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Introduction An employee is placed on probation to evaluate how well they perform in a role that is appropriate for them. The employer has the right to terminate an employee's employment if their performance is deemed inadequate, and this action is not illegal. What is the Probation Period? The prob...
Introduction The main piece of law in India that controls how income is taxed for individuals, businesses, firms, and other entities is the Income Tax Act, 1961. It was passed in 1961 to take the role of the colonial-era statutes that preceded it, the Indian Income Tax Act of 1922. The Income Tax Ac...
Introduction India, with its diverse and growing economy, presents a myriad of opportunities for entrepreneurs looking to start their own businesses. From the bustling streets of Mumbai to the tech hubs in Bangalore, the country offers a vibrant ecosystem for both local and international businesses....
Introduction Corporate crime refers to unlawful activities committed by corporations or individuals within a corporate entity for the purpose of achieving financial gain, often at the expense of ethical standards, legal regulations, and societal well-being. This type of criminal behavior can manifes...
Introduction Contractual disputes are an inevitable aspect of the business landscape, arising from differences in interpretation, execution, or unforeseen circumstances. In India, a country witnessing rapid economic growth and increased business activities, resolving contractual disputes efficiently...
Introduction Starting a business in India can be a rewarding venture, given the country's vibrant and rapidly growing economy. However, navigating the legal landscape is crucial to ensure a smooth and compliant establishment. In this article, we will explore the essential legal requirements that ent...
Introduction In the ever-evolving landscape of Indian business and commerce, the Companies Act of 2013 stands tall as a seminal legislation, reshaping the framework governing corporate entities. This comprehensive statute, comprising numerous provisions and amendments, serves as the cornerstone of c...
Introduction In the world of business, the issuance of securities or shares by a company is often accompanied by a critical document known as a prospectus. This document plays a pivotal role in informing potential investors about the company's operations, financial health, and future prospects. Unde...
Introduction Contract law is a fundamental pillar of our legal system, governing countless interactions in both personal and professional spheres. For a contract to be legally binding, certain elements must be in place. One of these crucial elements is consideration. In this article, we will delve i...
Introduction Legal agreements and contracts play a fundamental role in the world of business and personal relationships. These documents help establish the terms, rights, and obligations of the parties involved. However, not all agreements and contracts are created equal. Some are considered void, w...
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