Sale of Patent Rights
Legal

Sale of Patent Rights

The Duhaime’s law dictionary defines a Patent as an exclusive privilege granted to an inventor to make, use or sell an invention for a set number of years.

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Trademark Assignment
Legal

Trademark Assignment

According to Trademarks Act, 1999 “trademark”, is a mark which can be represented in a graphical form and which is capable of distinguishing the goods or services of one person from those of others and may include the shape of goods, their packaging, and the combination of colours.

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Significant details of RERA
Legal

Significant details of RERA

RERA (The Real Estate Regulation and Development Act, 2016) is India’s first Act to give real estate regulation and laws. The Parliament of India has passed the act last year i.e. 2016 and 1st May 2017 was given to Union Ministry of Housing and Urban Poverty Alleviation for the implementation of this Act. This Act formulates and notifies the rules to the regulate, directly or indirectly, for the proper functioning of the real estate sector. The basic motive of introducing RERA Act is to bring fair practices with the clarity to the buyers about their rights and interest and heavy penalties will be imposed on builders if they try to exercise unfair practice or infringe the buyer’s rights and interests.

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Rights and Liabilities of Landlords
Legal

Rights and Liabilities of Landlords

Before renting a property, the landlord must create a rent agreement with the tenant. This agreement outlines the rights and responsibilities of both parties. Various laws govern the landlord-tenant relationship and provide ways to handle disputes. The landlord can evict the tenant on certain grounds, such as breaching the agreement or causing a nuisance.

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Rights and Duties of Tenants
Legal

Rights and Duties of Tenants

Renting a place in India can be a very tedious task. With the spurting growth in job opportunities and the need for a better lifestyle, people have started to move out from their hometowns and have started to occupy cities which offer them good opportunities. Therefore, the landlord-tenant legal relationship has become a big topic lately. The need for clear grounds for this relationship is quite an essential one because both parties need to feel secure about their end of the transaction, as shelter is one of the most basic requirements.

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Types of Contract
Legal

Types of Contract

A contract is simply an agreement between two parties where an offer and acceptance to do or refrain from doing a particular thing along with some form of consideration or remuneration to be given on the fulfillment of the promise.

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Refund Policy for E-Commerce Websites
Legal

Refund Policy for E-Commerce Websites

Today is the era of welfare state concept. We must strike a balance between the buyers and sellers interest. Now a days when the world is opting for online transactions, having a good and sound website refund policy is important in the fields of services.

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Gift Deeds | Explained
Legal

Gift Deeds | Explained

Gift deed is a legal document where a donor voluntarily transfers his assets to the donee. Assets may be property or properties or even money, which are transferred or given as a gift to the donee without any pecuniary (money) interest from the donee. The person making the gift must be solvent, and he must not make such gifts with the intentions of making any illegal gains or for evading tax.

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GDPR against Rising Threats of Data Piracy
Legal

GDPR against Rising Threats of Data Piracy

In this 21st century of ours, the world has benefited tremendously from the ability to collect, process, analyse and share data and use it to provide personalized and powerful services to customers and businesses. But this prevalence of data brings a penalty of risks too, including unwelcome privacy intrusion and nefarious breaches. These days data can really get around from one side of the world to the other side in an instant. Not surprisingly, people are demanding more control over the personal

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Annual Mandatory Compliance for Start-ups in India
Legal

Annual Mandatory Compliance for Start-ups in India

Startups in India have to follow a number of compliances placed by various statues. These include the periodic filing of tax and other returns, holding the board and other meetings, maintaining statutory books and accounts etc.

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NBFCs - Registration and Compliance
Legal

NBFCs - Registration and Compliance

The non-banking financial companies (NBFCs) are on rise and form’s an important part of the Indian financial system. The non-banking financial companies (NBFCs) are a group of institutions that are heterogeneous in nature that raises funds from the public in direct and indirect ways.

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Law relating to Cheque Bounce in India
Legal

Law relating to Cheque Bounce in India

Dishonour of cheque most commonly said as cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could happen because of lacking assets or insufficiency of funds in the bank account of the individual who has issued the check or has put his signature on the cheque that is not coordinating with the original signature of that person. One can proceed against the individual who has issued such a cheque under different provisions of law. The most essential and helpful arrangement to consider the situation of cheque bounce is Section 138 of The Negotiable Instruments Act.

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Website Development Agreement
Legal

Website Development Agreement

A website development agreement is defined as a legally binding agreement between the client having a principal place of business and the developer. The parties’ intending to enter into the agreement exchange views relating to the basic concept of the client’s website and accordingly the developer prepares a draft of the website functionality and appearance. Where the service includes the development of a computer program such contracts are to be treated as contracts for the sale of goods.

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Consultancy Agreement
Legal

Consultancy Agreement

A consultant is someone who has immense knowledge about any particular field say for example software development or human resource and could be hired by the company to solve their problems on a contractual basis. They are not included in the purview of employee and hardly provided any employee benefits. They basically work as an independent contractor so no principal and agent relationship could be established. They provide advice or other services as demanded by a company for a particular project within the said period of time.

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What is an Abridged Prospectus?
Legal

What is an Abridged Prospectus?

The dictionary meaning of ‘abridge’ is to shorten something without destroying the meaning of the original. An abridged prospectus is a summary of the prospectus containing such details as be prescribed by the SEBI.

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Sale of Business Agreement
Legal

Sale of Business Agreement

In this capitalist world, constant economic transactions are taking place. One of these important transactions is selling your business. While the sale of your business sounds like a simple enough deal, there is a lot of basics which has to be hammered out in this comprehensive document.

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Freelance Agreement: Important Clauses
Legal

Freelance Agreement: Important Clauses

A freelance agreement is an agreement in which people are free to work at their own liberty for their clients. According to the dictionary meaning of freelance, it is serving one or more companies at a time on contract basis as opposed to working for a single company.  The person who offers services to other people/companies is a freelancer. They do not work for one person but serve more than one person at a time on their own terms and conditions. Generally, they have expertise in a certain field/matter.  E.g. if you visit a studio the person who clicks your photo is a freelancer. He is not your employee though he served you as he has expertise in photography, he served you on his own terms and conditions and he is not obliged to work for you. You are his client.  There is a freelance agreement between you and the photographer for a photo.

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Work Space Sharing Agreement
Legal

Work Space Sharing Agreement

A work space sharing agreement is a binding contract for the usage of work space on a sharing basis between two parties. Through this the two parties that is the owner and the tenant of the space can share the working space by paying an amount of fees in exchange for subletting the co-working space.

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