Convertible Note
A debt-like early-stage financing instrument, structured to stay within the deposit-exemption rules — not just at signing, but continuously.
- DPIIT deposit-exemption framing under the Companies (Acceptance of Deposits) Rules
- FEMA tenure terms aligned to the current 10-year limit for foreign investors
- Valuation cap and conversion trigger mechanics clearly defined
- Continuing-condition language, not just a point-in-time compliance check
📧 Rakeshkjaiswar@seedhakanoon.com
📱 +91 91679 36053
Startups raising a bridge round
Raising capital quickly without pricing a full equity round, using a convertible instrument instead.
Early-stage investors
Investing via a convertible instrument ahead of a priced round, needing clear conversion and valuation-cap terms.
What we actually checked, and when.
1. Update the jurisdiction. This template is drafted with placeholder city/state fields — replace them with your own business's actual location, not any example city shown in the document.
2. Print on valid stamp paper. This PDF is a drafting template, not an executable legal document on its own. Under the Indian Stamp Act, most agreements need to be printed on physical stamp paper (or e-stamped) of the correct value for your state before signing — an unstamped agreement may be inadmissible as evidence until the deficiency is paid. Confirm the correct stamp duty and process for your state before execution.
Get notified if a law affecting this template changes
₹149/year. If anything in the Verification Passport above changes — a new notification, an amended threshold, a court ruling — you'll get a plain-language email explaining what changed and what to do about it. Cancel anytime; this is a manual, personally-reviewed service while we're still small.
Payment link sent to your email after signup — this form just registers your interest first.