PANAJI: At a time when professionals are operating out of homes during this ongoing lockdown due to COVID-19, Goan legal tech start-up firm The Legal Capsule has started special service for enterprises to help them sign contracts remotely.
“Currently there is total lockdown across India. There is a totally stand still in operations. Enterprises are unable to do any legal documentation due to covid19 lockdown. Hence to facilitate any transaction in business, we have offered a platform to professionals where they can create an agreement (draft), send it for review to other party, sign and procure stamp paper without having to print or physically sign,” Director and CEO at The Legal Capsule, Gautami Raiker told GT.
* Help businesses work efficiently from home.
* Instantly create legal documents
* Digitally sign documents (compliant to the Information Technology Act)
* Procure Indian stamp papers online without having to visit any vendor
* Manage renewal dates to set automatic renewal reminder of agreement
* Review and Negotiate documents on the platform without the need to exchange printed documents
* Authenticate aadhaar details by a easy 3 minute KYC verification process
* Resolve contractual disputes on the platform
By using the Legal Capsule contract management platform, you can send, review and e-sign contracts like never before. It empowers executives to work and transact remotely.
It's a contract lifecycle management (CLM) for companies to manage all their documents on the go. The Legal Capsule - Corporate - is a B2B model to target companies to digitise their contracts.
“The product is an end-to-end solution that makes it easier to create, collaborate, negotiate, e-sign, store and manage agreements and forms all on one platform. Let's be honest, nobody likes paperwork, even more so when there's a tonne of it required as legal formalities for any business. During the covid19 issue, we are working on special package for start-ups to use our platform and sign documents digitally. This is done understanding the current economic scenario” Raiker said.
Not only does The Legal Capsule offer legal documents online at convenience of people, one can digitise documents and push them on auto-pilot mode.
“Get e-signature using Aadhaar based verification right from smart phone or Personal Computer, get Indian e-stamp papers online, collect recurring payments through e-NACH system, E-KYC to authenticate ID proof and individual using through government records, automatic timely reminders amongst host of other services,” she said.