Nalsar arm to train start-ups on legal aspects of running a business
Conforming to legal and regulatory norms is not something that comes easily to start-ups. Setting up a company, raising investments, the association between founders, recognising and protecting the privacy of consumers, protecting intellectual property rights and winding up a business – there are a host of legal and regulatory issues involved in running a business.
Though fledgling entrepreneurs may be good in the core technology areas, they are at a loss when it comes to conforming to statutory compliance.
But there is help at hand. The Hyderabad-based National Academy of Legal Studies and Research University of Law (Nalsar) is to give start-ups a hand with the legal intricacies of running businesses.