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A company is generally understood as a business entity shaped by a group of individuals. Since it comes into existence as per law, there is a list of statutory compliance checklists for private limited companies and for otherwise as well which have been explained hereby. Statutory Compliance Checkli...
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 "termin...
OverviewIn several nations, e-commerce is regulated. India, like other countries, has the authority to control the conduct of corporations operating on its territory. This is why the Indian government has enacted e-commerce-specific legislation.The Indian e-commerce market, on the other hand, has be...
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 Ban...
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 examp...
IntroductionOn Friday, 6th November the Central Government has announced easing out the compliances for BPO/ITES industries, especially the Other Service Provider (OSP) regulations so that the employees of these industries can permanently work from home.This a revolutionary step which although was p...
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 se...
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 spl...
A cheque is a bill of exchange which is payable on demand. There are two parties in a transaction, the person who issues the cheque is known as the drawer, whereas the person under whose favour the cheque is issued is known as the drawee. A cheque bounce is a situation in which the cheque cannot be ...
In the recent times, there has been a lot of talks about ‘Power of Attorney’ alternatively called ‘POA’. In my recent blog, I shall discuss in detail about the following topics enumerated below, the insightful description of which shall give the readers a clear-cut idea about the so called �...
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