Centre for Law, Entrepreneurship and Action Research [CLEAR], DOMS; NALSAR University of Law is envisaged as an array of interventions (research and consultative) geared towards creating an impact on the entrepreneurship environment in India. It also aims at enabling entrepreneurs by providing a broad based legal and commercial foundation for developing successful and impact generating business models.
We intend to facilitate entrepreneurs with critical enablers to support their transition from concepts to commercially viable businesses creating positive & sustainable impact. The CLEAR shall make conscious efforts towards facilitating knowledge, skills and expertise to foster lasting successes of enterprise creation as well as sustenance.
Evolve as a premier centre in the field of Innovation, entrepreneurship and structured research and interventions for the larger benefit of society
The young and often inexperienced entrepreneurs require hands-on support on various aspects of building an enterprise. Some of the most pertinent issues from the perspective of start-ups and founders are:
One of the most critical elements that impacts any venture, and more so an aspiring start-up, is the legal environment/framework that businesses operate within. The entire business environment is interfaced with legal and compliance framework, which if understood properly and responded to according to set precedents, acts as a facilitator of business rather than an impediment to it. Legal framework is all pervasive, commencing from registration of an entity to structuring transactions and complying with regulations, filing taxes to handling disclosures, entering into contracts to dealing with legal intricacies.
For Start-ups, analysing business models, expansion & growth strategies, and understanding the legal and regulatory implications of
opting a particular business structure (including in VUCA environments) are critical. With the policy surrounding the start-up space changing dynamically at all levels and across sectors, it becomes imperative that founders understand the legal and regulatory landscape as well as commercial and financial outlook surrounding any idea and accordingly structure their business models to minimize risks.
Such positive and non – intrusive intervention requires expertise of law as well as management. NALSAR is the only law school in India that offers such a combination. Recognition of our efforts is in being ranked the best university, in its space, by NAAC. Subject experts, practioners, thinkers, mentors and inquisitive minds find NALSAR a destination of choice. We are one of the founding members of T-Hubs and are keen to augment its achievements with our services.
Associate @ CLEAR
A chartered accountant by qualification with over 10 years of experience in business management, financial consultancy, and start-up ecosystem. His work with start-ups, assisting them in developing business plans and investor pitches and validating ‘idea to revenue strategies’ at the concept level.
Access his full profile @ https://www.linkedin.com/in/praveen-munukutla-b3254b1b/