8 things you must be aware of if you are a startup
Legal

8 things you must be aware of if you are a startup

As entrepreneurs, we want to innovate, experiment and do every thing possible in a different way. In this fast-pacing world, survival is the most important element for any new business that is being set up or is already there in the market. But, when it comes to legal structure, I'm sure nobody wants to run their brains and would keep it as simple as possible. 

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September 2019 Current Affairs
Legal

September 2019 Current Affairs

“Global Goalkeeper Award 2019 ” By: Bill and Melinda Gates Foundation Winner: PM Narendra Modi for Swachh Bharat

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Sources of the Indian Constitution
Legal

Sources of the Indian Constitution

Indian Constitution is an essential and fundamental document that forms the basis of the Republic of India. It is the origin of the state, the government, citizenship, rights, liberty & justice. However, it is often criticized for not being original per se, because many of its provisions are borrowed from other countries.

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What are the principles on which WTO Functions?
Legal

What are the principles on which WTO Functions?

Everybody knows WTO as that body which governs the global trade. Though it might not be because it regulates international trade only between the member states. Since there are 160 members and 95% of the world trade, it is more or less accurate that WTO is the regulator of international trade. 

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9 Best Practices on Contract Vetting
Legal

9 Best Practices on Contract Vetting

If you look at two different agreements for similar purposes, let's say two sale purchase agreements or two credit agreements, you will find them to be similar to quite an extent. On the surface, drafting agreements seems like an easy job once you know the format and essential clauses.

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Benefits of Startup Registration
Legal

Benefits of Startup Registration

As the governments of the day have started to recognize the importance of entrepreneurs and the businesses and intent to actively support them, we are now entering an era of innovations. As the Indian government is coming forth with multiple initiatives, the environment for starting up is growing warmer each day. It is only smart to stay updated about the government policies and plan accordingly.

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Intricacies of the Employee Contract
Legal

Intricacies of the Employee Contract

One of the first agreements that people enter into as adults mostly include employment agreement. It is natural to have limited knowledge of how the agreements work, let alone the  employment agreement. This gives rise to a certain fear while signing because well, the agreements tie you into liabilities. In general practices, the employees are restricted by such agreements to mandatorily serve for a certain amount of time. There are other obligations as well, which are brought upon the employees through the employment agreement. It is important to analyse any agreement before signing it. Therefore, we have decided to quickly explain the important parts of every employment agreement, which is currently in practice with modifications according to different industries. If you look for certain clauses in the document, you shall be able to get a hold of liabilities the agreement is looking to put over you and make an informed decision.

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Memorandum of Understanding| Explained
Legal

Memorandum of Understanding| Explained

It is essential that before entering into a contract the parties to the contract reach an understanding on the same level. This requires that the parties agree in the same manner to the same thing. Ironing out all such minor details at the time of entering into a contract is necessary. However, sometimes the parties to the contract may just want to formulate a preliminary agreement that establishes the relationship between them but at the same time gives them some leeway which a formal contract may not. Such a preliminary agreement is called a memorandum of understanding.

Continue Reading about 3 years ago
Civil and Criminal Remedies in Cheque Bounces
Legal

Civil and Criminal Remedies in Cheque Bounces

For a lot of day-to- day transactions, a cheque may be used by a person for the payment to the other party. A Cheque is a negotiable instrument. It is a document that orders a bank to pay a specific amount of money from the holder’s account to the person whose name has been mentioned on the cheque. The person who is writing the cheque is known as the drawer. A cheque can be viewed as a type of bill of exchange; it came into use mainly to avoid the need of carrying large amounts of money. A cheque can be issued by and in favor of both natural persons as well as legal entities. 

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Annual Mandatory Compliance for PLCs
Legal

Annual Mandatory Compliance for PLCs

Generally, people opt for private limited companies due to less formality. It is the most popular and well-known form of start-up. However, some of the mandatory compliances which are pre-requisites are needed to be followed every year.

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Essentials of Valid Contract
Legal

Essentials of Valid Contract

A contract is the foundation of a civilised world. The law relating to contracts in India is contained in Indian Contract Act, 1872. A Contract is simply an agreement between two or more persons to do something. Each contract creates a binding duty on the contracting parties. The Indian Contract Act deals with the enforcement of these rights and duties upon the parties in India.

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Reply to a Trademark Objection
Legal

Reply to a Trademark Objection

After an application for trademark registration is made, it is examined by the trademark examiners. The examiners analyze all the aspect of the trademark application and thus makes sure that the application and the trademark aspired is up to the requirements and within the legal aspects, If the examiner found some issues in the application, they put these objections in the form of trademark examination report, which is uploaded in the official website of the trademark office.

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Copyright Objection
Legal

Copyright Objection

Copyright is a bundle of rights, including the right to reproduction, adaptation, and translation of the work that is vested by the law upon the creators of literary, dramatic, musical and artistic works and the producers of the cinematographic films and sound recordings.

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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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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 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 of discussions lately. The need for clear grounds of this relationship is quite an essential one because both the parties need to feel secure about their end of the transaction as the shelter is one of the most basic requirements. There are laws to secure this position so that neither party face violations of their rights. The tenants especially are given secured rights so that they are not prone to unnecessary threats of evection and hike in rent prices. They are, in return, supposed to observe certain duties for the benefit of the landlords.

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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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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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