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Posted On : March 25, 2022
Difference Between Arbitration And Mediation In India
Arbitration and Mediation in India can be understood as means of out of court settlement which is not actually a litigation p...
Posted On : March 7, 2022
List Of Statutory Compliances For Companies In India
A company is generally understood as a business entity shaped by a group of individuals. Companies operating in India must obey numerous legal requirements, which constitute the definition of 'statutory compliance'. Companies need to fulfil various reporting requirements specified in the Companies Act, 2013, as well as Income Tax Act regulations and labour laws. Every Indian business type, regardl...
Posted On : September 17, 2021
Discharge of Contract
IntroductionA contract is discharged when the obligations, consideration or responsibility is fulfilled by the entered parties or in other words we can say the liability of any of the parties under the agreement has been going to finish. In another word we can say discharge of contract means "termination of contractual relationship between the parties. “So many ways has been provided to end up t...
Posted On : July 16, 2021
A Complete guide on new e-commerce guidelines by GOI
OverviewIn several nations, e-commerce is regulated. India, like other countries, has the authority to control the conduct of...
Posted On : June 28, 2021
The MSME Advantage
The MSME Act goes a long way in ensuring liquidityIndia faces a big problem when it comes to ‘honouring’ or enforcement of the contracts. Businesses suffer a lot in view off their inability to recover their outstanding payments. This problem has been existing for years; even as per the World Bank’s report released for 2020 vis-à-vis ‘honouring of business contracts’, India continues to ...
Posted On : June 17, 2021
Commercial Agreement and its Importance
What is commercial agreement?Commercial: Commercial transaction are some sorts dealing where payment for defined goods or services are involved. Different form of commercial transaction involves transactions between business to business or business to consumer or business to government are few examples of the same. Agreement: As per section 2(E) of Indian Contract Act, 1872 "every promise and...
Posted On : November 10, 2020
Permanent work from Home – Is it the beginning of death of high demand commercial projects?
IntroductionOn Friday, 6th November the Central Government has announced easing out the compliances for BPO/ITES industries, ...
Posted On : September 9, 2020
Real Estate Regulatory Authority (RERA)
Real Estate Regulatory Authority (RERA)Real Estate Regulatory Authority also known as RERA is an act for promotion and regulation of the real estate sector for the sale of apartment, plot or building in a hassle free manner. It was enacted by the Parliament in May 2016. This act basically aims to secure the interest of the buyers and protect them from fraud sellers. Each state set up the Real Esta...
Posted On : July 18, 2020
MARRIAGE HALL CONTRACTS – LEGAL STATUS OF BOTH PARTIES IN THE LIGHT OF COVID-19
It is quite true that the COVID 19 pandemic has devastated the normal pace of life. There have been many businesses which were affected, and one such business contract which have been commonly entered into by many persons is the booking of marriage halls.Marriages are conducted in great pomp and splendour in India. The general Indian notion is that a marriage is a once-in-a-lifetime event and wort...
Posted On : May 21, 2020
Cheque Bounce Notice
A cheque is a bill of exchange which is payable on demand. There are two parties in a transaction, the person who issues the ...
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