So, that is the “Kapil Sharma” & his team for you. Simple at heart but a thorough professional by knowledge.

Regards

Kapil Sharma

(B.Sc, LL.B, LL.M)

Advocate and Legal Consultant In India.