BeaconX Corporate Trusteeship Private Limited provides secure and compliant Escrow and Source Code Escrow Services, ensuring transparent transactions, risk mitigation, and business continuity.
At BeaconX Corporate Trusteeship Private Limited, we provide comprehensive Escrow Services that enable secure, transparent, and contractually governed transactions. Acting as an independent Escrow Agent or Monitoring Agent, we manage the holding and release of funds or assets strictly as per the terms agreed between parties, ensuring regulatory compliance and reducing counterparty risk.
Our offerings also include Source Code Escrow solutions to protect business continuity in software-driven engagements—particularly important for entities operating in regulated and technology-intensive sectors.
Our escrow products:
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Escrow Agent
While the bank provides an Escrow account, we serve as the Escrow Agent—overseeing the transaction and releasing funds only upon fulfilment of agreed terms, ensuring trust, transparency, and risk mitigation for counterparties. -
Mergers and Acquisitions (M & A)
During Mergers and Acquisitions, a portion of the purchase price is held in escrow to cover post-closing obligations, protecting the buyer while ensuring the funds are disbursed to seller by the Escrow Agent upon compliance. -
Settlements Escrow
In legal settlements, funds are held in an Escrow Account and released by the Escrow Agent upon execution of final settlement agreements or receipt of court orders, ensuring lawful, transparent, and dispute-free disbursement. -
Source Code Escrow
Source code escrow is a safeguard where a neutral third party holds software source code, ensuring access for the licensee if the vendor defaults. As per RBI’s Master Direction dated November 7, 2023, Regulated Entities must either obtain source codes for critical applications or set up an escrow arrangement covering all updates. It is widely used by banks, software providers, healthcare entities, government bodies, and large
We Also Offer :
EscrowMumbai Office
