LexNovaLegal Associates
Legal Opinions
Reasoned written opinions for boards, lenders, auditors and counterparties.
An opinion is relied on by people who will not read the underlying law. It therefore has to state a conclusion, disclose its assumptions, and identify precisely what it does not cover — and it has to do so in language a board or credit committee can act on.
LexNova issues reasoned written opinions on title, enforceability, corporate capacity, regulatory position and specific transaction questions, addressed and qualified so the recipient knows exactly what they can rely on.
What this service covers
Reasoned written opinions for boards, lenders, auditors and counterparties.
Conclusion up front
The answer appears on the first page; reasoning and assumptions follow.
Scope stated clearly
Assumptions, documents reviewed and exclusions set out so reliance is properly bounded.
Addressee-ready
Opinions formatted and qualified to the standard lenders and auditors expect.
Frequently asked questions
- How long does a title opinion take?
- Usually one to two weeks once the parent documents, encumbrance certificate and revenue records are available; missing links in the chain of title are the common cause of delay.
- Can a lender rely on an opinion addressed to us?
- Only if reliance is expressly extended. We can address an opinion to additional parties or issue a reliance letter where appropriate.
- What types of legal opinion do you issue?
- Title opinions on immovable property, corporate authority and capacity opinions, enforceability opinions for lenders, FEMA and regulatory opinions, and transaction-specific opinions requested by auditors or counterparties.
- What documents are needed for a title opinion?
- The parent and link documents for the statutory period, the encumbrance certificate, patta and revenue records, approved plans and tax receipts, and any prior mortgage or release deeds. Gaps in the chain are the most common reason an opinion is qualified.
- Why do opinions carry assumptions and qualifications?
- An opinion is given on the documents examined and the law as it stands on the date of issue. Stating assumptions and qualifications expressly is what makes the opinion reliable rather than misleading.
- Is a legal opinion confidential?
- Yes, unless reliance is expressly extended to a named third party. Where a lender, investor or auditor needs to rely, we address the opinion to them or issue a separate reliance letter.
Part of our Corporate & Commercial Law practice group. View all practice areas.
Based in Tamil Nadu? See how we run this work as a Indian legal opinions for NRI and foreign clients.
Need advice on legal opinions?
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