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Procedure to Change Name

The name change affidavit is the first of a three-step procedure to change one’s name. Following the affidavit, a newspaper publication and lastly gazette notification publication. The Gazette publication is the last requirement which makes the name change legally complete and it serves as substantial proof of the name change.

Legal

Name Change Affidavit Essentials

An affidavit to change one’s name is a document which helps one prove their identity once they change their name or if a woman changes her surname after her marriage. It becomes important to have a procedure to legalise changes in their names in order for their new name to gain recognition.

Legal

Franchise Agreement

A franchise agreement is one through which a Franchisor, the owner of a business model, provides his business model and his brand name to a Franchisee for use. The terms and conditions of the usage of the franchisor’s business model and his brand name by the franchisee are clearly and precisely laid down in a franchise agreement so as to avoid any and all ambiguity that may arise. A franchise agreement ensures that both the franchisor and the franchisee are aware of all the conditions of the contract and agree to the same.

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All about Assigning Copyrights

Copyright is basically a legal right of the owner who has created something out of his intellect. Earlier, there was no protection for the copyrighted work and there was an easy exploitation of the ‘Intellectual works’. But after some time, need for the protection of such works became important and therefore ‘THE COPYRIGHT ACT OF 1957’ was brought for the protection of artistic, literary work and other forms of intellectual works. The act was brought so as to preserve the cultural works and retain the original rights of the owner.

Legal

Joint Venture Agreement

A Joint Venture is defined as any arrangement whereby two or more parties co-operate in order to run a business or to achieve a commercial objective. In other words, Joint Venture is a business agreement between two or more companies whereby the business resources of the partners are mutually shared and put to use.

Legal

What is the Role of CSR Committee?

Corporate Social Responsibility under the Companies Act, 2013 enables the companies to engage in social welfare activities and to take part in the development of the society.

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What is Shareholder’s agreement?

The Shareholders are the actual owners of a company. Shareholders of the company reap the benefits of the business success by way of increased stock valuation or in the form of dividends and profits. In the event of the company incurring losses, the share prices would fall or the shareholders suffer a decline in their portfolio’s value. It is important to uphold the rights of the shareholders. The disputes between shareholders are often settled according to the company’s Article of Association until a proper shareholder agreement is drafted. In other words, an agreement entered into by the company and its shareholders describing the rights and obligations is called the Shareholder’s Agreement.

Legal

How to Register Your Home Address as Company's Registered Office

Registration of a business is very tough indeed worth putting in time for choosing a correct address as the Company’s registered office. The entire procedure of company’s registration, as well as fulfilling governmental requirements, involves a huge amount of finance and procurement of a commercial space is an add-on to the cost.

Legal

Employee Non-Disclosure Non-Compete Agreement

Employee non-disclosure and non-compete agreements are a type of restrictive covenants. These agreements are negative in nature as they restrain the employees’ actions. Employee confidentiality agreements legally restrain the employees from disseminating any confidential information shared with them during the period of employment. A non-compete or a non-competition agreement restrain the employees from participating in the same trade as the employer for a period of time, after the termination of employment. These agreements are entered to protect the business interest of the employer.

Legal

CSR Obligations upon Indian Companies

Corporate Social Responsibility is a management concept whereby organizations include the social and environmental issues with their business undertakings. CSR is by and large comprehended similar to the path through which an organization accomplishes a balance of financial, environmental and social objectives, while in the meantime tending to the desires for investors and stakeholders.

Legal

Basics of Assigning Copyright

Copyright is an intellectual property, which is meant the creative people around the world. It is not a tangible right but is a proprietary right and can be disposed-off in a similar manner. With the copyright registration, nobody is entitled to use a person’s creation without the prior permission of the creator. Thus, the law provides a right to the owner of the copyright to transfer the ownership of the copyright to a third party for the optimum utilization of the same, for the benefit of the common mass. For the transfer of the same there is a deed agreement known as copyright assignment deed.

Legal

Affidavit for Gap in Education

For innumerable reasons, an individual pursuing educational course may have to halt his studies and take a break. He may need time to prepare for competitive exams and join coaching centres for the same, preventing him/her from joining any college for that particular year. When the individual decides to join an educational institution after the gap, the institution may ask him to account for his “gap year” – the year for which he/she wasn’t enrolled in any institution. To account for his gap year, the individual has to submit an affidavit detailing his reasons for taking a year off.

Legal

Employee Non-Disclosure Non-Compete Agreement

Usually, an employee while performing his duties with the company comes across trade secrets and confidential information. To prevent the passing off of such confidential information and trade secrets, an agreement is entered by an employer with his employee commonly known as Non-Disclosure Agreement (NDA) or Confidentiality Agreement. It is a legal contract between employer and employee by which employee agrees not to disclose information outlined by the agreement.

Legal

What are the requirements for Trademark Renewal?

Trademark renewal is the process to renew the trademark timely for enjoying its benefits and giving legal protection to it. Also, it is necessary to register the trademark on time so that it should not be removed from the register of trademark known as trademark journal.

Legal

Everything in brief about Website Privacy Policy

It is a legal document that explains what information you should collect from your users, what you do with the information and who you share it with.

Legal

What are the various types of Buyer Broker Agreement?

Time is a valuable asset for everyone nowadays, if one wants to buy or sell anything he owns, doesn’t goes in the market as door to door for his advertisement or purchase, or stand in a long queue for his turn, he rather hires a broker or an agent who is knowledgeable, has skillset and links in the field to fulfill his requirement. There are various types of agreement between Purchaser and broker, here we will talk about the agreement related to property. This agreement is between the Purchase, broker and the agent. Further there are three bifurcations in the agreement types.

Legal

All about Leave and License Agreements

A license is a personal right of a person which is granted to do something upon immovable property of the grantor (an individual who conveys or transfers ownership of property) and does not amount to the creation of interest in that property. It is a permissive right and is personal to the guarantee (an individual to whom a transfer or conveyance of property is made). This agreement does not create any duty and obligation upon the persons making such grant and is, therefore revocable except in certain circumstances expressly provided in the Indian Easement Act, 1882.

Legal

Importance of Non-Disclosure Agreements

A non-disclosure agreement is an agreement under which a person (i.e. disclosing party) agrees to share confidential or secret information with the other person (i.e. receiving party) and the receiving party is under legal obligation not to disclose such secret information to any third party for certain specified period or without legal permission of the disclosing party subject to certain restrictions or otherwise as mentioned in the agreement.

Legal

Procedure to Change Name

Name Change Affidavit Essentials

Franchise Agreement

All about Assigning Copyrights

Joint Venture Agreement

What is the Role of CSR Committee?

What is Shareholder’s agreement?

How to Register Your Home Address as Company's Registered Office

Employee Non-Disclosure Non-Compete Agreement

CSR Obligations upon Indian Companies

Basics of Assigning Copyright

Affidavit for Gap in Education

Employee Non-Disclosure Non-Compete Agreement

What are the requirements for Trademark Renewal?

Everything in brief about Website Privacy Policy

What are the various types of Buyer Broker Agreement?

All about Leave and License Agreements

Importance of Non-Disclosure Agreements

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