To carry on the particular trade or business, permission is required to be obtained by applying for trade license. Trade license gives permission for only those trade related activates for which it has been obtained and not other than that…

Ubi Jus Ibi Remedium is Latin for “For every wrong, the law provides a remedy”. If a right is provided by the law, then you may approach the court if it is infringed or invaded. The court shall meet the ends of justice and provide relief i…

Memorandum of Understanding (MoU) is an agreement between two or more parties laying down the terms and conditions of the transaction, also mentioning the rights and obligations of the parties. It forms a part of the initial discussions of…

The residential rental agreement is usually defined as a written document that exists between the owner of a property and a renter who desires to own temporary possession of the property of the landlord. It sets out the foundations between…

If you are planning to operate any business/ project or provide services in future it is preferable to execute Master Service Agreement (MSA) which is created between two or more parties where both parties agree to most of the terms that g…

Execution of shareholders agreement fills the gaps in the clauses not covered under the company’s constitution, through which corporate assign personal rights to Shareholders Execution of shareholders agreement is always a good idea to pre…

The first and most important step before making investment into the company is to decide: What terms should be covered in my Term Sheet? There is always a dilemma in the preparation of the term sheet as to whether to draft a negotiated, de…

Share purchase is an agreement between the sellers (Company) and buyers (Shareholders) of the shares that confer rights and impose obligations over and above those provided by the regulatory laws. The Share purchase agreements provide for …

Introduction: If you are doing a business you require goods and services to run your own business on a daily basis. Any purchase is it from the e-commerce website, raw material for your product, buying the goods for supply, would be consid…

Micro, Small and Medium Enterprises (MSME) has been a backbone of the economic growth over the last few decades. MSMEs play a crucial role in providing large employment opportunities on low investments thereby reducing the major employment…

TAX AUDIT is review of accounts of the business organization or an individual in respect of income and deductions. Section 44AB under Income tax contains the provision for conducting the TAX AUDIT which aims to ascertain the compliance of …

Franchising a business allows an opportunity to individual/ corporates to start a business by legally using another individual/ corporates business under the same name, trademark and goodwill. Franchises extends to no. of industries includ…

Two of the most common questions that startups and small business founders before investment are boggled by: What should be in my Investor Pitch Deck? What should and how should be the Term Sheet? To help with that, the below article eluci…

In business world, we enter into so many transactions and relationship on a daily basis that requires disclosure of the confidential information between the parties. The option to maintain its secrecy is only by entering into a Non-disclos…

First of all it will be defined as an agreement amongst the founders of the company which governs the nature and functioning of their business and also highlight the key issues that co founders might face in future in running a business. I…

What is a Consulting Agreement? Consulting Agreements is an engagement between a consultant and a client for availing certain specified services for a specified period of time. It sets out the services and obligations that exist between th…