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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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

Legal

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.

Legal

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.

Legal

Refund Policy for E-Commerce Websites

Gift Deeds | Explained

GDPR against Rising Threats of Data Piracy

Annual Mandatory Compliance for Start-ups in India

NBFCs - Registration and Compliance

Law relating to Cheque Bounce in India

Website Development Agreement

Consultancy Agreement

What is an Abridged Prospectus?

Sale of Business Agreement

Freelance Agreement: Important Clauses

Work Space Sharing Agreement

Procedure to Change Name

Name Change Affidavit Essentials

Franchise Agreement

All about Assigning Copyrights

Joint Venture Agreement

What is the Role of CSR Committee?

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