Operating A Co-working Premises: Pre- And Post-take-over Actions By The Owner & Operator

This article examines the core conditions of the pre and post-take-over phases during the setting up of a co-working space, and the corresponding obligations of the parties. It is Part V in our series of articles on setting up and operating a co-working space in India.

Part I of the series details the issues addressed by a legal due diligence undertaken on a premises to identify risks associated with converting the same into a co-working space.

Part II of the series details the typical issues addressed by a technical due diligence undertaken on a co-working space to ensure continuous, safe, and incremental operations from the same.

Part III of the series details the safeguards and mechanisms  that a co-working space operator can negotiate to nullify or mitigate the adverse affects of the sale of such property to a third party.