Bylaws Operating Agreement Template for India

1. Committees: Used when the company wants to establish specific committees (e.g., audit, nomination) - recommended for larger companies

2. Share Transfer Restrictions: Include when specific restrictions on share transfers are needed, particularly for closely-held companies

3. Tag-Along and Drag-Along Rights: Include for companies with multiple shareholders to protect minority interests

4. Intellectual Property Rights: Important for technology companies or those with significant IP assets

5. Non-Compete and Confidentiality: Include when protecting business secrets and preventing competition is crucial

6. Corporate Social Responsibility: Mandatory for companies meeting certain financial thresholds under Companies Act 2013

7. Environmental Policy: Important for manufacturing or environmentally sensitive businesses

8. Digital Meetings and Electronic Voting: Include for companies wanting to explicitly allow virtual meetings and e-voting

1. Schedule A - Share Capital Details: Detailed breakdown of share classes, rights, and current shareholding pattern

2. Schedule B - Board Reserved Matters: List of decisions requiring board approval

3. Schedule C - Shareholder Reserved Matters: List of decisions requiring shareholder approval

4. Schedule D - Initial Officers and Directors: List of first appointees to officer and director positions

5. Schedule E - Adoption Certificate: Certificate confirming adoption of the bylaws

6. Appendix 1 - Meeting Procedures: Detailed procedures for conducting various types of meetings

7. Appendix 2 - Share Transfer Procedures: Step-by-step process for share transfers

8. Appendix 3 - Dividend Policy: Detailed policy for dividend declaration and distribution