Legal diligence support
The public record, tabulated for your counsel.
Corporate history, cases, charges (registered claims over the company's assets) and filing compliance across the group, taken from registries and courts. Your counsel starts from a sourced issues list instead of a blank page.
Law firms
You are running legal diligence on a mid-size deal and the associates are about to spend a week on registry searches. Take that week off the clock and spend it on the transaction documents.
Funds and family offices
You want the issues list before you brief counsel, so the first call is about the three matters that count and the brief is shorter and cheaper.
Private credit lenders
Before you take security, you need every existing charge and pending claim against the asset and the group, with the date the search was run.
We gather and tabulate the public record. Your counsel reads and interprets it. The output is a list of issues for counsel with no legal conclusions, in the format the firm already uses, so it can go into the diligence report without reformatting. The partner reads the issues list. The associate works from the tables behind it.
Winding-up petition for ₹1.8 cr, pending hearing, against a company that shares two directors with the target. The data room's litigation schedule does not list it.
Illustrative finding. Not a real company.
What lands on your desk
Corporate history table
Every change of name, office, capital and directors, with filing type and date.
Cases table
Forum, parties, claim, stage, next date and a link to the order, sorted by amount at stake.
Charges table
Holder, amount, asset, created and satisfied dates, from the registers searched. A charge still open on the register after the loan was repaid is marked. It will surface in the next lender's search.
Issues for your counsel
The partner's reading list. Each matter has its source. No conclusions.
How the work runs
Agree scope
Entities, period and specific concerns, with you or your counsel. Public records only, so no consent is needed. If counsel has a request list, we map it against what the registers can answer and say which items need the company.
Rebuild corporate history
Name changes, office moves, share allotments and transfers, special resolutions and director changes, from MCA21. The capital table is rebuilt from filings and compared with the one in the data room. Allotments filed late, or at a price nobody can explain, show here.
Search the group
eCourts, NCLT and NGT and IBBI and NCLT insolvency records across the company, its directors and linked entities, plus orders published by SEBI. Every spelling of each name is tried and logged, because court indexes handle initials badly.
Tabulate charges, filings
Charges and satisfactions (Form CHG-1 charge registrations), other security registrations where they exist, and late or missing statutory filings. Borrowings in the filed accounts are set against the charges, and the differences are listed.
List the issues
A named analyst checks each entry against its source and writes the issues list: what the record shows, where, and what counsel may want to ask. Not what it means in law.
Constitution and capital
Charter documents as filed, share-capital history, allotments, transfers, special resolutions, and every change to share rights.
Board and management
Appointments, resignations, related directorships, and gaps in the required officers.
Charges and security
Every filing found through Form CHG-1 charge registrations, and its status. Borrowings in the accounts with no matching filing, and filings with no matching borrowing, are flagged.
Related parties
Related-party filings and notes, and entities that share addresses, directors or auditors.
Secretarial and compliance
Late filings, penalties and enforcement notices under the Companies Act, 2013, and the status of statutory registers where the record shows it.
Litigation
Every case found in eCourts, NCLT and NGT, tabulated by forum, party, stage, amount and next date.
Regulatory orders
Orders and notices from the securities, banking, competition and tax authorities.
Permits and IP
Licences, environmental and industry permits on public registers, registered marks and patents, and who owns them.
Insolvency
Any insolvency filing or notice found in IBBI and NCLT insolvency records, against the company, its directors or its group.
Extension by agreement: contract review for change-of-control and other clauses, title papers, data-room reading. Usually 5 to 7 Business Days.
Name the company and pay. Clock starts.
Registry filings, courts and regulator orders pulled and matched.
Filings are read and structured: capital table, charge table, case table, resolutions.
A named analyst checks the structure, reads the flagged orders and drafts the summary.
Legal record pack delivered. It is analysis for your counsel, not a legal opinion.
Usually (our estimate)
Usually 5 to 7 days of manual searches and reading, then a re-key into the firm's table format.
Kubr
2 to 5 Business Days from a complete data set.
Typical times are targets we are still testing in the pilot. The 2 to 5 day window is the commitment. Terms in Disclosures.
What the cases taught us
Governance failures feature in many of the 483 cases. Most leave a mark on the public record before they become a crisis.
Forged or altered documents appear in many cases. We compare what the company says was filed with what the register shows.
Regulatory breach features in many cases, and litigation and regulatory records in many of them. We tabulate them so counsel reads the ones that matter.
Counts come from our first review of the public cases in the casebook on this site. We mapped each case, on hindsight, to the checks that could have surfaced it. It is our reading, not a finding about any company. Many cases describe allegations that are contested. See the cases
ChecksWhat we check, in plain words
| Check | What it means | An illustration (invented) | It can mislead when |
|---|---|---|---|
| Ownership / related-party links | We look for hidden ties between the company's counterparties and its owners, through directors, shareholders, addresses, phones and auditors. | A supplier paid ₹3 crore shares a registered address with the promoter's brother. | Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path. |
| Regulatory & litigation records | We search courts, tribunals, regulators and insolvency records for cases and orders against the company, its owners and its past firms. | A promoter's earlier company was barred by a regulator two years ago. | Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet. |
| Governance signals | We read the warning signs around the company: auditor changes, qualified opinions, executives leaving, pledged shares and late filings. | The auditor resigned mid-year and the company filed its accounts late. | Private companies file late, so these signals are lagging. Kubr uses them to support other flags, not to prove anything alone. |
| Collateral & double pledge | We check whether the same asset, invoice or receivable was pledged to more than one lender. | One set of receivables appears as security to two different banks. | Pledges made off the registries stay invisible, and vague invoice descriptions are hard to match. |
What it will not tell you
- We do not say what a case means legally. We list it as an issue for your counsel.
- Side agreements, private arbitrations and settlements rarely reach a public record. We review contracts only if you share them.
- Unfiled disputes and unindexed cases are out of view. Each search carries its date and the spellings tried. Ask for a bring-down search, a repeat of the search just before signing.
- Pledges made off the registers are invisible. Where a charge is expected but missing, we say so.
Not in this service: give a legal opinion or read court files that are not online.
What it can do
- Rebuild the corporate history from MCA21, including allotments and director changes.
- Search cases across the company, its directors and the companies linked to them.
- Turn court orders into rows: forum, claim, amount, stage and outcome where recorded.
- Match registry charges against other security registers where they exist, and flag one asset registered to two lenders.
Why it differs from the usual way
Usually
Court and charge searches run on the target's name only.Kubr
We search the whole group, linked through directors and shareholdings.Usually
Searches arrive as cause lists and PDFs, and an associate turns them into a table.Kubr
Each matter arrives as a row with forum, claim, stage, next date and the order linked.Usually
Charges are listed from one register.Kubr
Registry charges and other security registers are matched. Two charges on one asset get flagged.Records we examine
| Record | What we take from it |
|---|---|
| Company registry (MCA21) | |
| Court and insolvency records (eCourts, NCLT and NGT) | |
| Charge and security registrations (Form CHG-1 charge registrations) | |
| Regulator orders (SEBI) |
Some records need the company's consent. The report says which were pulled from source and which the company supplied.
In India
- What we pull here
- Charges, CERSAI security interests, litigation and tribunal records, statutory filings, licences on public registers and regulator orders.
- What is thinner here
- Title to land and property is held in state registries with uneven online access, so it is flagged for counsel.
- Note
- Route for state land records to be confirmed with local counsel.
What it costs
Pick the size of the deal or exposure. The fee is fixed before work starts.
₹75,000
Above the top band the fee is quoted individually. Indicative base, in local currency, before tax. All services and what moves the fee
Shape the scope
Time horizon
Entities
Speed
The fee shown for your deal size is an indicative base. A longer look-back, more entities or a faster turn moves it. The quote fixes the number before work starts.
Questions
Will you tell us whether a case matters?
No. Kubr is not a law firm. We gather and tabulate the record. Your counsel interprets it.
Can you work with our law firm?
Yes. We deliver to your counsel directly, in the format they use.
Does the company need to consent?
No. This uses public records only. Contracts, if reviewed, come from the data room you share.
How current is the search?
Each search carries its date. Court indexes lag by days to weeks depending on the forum. A repeat search just before signing closes most of that gap.
Often paired with
Start with one company.
We reply within one business day with scope, price and a date. Indicative prices in INR, before GST at 18%. Scope and price are fixed in the engagement letter.