Concept Of Maternity Leave In India

MEANING AND SIGNIFICANCE OF THE MATERNITY BENEFIT ACT

The Maternity Benefit Act, 1961 (the “Maternity Benefit Act”) applies to every shop, establishment, enterprise or company wherein ten or more people were employed in the preceding twelve months. One of the primary objectives of the Maternity Benefit Act is to maintain

Dead-lock Provision In A Shareholders Agreement

For the shareholders involved, the period of disagreement on matters that require their vote is often stressful, resulting in their spending valuable time at loggerheads with each other. Ultimately the bickering shareholders may cause the business to run into financial

All you need to know about gifting property to your blood relation

DEFINITION OF GIFT

Gift is defined under section 122 of the Transfer of Property Act, 1882 (“TPA” or the “Act”). Gift is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee,

All You Need To Know About Franchisee Agreements In India

Franchising is a business model in which one business (the franchisor) allows a separately owned business (the franchisee) to use their systems, brand name and other intellectual property rights in return for royalty and other considerations. The advantage for a franchisee

Gst And What It Means For The India Startup Ecosystem

Goods and Service Tax

With 114 countries and the European Union already implementing a central goods and services tax commonly known as the GST, India has finally followed suit. After a decade-long debate, in a historic development, the GST bill was passed in the Rajya Sabha

Rent Agreement Vs Leave And License Agreement

The main and foremost concerns for property owners in India, before they let out their property are: Will their right of ownership remain secure? Is it safe to rent property ? Who are the right tenants? If I am located in another city or country, what are safe documentation

Crowdfunding In India

Coming out as a breakthrough in venture funding business, crowd funding is taking off in India in a positive way. With the success of the first ever live crowd funding event at Kolkata, many ventures found their much-desired funding. It has already bred