28, 3rd Floor, New Bansilal Building, Opp. Bombay House, 11 Homi Modi Street, Fort, Mumbai 400001
There is a growing sense that along with an exponential rise in interest and investment in real estate and construction projects there has been a rise of disputes and risks. Real Estate & Infrastructure is one of the most complex sectors when it comes to handling of the legal issues. Legal and financial complications in matters related to real estate development are best handled by somebody who has in-depth and extensive experience in every aspect of the real estate business. Lex Services focuses on Central Laws which have an effect on real estate transaction in India such as Transfer of Property Act, 1908, Indian Contract Act, 1872, Specific Relief Act, 1963, Urban Land (Ceiling & Regulation) Act, 1976, Land Acquisition Act, 1894 and Real Estate (Regulation and Development) Act, 2016 and State Laws such as Maharashtra Housing and Area Development Act, 1976 and Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971.
We represent real estate owners, developers, investors, tenants, co-operative societies, broker, purchasers and vendors in diverse real estate transactions.
Lex Services has an extensive experience in dealing with conveyances. We also conduct due diligence and title verification for our client in respect of acquisition of agricultural or non-agricultural land, structures or building and issue Title Report. We specialize in drafting Development Agreement, Sale & Purchase Agreement, Conveyance Deeds, Leases, Leave & License Agreement, MOU. We also aid our clients in setting up Joint Ventures in regards to their construction project. We aid our clients in all kinds of property transactions. Real Estate & Infrastructure Sector is one of our core competences.
Due Diligence of Real Estate Transactions is another core area that Lex Services expertise in. Due Diligence is a lengthy and a time consuming process and we aid our clients to assess the transaction, identify possible legal issues and then assist our clients in taking an informed favorable decision.
We represent clients who are interested in taking a property for a long term lease or license basis.
Lex Services has an extensive experience in conducting due diligence and title verification in respect of acquisition and disposal of residential / commercial / industrial units and issuing Due Diligence Report.
Banking & Finance in India is governed and managed by various laws. Each Banking and Financial Institute has to adhere to the laws and rules that are laid down by the government.
Lex Services focuses on Central Laws which have an effect on banking and financial transaction in India such as The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002, The Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Reserve Bank of India Act, 1934 and The Banking Regulation Act, 1948.
We advise and represent borrowers, banks and NBFC with respect to the banking and financial laws of the country.
We have substantial experience in project finance, debt restructuring, structuring of loans, resolving credits, corporate finance, assessment of stamp duty, registration implication and legal audit. We undertake drafting of finance agreements, escrow agreements, Mortgage Deeds, Hypothecation Deeds, Share Pledge Agreement and Share Transfer Agreements.
Cooperative Society are governed and managed by Cooperative Society Byelaws. Each cooperative society has to adhere to these rules laid down by the government to qualify as a registered cooperative society in the state. Cooperative society byelaws differ depending upon the city or district the society is located.
At Lex Services, we provide legal advice pertaining to any matter related to co-operative society. We provide not only on-going legal assistance and representation for cooperative housing societies but also assist in the management of the society by handling and settling of disputes, assisting in registration of the society, Deemed Conveyance, redevelopment, maintenance, transfer, transfer amongst family member and much more. We also assist in helping the managing committee members by advising them on the best methods of management and book-keeping so that interest of individuals and that of the cooperative society are protected.
Lex Services has a dedicated litigation team who has gained wide experience in handling matters related to civil lawsuits. Litigation is a lengthy and time-consuming process, taking 10-15 years, from the time of filing the suit or petition to the time of execution of the decree. At Lex Services, we try to minimize the process by constructing remedies and reliefs in a manner that gets our client’s the desired results.
We assist our clients in civil and commercial matters; winding up, corporate insolvency and liquidation proceedings; recover proceeds before various forum including summary suits; real estate litigation before RERA, appellate authority and/or High Court; consumer protection matters before District, State and National Consumer Disputes Redressal Commissions; debt recovery matters before Debt Recovery Tribunal and Debt Recovery Appellate Tribunal; corporate matters before the National Company Law Tribunal and the National Company Law Appellate Tribunal and/or any other court, tribunal and adjudicating authority.
Lex Services has an experience in advising and representing clients in criminal matters in different courts, including Magistrate Courts, Sessions Court, High Court and other adjudicating authority such as Police Station, Economic Offence Wing etc. Criminal Litigation is a gruesome process not only for an individual but for the whole family. We at Lex Services aid our clients in making criminal litigation a less stressful process.
We assist our clients in matters of Economic Offences, Dishonor of Cheques, Quashing of FIR’s, Bail, Anticipatory Bails and Criminal Complaints.
Arbitration is considered more user-friendly and streamlined alternate dispute resolution mechanism when compared to the traditional litigation process.
Lex Services have resolved quite a few disputes in Arbitration since its incorporation. We aid our client right from the Pre-Litigation Stage to appointment of arbitrators to interim relief to expert evidence to Enforcement. We also aid our clients in challenging arbitral awards.
There is a wide and varied body of laws which requires compliances by the company incorporated and operating in India. This commences with the Companies Act, 1956 and now Companies Act, 2013 which forms the base.
We at Lex Services, have required expertise to assist Indian companies on all legal, tax and regulatory compliances. This includes advising companies on the specific structures available for conducting business, drafting the companies MOA and AOA, incorporating the company, labour policies, intellectual property rights, as well as other necessary registrations.
Charitable Trusts are government approved registered bodies that work for the betterment of the society and people in general. Charitable Trusts are formed and registered so as to they can work for various social causes. The activities and funds of a charitable trust are governed by a board of trustees as per the registered trust deed. Grants, tax breaks and special benefits have been extended to Charitable Trusts by the government. The purpose of formation and work of a charitable trust has to be strictly in the charity domain. Charitable Trusts are barred from undertaking any commercial activity to make profits.
We at Lex Services assist our clients in establishing and registering a charitable trust, drafting trust deeds as well as other necessary regulations laid down by the government for governing and running of a Charitable Trust.
Lex Services provides comprehensive representation in some aspects of family laws. Family laws in India are governed and managed by variety of laws (codified and uncodified). Each matter shall have to comply to the laws depending upon either the religion or the cause of action.
At Lex Services, we expertise in testamentary matters such as Probate, Letter of Administration and/or Succession Certificate. We also advise and assist our clients in matters relating to guardianship. We undertake drafting of Family Arrangement Agreement, Partition Deeds and Wills so that the interest of our client is protected.
Lex Services provides comprehensive legal assistance to MSME’s through all their phases from incorporation to registration to growth to dissolution. MSME is governed by the Micro, Small and Medium Enterprises Development Act, 2006.
We assist our clients in legal and regulatory aspects governing MSME; choosing the right business structure; registration under MSMED Act, 2006; drafting agreement, contracts and any other legal document; negotiations between our client and investors; any legal issues arising during the subsistence of the business; benefits of all the schemes introduced by the Government of India and formulating the exit strategy.
Lex Services provides quality, strategic and timely legal advice to new ventures and start-ups. We hand-hold and advise entrepreneurs on the legal aspects of setting up a start-up as well as on resolving any legal issues that might come up. Our knowledge and understanding of both the legal and regulatory framework and our client’s business give us a unique advantage for being able to serve our client in best possible manner. Our ability to help start-ups think ahead and prevent taking unnecessary risk underlies our client engagements.
At Lex Services we assist our clients from pre-startup assistance to negotiating with investors to drafting legal documents to providing legal guidance in resolving legal issues to benefiting from schemes introduced in startup India programme to formulating an exit strategy.