Please guide us: startup seeking legal advise
Ayush Agrawal
(Querist) 26 March 2016
This query is : Resolved
Hello Mam / Sir,
My name is Ayush Agrawal.
I am going into packaging and marketing industry.
Ours will be a sole-proprietorship firm based in Madhya Pradesh with its office in Jabalpur.
We will outsource our products from Kerela.
Packaging will be done locally and marketing will be done through our various contacts.
We will be dealing in packaged Cereals, Dals, Flours, Spices, Spice Powders, Culinary Pastes, Masala Mixes, Oils, Health Foods, Snacks, Breakfast Cereals, Juices, Cookies & Millets among other items.
I am very weak when it comes to legal matters and do not know much about the various laws which would govern us.
What all would we be have to be careful about?
What all licenses and certificates would we be required to have?
Our business would come under purview of which departments of governments as we are currently only outsourcing our products and not growing them.
I have heard food department inspectors and excise department inspectors trouble a lot for funds and extort funds by mixing wrongful stuff in good packets.
Since we are dealing with foods, what all do we have to be careful about?
We are a very small startup and cannot afford bribes or even lawyers for that matter.
Any advice would be helpful.
Please not we have very less capital and cannot afford many things like lawyers and CAs right now.
We are 2 partners and not drawing salary and opened a sole proprietorship instead as income tax after 3 years would become 20 percent if we had opened a partnership.
One of us has given loan to firm and other has invested capital.
Devajyoti Barman
(Expert) 26 March 2016
The legal complainces and requirements to fulfill in carrying out such wide array of business are too many to mention in the platform.
You have to seek professional service from a lawyer to have permanent solution.
Ayush Agrawal
(Querist) 26 March 2016
Please help me if possible. Since I am a startup, cannot afford a lawyer or a CA at this point.
If this forum can guide me in even 75 percent of the activities, I would be really greatful.
Ayush Agrawal
(Querist) 26 March 2016
Please help me if possible. Since I am a startup, cannot afford a lawyer or a CA at this point.
If this forum can guide me in even 75 percent of the activities, I would be really greatful.
Devajyoti Barman
(Expert) 27 March 2016
In this Forum commercial queries are not replied.
Suhail A.Siddiqui
(Expert) 27 March 2016
Mr. Ayush
It is immaterial u are having small capital or big capital, we people are here to guide for a problem, but u want to establish business, which required compliance a licence, which could not cater casually. Casual consultancy approach remain harmful.Pl. consult local law Lawyer.
Ayush Agrawal
(Querist) 27 March 2016
Ok. Thank you for not helping.
I will post query in another forum.
I asked here as I cannot afford a local law firm currently.
Seems this forum is not interested in helping startups and only interested in cases that have either been filed or notices have een sent or when there is matter of wills thereand money to be made and you guys speak about not asking commercial questions.
Adv. Yogen Kakade
(Expert) 28 March 2016
Yes, this is a commercial query.. state the legal issues if any.
