Shriganesh Hegde & Associates

Shriganesh Hegde & Associates Chartered Accountant Firm in Hubli - Our aim is to render timely and Quality services to our Clients. To contribute to Nation Building

Practicing in Direct Tax, Indirect Tax, Auditing, Project reports and financing and various other services

🏛️ A Legacy of Trust. A Future of Growth.At Shriganesh & Subrahmanya Chartered Accountants, we believe every business de...
02/08/2026

🏛️ A Legacy of Trust. A Future of Growth.

At Shriganesh & Subrahmanya Chartered Accountants, we believe every business deserves more than compliance—it deserves the right financial guidance.

From startups to established enterprises, we provide professional solutions with integrity, accuracy, and commitment.

✔ Income Tax
✔ GST Consultancy
✔ Audit & Assurance
✔ Accounting & Bookkeeping
✔ Company & LLP Compliance
✔ Business Advisory

Your Numbers. Our Expertise.

📍 Hubballi
📞 9449203522

Building lasting relationships through trust, transparency, and professional excellence.

Audit Accounting BusinessConsultant FinancialAdvisory TaxPlanning ShriganeshAndSubrahmanya ProfessionalServices

🚨 Startup Reality Check: Corporate Governance is NOT optionalA founder recently approached me with a situation:👉 “We hav...
26/03/2026

🚨 Startup Reality Check:
Corporate Governance is NOT optional

A founder recently approached me with a situation:
👉 “We have raised seed funding, but honestly… we’ve never conducted a proper Board Meeting.”
- No agenda.
- No minutes.
- No documented decisions.

Everything was happening over WhatsApp and informal calls. Sounds familiar?

📌 Let’s understand the risk:
When you skip structured Board Meetings:
• Investor confidence reduces
• Key decisions lack legal backing
• Future due diligence becomes a nightmare
• You risk non-compliance under Companies Act, 2013

📊 What should a startup ideally do?
Even at an early stage, governance must be simple but structured:
✔️ Send a proper Notice of Board Meeting
✔️ Prepare a clear Agenda (fund utilization, hiring, compliance, etc.)
✔️ Conduct the meeting formally (even via VC)
✔️ Record Minutes within prescribed timelines
✔️ Maintain statutory registers and documentation

💡 Real Scenario Insight:
In one case, during a funding round, investors asked:

“Can you show us Board approvals for past financial decisions?” The startup had none documented. Result?
❌ Funding delayed
❌ Valuation renegotiated
❌ Trust deficit created

🎯 Key Takeaway:
Corporate Governance is not about size.
It’s about discipline. Start early. Stay compliant. Build credibility.

If you’re a startup founder, ask yourself:
👉 “If an investor asks for my Board records today, am I ready?”

06/01/2026

Some Precious Peice of Advice to all the Founders and the team! A startup is not built on 9-5 Mindset. You may choose 9-5 clock but not 9-5 Mindset! May not be present always in office but your vision, thoughts and mind should reflect the growth.

Address

2nd Floor, Shri Veerabhadra Nilaya, Kallur Layout, Near New Court Complex, Gokul Road
Hubli
580021

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