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.

Continue Reading about 6 years ago
Joint Venture Agreement
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.

Continue Reading about 6 years ago
What is the Role of CSR Committee?
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.

Continue Reading about 6 years ago
What is Shareholder’s agreement?
Legal

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.

Continue Reading about 6 years ago
How to Register Your Home Address as Company
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.

Continue Reading about 6 years ago
CSR Obligations upon Indian Companies
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.

Continue Reading about 6 years ago
Essentials of Lease Agreement
Legal

Essentials of Lease Agreement

Renting of a property can become a real headache for the owner if he fails to manage the property as per law while giving on rent. This problem can be avoided through proper Rent/Lease Agreement which safeguards the interest of Landlord as well as the Tenant. This practice of making such Agreements is commonly practiced in most of the western countries but unfortunately in India majority of people are still ignorant about its importance.

Continue Reading about 6 years ago
Importance of Non Disclosure Agreement
Legal

Importance of Non Disclosure Agreement

Development in trade and commerce also requires the equal protection of rights to the extensive possible extent. A Non-Disclosure Agreement surely does the same by protecting valuable information of any company or individual from being leaked or used against him for the purpose make loss to the primary party or holder of the information. To keep an upper hand, it is essential that an organization must continue working on innovative projects, creative thoughts, and energizing reforms in their business but there’s always an underlying fear that their trade secrets might fall into the hands of their competitor. Similarly, startup companies with a new and profitable idea can only succeed if what their working remains under enfolds. A Non-Disclosure Agreement is a legal document that keeps the cover on such sensitive information. NDA acts as a defender of original ideas or models or any kind of information which is profitable or important to its owner. These agreements might be referred to on the other hand as Confidentiality Agreements (CA), confidentiality statements, or secret clauses, inside a larger authoritative report.

Continue Reading about 6 years ago
Basics of Arbitration Agreement
Legal

Basics of Arbitration Agreement

The business world has been progressively hesitant to dispute in courtrooms, that it becomes necessary to resort to the machinery of justice to settle a dispute connected with that contract.

Continue Reading about 6 years ago