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Understanding the Principle of Damages under Indian Contract Act
Introduction The principle of damages is one of the most important principles of contract law. It is a legal principle that provides a remedy to a party that has suffered a loss due to a breach of contract by another party. It is a way of providing compensation to the aggrieved party for any losses suffered as a result of the breach. The principle...
Force Majeure (Contracts) Vs. Doctrine of Frustration (Defined in Law)
INTRODUCTION The after-effects of Covid-19 and the lockdown have been drastic on the Indian Economy. It has led to financial slowdowns all over the world. As a result, many businesses are finding it difficult to fulfill their contractual obligations. This is where the defence of force majeure and doctrine of frustration come into play. FORCE M...
E-contract and Its types
WHAT IS AN ONLINE CONTRACT? With the rise of the internet and digital commerce, online contracts have grown in importance, particularly in terms of attainment and variety. An online settlement, or a digital settlement, is a settlement modelled, signed, and finished electronically, generally over the net. An online settlement is conceptually very ...
Corporate Guarantee Agreement | Download Free Template
1. What is a Corporate Guarantee Agreement? A corporate guarantee is a legal agreement between a borrower, lender, and guarantor, whereby a corporation (e.g., an insurance company) takes responsibility for the debt repayment of the borrower provided it faced bankruptcy. A personal guarantee is a similar document to the corporate guarantee. 2...
Domain Name Agreement | Download Free Template
1. What is a Domain Name Agreement? A domain name transfer agreement is an agreement between the assignor/licensor and assignee/licensee to transfer the domain name of a website from the assignor/licensor to the assignee/licensee as the case may be 2. Why is it important? 1. It help in significant expansion of their customer base. 2. It’...
Employee Non Disclosure Agreement
The Employee Non-Disclosure Agreement (hereinafter referred to as the "Agreement") This Employee Non-Disclosure Agreement (hereinafter referred to as the "Agreement") was signed on (the "Effective Date") by_________________ Employee and_________________ Company (hereinafter referred to as the "Parties"). First Article: Scope of Agreement This Ag...
Consideration | Privity of Contract | Consideration | Exceptions to Consideration
CONSIDERATION Section 2(d) of the Indian Contract Act defines attention as "whilst on the choice of the promisor, the promisee or another individual has achieved or abstained from doing or abstaining from doing or guarantees to do or abstain from doing something, such act or abstinence, or promise is known as attention for the promise." CONSIDER...
Term Sheet and Legal Aspects Relating to Term Sheet
TERM SHEET: In most cases, the arrangement of a commercial transaction starts with an agreement on the conditions of business in the form of a term sheet. Instead of stating what the parties will ultimately agree upon, the term sheet states what the parties desire for the agreement to achieve. Term sheets are often known as "side letters" or "lett...
Logistics Agreement | Download Free Template
1. What is a Logistics agreement? The logistics contract governs relationships between logistics operators (businesses that supply these services) and their customers. Logistics services encompass both broad services like transportation, distribution, and storage of various items and merchandises, as well as more specialised services like point o...
Service Transportation Agreement | Download Free Template
1. What is a Service Transportation Agreement ? A transportation services agreement is an agreement between a goods provider and a transportation services provider. The goods provider, usually a manufacturer or wholesaler, agrees to pay the transportation provider to deliver the items to retailers and other distribution points. The transportation...
Consulting Retainer Agreement | Download Free Template
1. What is a consulting retainer agreement? A consulting retainer agreement is an agreement made between client and consultant/service provider to provide certain services as and when required for fixed hours or periods on advance payment. The service provider is expected to be informed in advance for the services to be availed and delivered. Thi...
Carriage of Goods Agreement | Download Free Templates
1. What is a carriage of goods agreement? A carriage of Goods agreement is entered between the two parties whereby one is desirous of transporting the goods from one place to another and the other party provides means to transport the goods. The relationship between the parties is that of the bailor and bailee. This agreement contains Clauses like...
Resignation Letter | Download Free Templates
1. What is a Resignation Letter? A resignation letter is an official intimation/notification by the employee of his intention to leave the company. The resignation letter is usually sent to the Human resource department of the company and contains the information as to the position which the employee was holding, the date which shall be his last w...
Letter of Intent for Real Estate Purchases | Download Free Templates
1. What is a Letter of Intent for Real Estate Purchases? A letter of Intent is a document entered into between two parties intending to enter into any transaction with each other. This letter of Intent lays down the terms and conditions which will govern the existing arrangement between the parties until a formal agreement is made and executed. Th...
Letter of Intent for Purchase of Business | Download Free Templates
1. What is a Letter of Intent for Purchase of Business? A letter of Intent is a document entered into between two parties intending to enter into any transaction with each other. This letter of Intent lays down the terms and conditions which will govern the existing arrangement between the parties until a formal agreement is made and executed. Thi...
Letter of Intent for Purchase of Services | Download Free Templates
1. What is a Letter of Intent for Purchase of Services ? A letter of Intent is a document entered into between two parties intending to enter into any transaction with each other. This letter of Intent lays down the terms and conditions which will govern the existing arrangement between the parties until a formal agreement is made and executed. Th...
Letter of Intent for Stock Purchases | Download Free Templates
1. What is a Letter of Intent for Purchase of Stock? A letter of Intent is a document entered into between two parties intending to enter into any transaction with each other. This letter of Intent lays down the terms and conditions which will govern the existing arrangement between the parties until a formal agreement is made and executed. This l...
Distributor Agreement | Download Free Templates
1. What is a Distributor Agreement? A distributorship agreement is a document that creates a relationship of distributorship between a manufacturer and a distributor. The agreement confers on the distributor the right to supply the manufacturer's goods within a region or regions. Such rights may be exclusive within that particular region/regions....
Security Agreement | Download Free Templates
1. What is a Security Agreement? A security agreement refers to a document that provides a lender a security interest in a specified asset or property that is pledged as collateral. Terms and conditions are determined at the time the security agreement is drafted. Security agreements are a necessary part of the business world, as lenders would ne...
Non- Executive Director appointment letter | Download Free Templates
1. What is a Non- Executive Director appointment letter? An appointment letter for a Non-executive independent director is a formal letter appointing a person as a non-executive director. It outlines the terms and conditions of the appointment and duties and responsibilities of such a non-executive director towards the company. 2. Why is it impor...
Finder Fee Agreement | Download Free Templates
1. What is the Finder Fee Agreement? In this era of competition, even a single client/customer is very important for a company engaged in the consumer delivery segment. They engage themselves in campaigns to increase outreach. This finder fee agreement is entered into between the customers and the middleman who undertake to bring potential leads/...
Application Service Provision Agreement | Download Free Templates
1. What is an application service provision agreement? An application service provider is a company that offers individuals or enterprises access to applications and related services over the internet. The term has largely been replaced by software as a service provider, although in some parts of the world, companies still use the two labels inte...
Guarantee Agreement | Download Free Templates
1. What is a Guarantee Agreement? A guarantee agreement definition is common in real estate and financial transactions. It concerns the agreement of a third party, called a guarantor, to provide assurance of payment in the event the party involved in the transaction fails to live up to their end of the bargain. 2. Why is it important? a. It se...
Event planning contract | Download Free Templates
1. What is an Event planning contract? An event contract is a legally binding document that explicitly lays out the terms and conditions of an agreement between an event planner and their client. This agreement is suitable for businesses whose principal activity is to organize and plan corporate events, parties, or any other such occasions. 2. W...
Escrow Agreement | Download Free Templates
1. What is an Escrow Agreement? An escrow agreement is a legal agreement, which describes the terms and conditions applicable to the participants involved. An escrow agreement contains a detailed responsibility of the parties involved. An escrow agreement typically includes a nonpartisan party who is referred to as the escrow agent. This party wi...
Presenter Agreement | Download Free Templates
1. What is a Presenter Agreement? The presenter agrees to comply with all rules, regulations, policies, and procedures of the Association in connection with the preparation and delivery of the Presentation, including but not limited to required deadlines for submissions and disclosures of commercial interests or conflicts of interest. 2. Why is...
Promotion of Investors | Download Free Templates
What is Form IEPF-5 ? This form is related to Application to the Authority for Claiming unpaid amounts and shares out to Investor Education and protection.Fund pursuant to subsection( 3) of section 125 of the Companies Act , 2013 and Rule 6 (13 ) & 8(1) of the IEPF Authority Rules 2016. This form is to be filled by the shareholder and not by the c...
Commission Agreement | Download Free Templates
1. What is the Commission Agreement? Large companies or MNC are in constant need of investors to finance their business operations, however not all businesses have the potential to tap the potential investors and bring them on board for investment. Therefore they take help from a of intermediary who helps them in securing investment in lieu of co...
Letter of comfort | Download Free Templates
1. What is a letter of comfort? A comfort letter is a business document that is intended to assure the recipient that a financial or contractual obligation with another party can and will be met. The sender is often an independent auditor or accountant. 2. Why is it important? a. It is unable to give a guarantee due to prohibitions in its cons...
Farmer's Agreement | Download Free Templates
1. What is a Farmer's agreement? A farmer agreement is entered between the farmer and the FMCG companies where the farmer is willing to lease out his land or use his land for cultivation purposes and sell out the entire produce to the company at predetermined rates. These contracts are getting common these days as they help in eliminating the pos...
Travel agency Agreement | Download Free Templates
1. What is a Travel agency agreement? The travel agency these days tie-up with the companies who tend to offer services related to food and accommodation and other allied services. This helps the company in increasing their monthly sales and also cuts off the burden on the part of the travel agency to look for places and negotiate with them daily...
Management Agreement | Download Free Templates
1. What is a Management agreement? The management agreement is entered into by the company to acquire the manpower required to administer, manage and oversee the internal business and conducts of the workers/employees. In a large corporation, it is very difficult to minutely manage the administration work, therefore companies outsource this depar...
Contract-Farming Agreement | Download Free Templates
1. What is the Contract Farming agreement? The contract-farming agreement is entered into by the company engaged in agriculture activities or FMCG activities with the Farmers who own land and are engaged in farming activities. This agreement lays down the foundation of the relationship being shared by the parties which include the liabilities and...
Interim Agreement | Download Free Templates
1. What is an Interim agreement? The interim agreement is entered between two parties in addition to the main agreement or where an expert is admitted in the company to take over the management and operations for a short duration of time. Interim contracts usually are entered for a short duration and very specifically lays down the services to be...
Music License Agreement | Download Free Templates
1. What is a Music License Agreement? A music license agreement is between someone who owns the rights to a piece of music, a song, or video and an organization or individual who wants to use the property for TV, a movie or advert, etc. Using original sound recordings in your own music such as samples, remixes, and background music also requires ...
Publishing Agreement | Download Free Templates
1. What is a Publishing agreement? Publishing agreements are entered between the publisher and the author of the content for designing, marketing, and publishing the work of the author. This agreement may be limited to one-time work or a series of work. This agreement contains information as to the time of publication, the number of copies to be p...
Business Transfer Agreement | Download Free Templates
1. What is a Business Transfer Agreement? The Business Transfer Agreement is a very crucial document for completing business transactions as it helps to improve the performance of business post-integration. The transfer of business also lets the company focus on core areas, thereby optimizing operational synergies. 2. Why is it important? a. I...
Exclusivity Lockout Agreement | Download Free Templates
1. What is an Exclusivity Lockout agreement? It is generally witnessed that many business houses enter into exclusive lockout agreements or add this clause in their vendor agreements. This exclusive lockout agreement bars the parties to the agreement from entering into any business transaction with the other party for a definite period agreed. Th...
Distributorship Agreement | Download Free Templates
1. What is a Distributorship Agreement? This Distributorship Agreement is made between the producer of the product and the distributor who will market the product and sell it to the prospective customer. This agreement clearly states the terms and conditions of the producer and the distributors to which the parties shall be bound to oblige. The a...
Contract Management and its Importance in the Start-up Business
Contract management is crucial for start-ups and when it is implemented properly, it can help startups to grow and have a competitive advantage. Startups often neglect contract management or have poor contract management processes. Contact management involves the responsibility of managing contracts from employees, vendors, business partners, cust...
Revenue Sharing Agreement | Download Free Templates
1. What is the Revenue sharing agreement? There are instances where two companies collaborate with each other for a particular project but they do not establish themselves into one legal entity, say, joint venture or partnership form. Therefore, the entities who wish to do business with each other without establishing any legal structure, enter i...
Cash Credit Agreement | Download Free Templates
1. What is a Cash Credit Agreement? Cash Credit is a short-time capital loan given by financial institutions to the companies or any other type of borrower where the borrower can utilize the money even with or without a credit balance. The borrowing limit and the rate of interest to be payable thereupon are pre-determined as per the agreement. Th...
Adhesion contract | Download Free Templates
1. What is an Adhesion contract? The adhesion contracts are the standard form of contracts wherein the party making the contract has more rights and power than the other party. There is no or very little scope of negotiations in such contracts. These adhesion contracts are made where the party making it, usually enters into business with several ...
Royalty Agreement | Download Free Templates
1. What is a Royalty Agreement? The mind of humans can create wonders and such creations are termed Intellectual properties of the person creating them. They are of high value and can be sold off for monetary gain. Royalty is a reward that the creator earns upon the assignment of his intellectual property rights. A Royalty Agreement is an agreeme...
Drone License Agreement | Download Free Templates
1. What is a Drone License Agreement? Drone License Agreement is made between the developer company and the customer who will use, import, sell and offer to sell the developed product with inbuilt Licensed Intellectual Property. This license agreement clearly states the rights and obligations of the developer and the seller with regard to the usa...
Effective Incorporation of Arbitration clause in agreement
The increasing importance of arbitration clauses in commercial /investment agreements When one asks what an arbitration clause is, it can be defined as a clause that is formed in the operative agreement to the section of the agreement that helps to deal with the rights and all the options that are provided to the parties in the occurrence of any le...
"Enforcebility of Arbitration Clause in an Unstamped Contract"
The arbitration arrangement is a necessary perspective of a contract whereby all clashes between two parties that have entered into a legally binding course of action are settled by means of the discretion handled instead of through the courts. Typically, exceptionally positive for both companies and clients by guaranteeing a cost-effective struggl...
Impact of termination of agreement in a business #LegalArena with Adv. Rajeshwari Hariharan
Lawyered presents a webinar on Impact of termination of agreement in a business. To guide through the topic, we had two eminent speakers who irons away all the what’s & how's'! 一 Ms. Rajeshwari Hariharan who is the founder of Rajeshwari & Associates wherein she showcases her demonstrated knowledge of 27 years in Intellectual Property Law. Her seaso...
Importance of negotiation in commercial contracts #EnablingFutureLawyers by Adv. Padmaja Malgaonkar
Presenting a one-of-its-kind month long talk show for chancellors/Vice-chancellors to know the present scenario of legal education and how the students are preparing themselves for the betterment of the nation.This series of events is to bring out the importance of legal knowledge and how it is equipped in the students. The next episode brings toge...
#FoundersSpotlight on Importance of Lease/ Rent Agreement by Adv. Sanjeev Menon
Lawyered is pleased to announce its new series #FoundersSpotlight. In this series, we bring together advocates and startup founders to discuss legal issues faced by entrepreneurs everyday and various strategies to overcome them. The next episode brings together Adv. Sanjeev Menon, Advocate and Mr. Vedant Gupta, Co-Founder & COO, Spring House Cowork...
Legal requirements of starting a coworking space #FoundersSpotlight with Adv. Shruti Verma Biswas
Lawyered is pleased to announce its new series hashtag#FoundersSpotlight. In this series, we bring together advocates and startup founders to discuss legal issues faced by entrepreneurs everyday and various strategies to overcome them. The next episode brings together Adv. Shruti Verma Biswas, Advocate & Partner, Lexway Chambers and Mr. Yash Shah, ...
#FounderSpotlight on Coworking Space Agreements & Contracts with Adv. Rajeshwari Hariharan
Lawyered is pleased to announce its new series #FoundersSpotlight [https://www.youtube.com/hashtag/foundersspotlight]. In this series, we bring together advocates and startup founders to discuss legal issues faced by entrepreneurs everyday and various strategies to overcome them. The next episode brings together Adv. Rajeshwari Hariharan, Advocate ...
Non-disclosure Compete Agreement | Download Free Templates
1. What is a Non-disclosure Compete Agreement? A Non-Disclosure Compete agreement is an agreement in which parties agree not to disclose the confidential information of each other obtained during the business deal and also not to use any information, trade secrets or other sensitive information of the one party to an agreement to compete as rivals...
#EnablingFutureLawyers on Importance of contract drafting - Adv. Mukund Puranik
Presenting a one-of-its-kind month long talk show for chancellors/Vice-chancellors to know the present scenario of legal education and how the students are preparing themselves for the betterment of the nation.This series of events is to bring out the importance of legal knowledge and how it is equipped in the students. The next episode brings toge...
"Contract Management"
Each commercial understandings ought to be finalized with a contract, and to diminish any dangers in those understandings and make vital connections; contracts ought to be overseen successfully and appropriately. Consequently, contract management's centrality is expanding on a day-to-day premise as businesses attempt to expand efficiency without ex...
Internet Services Agreement | Download Free Templates
What is an Internet Service Agreement? An Internet Services Agreement is a legal document between the customer and the Internet Service Provider. It sets the terms and conditions under which the customer uses the Provider's services and systems and preserves the applications of Provider to improve and maintain its facilities and systems and to en...
User Agreement | Download Free Templates
What is a User Agreement? The User Agreement is an agreement between the Website and the users of the website where the website offers services and the users accept those services according to the terms and conditions set in the user agreement of the website. The User Agreement contains all the principal information that the users want before they...
Offer Letter | Download Free Templates
What is an Offer Letter? When an employee starts a new job, an offer Letter is severed which is legally binding on both the employer and the employee. Offer letter is a document that can be made orally or in writing. It is a kind of written notice informing an applicant that they have been selected for a job. It's a formal letter that usually co...
Employment Agreement | Download Free Templates
Employment Agreement In an ideal world, the relationship between the employer and the employee would always be pleasant and devoid of conflict. However, we know that the current business world isn't flawless, and we often run into employment issues at various companies. Some disagreements are largely motivated by commercial considerations, while o...
VALUATION AGREEMENT (TRIAL-TESTING LICENSE) | Download Free Templates
It is the agreement between the Licensor and Licensee that modifies the software product after it has been delivered to the end-user (recipient). Why is Software Valuation Agreement required? It is to modify and update the software application and correct the faults and improve the performance of the software application after delivery to the e...
Licensing Agreement | Download Free Templates
What is a Licensing Agreement? A licensing agreement is an agreement between a licensor and a licensee where the licensor is the owner of an idea, product or service and licensee is the party that aims to manufacture and market such a product, service, or idea or utilise such a service, product or idea to create another commodity for its business...
Development agreement | Download Free Templates
What is the Development Agreement? Development can be interpreted as the management of land or the division of land or the construction/destruction of a building or the transporting out of activities on the land or creating projects on land. Development agreements are practised to administer developments. The developer contracted by the landowner...
Agreement to Supply Technical Know-How | Download Free Templates
What is Technical Know-How? Technical Know-How means all technical experiments serving the technical advancement of the knowledge created by the group of technicians. The Know-How agreement allows the transfer of the Know-How and is also used for shielding a code or method which is commonly technical and scientific in nature. Why is it Importan...
Leave and License Agreement | Download Free Templates
What is a Leave and License Agreement? The agreement of leave and license permits the licensor (owner) to transfer his licensed premises to the licensee to use it for residential or commercial purposes in return for a fixed amount paid monthly or yearly by the license. Why is it important? 1. This agreement restricts the licensee to hold any ...
Privacy Policy | Download Free Templates
What is a Privacy Policy? Privacy Policy is a private legal document that oversees an association or any business entity’s administration uses of personal information. A privacy policy directs operators on the gathering and the use of the personal data, as well as any particular rights the user may have. The benefit of the Privacy Policy is that ...
Underwriting of Debentures Agreement | Download Free Templates
What is the Underwriting of Debentures Agreement ? Underwriting is the process under which an independent underwriter or underwriting firm agrees to subscribe to the securities ( shares , debentures etc ) of the company in the event the securities are not subscribed by the public to the extent of minimum subscription requirement as prescribed by l...
Underwriting Share of a Company | Download Free Templates
What is an Underwriting Share of a Company? Underwriting is an agreement entered into before the shares have been purchased by the public , if the public is not taking all the shares, in such event the underwriter will apply for the allotment of the remaining shares for which the public has not applied. The person who takes the responsibility of u...
"Judgments Pertaining To Force Majeure" By Amee Shah
Force Majeure And Few Judgments Pertaining To Force Majeure In The Present Pandemic What is Force Majeure? Force Majeure is a French term. The Merriam Webster defines force majeure as “an event or effect that cannot be reasonably anticipated or controlled” or in other words, it simply means “an act of the god [https://www.merriam-webster.com/dict...
#F2FLawyered on India 2021 and Beyond: Corporate law in the New Normal with Adv. Pratik Harsh
Presenting a one-of-its-kind month long talk show for general counsels to discuss the problems faced by the legal community in the global lockdown, the ways to tackle them efficiently and the key learnings and takeaways - 'India 2021 and Beyond: A Way Forward'. The next episode brings together Mr. Satyajit Gupta, AVP, Asst. General Counsel and Hea...
#F2FLawyered on India 2021 and Beyond: Contract Management with Prashav Jain
Presenting a one-of-its-kind month long talk show for general counsels to discuss the problems faced by the legal community in the global lockdown, the ways to tackle them efficiently and the key learnings and takeaways - 'India 2021 and Beyond: A Way Forward'. The pilot episode brings together Mrs. Richa Bangia Kaushal, Associate General Counsel ...
#F2FLawyered on Significance of E-contracts with Mr. Sumes Dewan
Lawyered [https://www.lawyered.in/admin/] presents the next edition of #F2FLawyered [https://www.youtube.com/results?search_query=%23F2FLawyered] on "Significance of E-contracts" Lawyered presents to you the second edition of its exclusive video series that brings legal luminaries #Face2Face for deliberations and candid talks on burning legal issu...
#F2FLawyered on Significance of E-contracts with Mr. Madhavan Srivatsan and Mr. Sumes Dewan
Lawyered [https://www.lawyered.in/admin/] presents the next edition of #F2FLawyered [https://www.youtube.com/results?search_query=%23F2FLawyered] on "Significance of E-contracts" Lawyered presents to you the second edition of its exclusive video series that brings legal luminaries #Face2Face for deliberations and candid talks on burning legal issu...
Top things to keep in mind while drafting a contract #AMALawyered by Adv. Sanjiv Dagar
Lawyered [https://www.lawyered.in/admin/] presents Advocate Sanjiv Dagar [https://www.lawyered.in/lawyer-profile/sanjivdagar-273/], in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series. Question: Top things to keep in mind while drafting a contract Lawyered [https://lawyered.in/] - On a missio...
"Force Majeure" By S Kashif Hussain
Co-author - Aditi Das The term ‘force majeure’ has been characterized in Black’s Law Lexicon, as ‘an occasion or impact that can be neither one nor the other expected nor controlled. It could be a legally binding arrangement distributing the hazard of misfortune on the off chance that execution gets to be incomprehensible or impracticable, particu...
"Essentials And Drafting Of A Contract" - By Ramasamy Santhanakrishnan
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#MentorHours on E-Contracts: A Digital Way of Contracting by Dr. KV Omprakash
Lawyered [https://www.lawyered.in/admin/] presents the next edition of #MentorHours [https://www.youtube.com/watch?v=gtKy5JAvZX4&list=PL-uyYxj7oSsIuO_aB-Nv5t63aAlYKhdbZ] on 'E-Contracts: A Digital Way of Contracting'. The webinar was conducted by Advocate K.V. Om Prakash [https://www.lawyered.in/lawyer-profile/om-prakash-kv-1909/], Founder - Consc...
Co-Founders Agreement | Download Free Template
WHAT IS A CO-FOUNDERS OR FOUNDERS AGREEMENT? A Co-Founders or Founders Agreement is an agreement entered between all the founders of a company. Founders Agreement defines the manner in which the co-founders have to function in their company with defined terms and conditions. It lays down certain important functions regarding the aspects of busines...
Effect Of Force Majeure On Lease Agreement - I
By Rudra Law “Rebus sic stantibus” and “Pacta sunt servanda” are two Latin aphorisms that are contemporary to the laws of Contract. While the former translates to “things thus standing”, legally, it implies that, where there has been a fundamental change of circumstances, a party may withdraw from or terminate the treaty in question. The later one...
#MentorHours by Lawyered on 'Founders Agreement' by Advocate Neeraj Dubey
Lawyered [https://www.lawyered.in] presents the next edition of #MentorHours [https://www.youtube.com/results?search_query=%23MentorHours] in collaboration with Supreme Incubator on Legal Transition for Corporates and their HR Policies. The webinar was conducted by Mr. Neeraj Dubey [https://lawyered.in/lawyer-profile/neerajdubey-169/], Advocate an...
#MentorHours by Lawyered on 'Contracts & Agreements for Startups' by Advocate Prakhar Dixit
Lawyered [https://www.lawyered.in/] presents the next edition of #MentorHours [https://www.youtube.com/results?search_query=%23MentorHours] in collaboration with Supreme Incubator on 'Contracts & Agreements for Startups'. The webinar was conducted by Mr. Prakhar Dixit [https://www.lawyered.in/lawyer-profile/prakhar-dixit-1814/], Partner at Sync Le...
What is a Term Sheet? | Download Free Template
WHAT IS "TERM SHEET" AND WHY IS IT IMPORTANT? Term Sheet is a document that covers all the essential elements with regards to the terms and conditions applicable to an investment opportunity deciding clearly as to how investments have to be made. It acts as a foundation for creating a legally binding agreement between the parties in question in a...
Software Maintenance Agreement | Download Free Template
WHAT IS A SOFTWARE MAINTENANCE AGREEMENT? It is an agreement that states the process of modifying a software product after it has been delivered to the customer. The main purpose of software maintenance is to modify and update software applications after delivery to correct faults and to improve performance. NEED FOR MAINTENANCE – SOFTWARE MAI...
Partnership Dissolution Agreement | Download Free Template
WHAT IS DISSOLUTION OF A PARTNERSHIP DEED? It means discontinuing or winding up of the business under the name of a partnership firm. It basically involves the procedure of finally settling down all the liabilities by selling off assets and also by settling all the existing accounts with the partnership firm. WHY IS IT IMPORTANT TO HAVE IT? The...
Certificate Of Qualification | Download Free Template
WHAT IS CERTIFICATE OF QUALIFICATION AND WHY IS IT REQUIRED? Every firm has a variety of teams undersigned for different kinds of operations and works. At the core of the corporate governance practice is the Board of Directors which oversees how the management serves and protects the long term interests of all the stakeholders of the Company. Alth...
Audit Balance Sheet | Download Free Template
WHAT IS AUDIT BALANCE SHEET AND WHY IT IS IMPORTANT? Audit of balance sheets is a process where the evaluation for scrutiny the accuracy of the information of the concerned company can take place which undergoes multiple checks as auditors based upon the basis of the supporting document. The following parameters have to be taken into account whil...
Return and Refund Policy | Download Free Template
WHAT IS RETURN AND REFUND POLICY AND WHY IS IT IMPORTANT TO HAVE IT? Considering the stringency of the consumer rights and protection and applicability of the Consumer Protection Act, 2019, it has become a very crucial parameter to comply with . Under these policies, return and refund provisions are laid out stating clearly the terms and condition...
Supreme Court On Female Inheritance | Equal Coparcenary Rights Of A Daughter
SUPREME COURT ON EQUAL COPARCENARY RIGHTS OF A DAUGHTER By Dr Gubbi. S. Subba Rao & Mrs Eugenia Preethi The fact that ‘right to property’ is important for the freedom and development of a human being has remained constant through the ages. In India, property laws have been framed based on the prevalent patriarchal customary laws though these laws...
Option Contract Sample | Download Free Template
OPTION CONTRACT SAMPLE | DOWNLOAD FREE TEMPLATE WHAT IS OPTION CONTRACT? An option contract is an agreement between two parties to facilitate a potential transaction on the underlying security at a preset price, referred to as the strike price, prior to the expiration date. The best suited examples of optional contract sample is in fields which...
Terms and Conditions Generator (T&C) | Download Free Template
TERMS & CONDITIONS (T&C) GENERATOR WHAT ARE TERMS AND CONDITIONS GENERATOR AND WHY YOU NEED? | T&C GENERATOR {terms and conditions generator} Terms and conditions for websites are the documents that control and command the relationship between the website operator and the end-users. These are rules and guidelines that the potential users/users...
What are Forward Contracts? | Download Free Template
WHAT IS WHAT ARE FORWARD CONTRACTS? Forward Contract means an agreement between the parties wherein the seller and buyer deliver and purchase the item at a particular amount and at a predefined price and date. When this agreement is signed, it binds the seller to sell the product at a settled price to the buyer in the agreement in future time. In...
Finance Contract : Agreement | Download Free Template
WHAT IS FINANCE CONTRACT? A finance agreement is a contract between the creditor and the borrower. It outlines the business finances, formulates, and enforces the funds of the company. It also assigns the responsibilities, duties, liabilities, terms and conditions of both the parties. It helps in proper and efficient functioning and management of ...
Reseller Agreement | Download Free Template
WHAT IS A RESELLER AGREEMENT? A Reseller agreement typically refers to an arrangement between someone supplying goods and another party selling the goods to a third party or the general public (the reseller). Under a reseller agreement, the reseller agrees to sell the products on behalf of the wholesaler. The agreements are those where a vendor co...
Certificate Of Incorporation | Download Free Template
WHAT IS CERTIFICATE OF INCORPORATION? CERTIFICATE OF INCORPORATION OF A COMPANY UNDER COMPANIES ACT 2013 AS PER LATEST GUIDELINES OF MINISTRY OF CORPORATE AFFAIRS A lot has changed in the world but majority changes have been seen in Company law and the process of incorporation. Before starting with the process of incorporation of company here are...
Force Majeure Clause And Its Impact On Employment Contracts By Shikhar Mittal
The clause "force majeure" has been doing the rounds in the media for quite some time now. The Economic Times defines it as ‘an event or effect that can be neither anticipated nor controlled. It is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially as a result of an event that the part...
Performance Based Agreement | Download Free Template
WHAT IS A "PERFORMANCE BASED AGREEMENT" AGREEMENT? WHAT ARE THEY? Performance Based legal agreement in which one organization agrees to pay another when they successfully finish the project or task they were employed to do In the agreements like these terms and conditions are mentioned to the contractor based on their accomplishments of measurab...
Taxation Compliance | Download Free Template
WHY IS THE "TAXATION COMPLIANCE" IMPORTANT FOR A STARTUP? WHAT IS TAX COMPLIANCE? It refers to fulfilling all tax obligations as specified by the law of the State freely and completely. Tax compliance means submitting a tax return within the stipulated period, correctly stating income and deductions, paying assessed taxes by the due date and pay...
Statutory Compliances | Labour Law Compliances in India
STATUTORY COMPLIANCES IN INDIA Statutory compliance checklist ensures adhering to the laws or regulations related to a particular business as prescribed by government bodies. Statutory compliance protects the interests of a firm and its employees. Companies that are not following company-related statutory compliances face the risk of legal or pena...
Three Language Formula Under National Education Policy (NEP) 2020
3 LANGUAGE FORMULA UNDER NATIONAL EDUCATION POLICY (NEP) 2020 BY SONALI SINHA THREE LANGUAGE FORMULA UNDER NATIONAL EDUCATION POLICY (NEP) 2020 With the introduction of the three language formula (NEP 2020) in the Indian Education system , the whole nation and some political parties are stirred. While some are opposing it, on the other hand, s...
The Downfall Of Yes Bank And Its Prospective Revival
The Downfall of Yes Bank and Prospective Revival Measures Over time, innumerable criminal activities within the corporate sphere have been witnessed, right from the Mundhra Scam, the very first scam of Independent India to the contemporary Yes Bank controversy. With advancements in technology and increasing intricacy of institutional frameworks, c...
Demand For Web Based Legal Proceedings By Santwana Agarwal
Owing to the global pandemic due to COVID-19 whole world is shifting to working online from home. This has led to various reforms and changes in the way or system of working of companies and institutions. The legal fraternity and all the courts from the district to sessions to supreme has also made a shift to web legal proceedings or virtual courts...
Legal History Of Article 370 And 35(A) & Its Current Status By Santwana Agrawal
As the ancient history of India goes, Jammu and Kashmir (J&K) had always been a part of India. Post-independence from the Britishers' rules, the king and ruler of the princely state of J&K, Maharaja Hari Singh, crafted and signed the Instrument of Accession on October 26, 1947. Execution of this document under the provisions of the Indian Independe...
Memorandum of Association | Download Free Template
WHY IS THE "MOA" & "AOA" IMPORTANT FOR A STARTUP? MOA is the most essential document which is required for the incorporation of a Company. MOA contains all the fundamental information and basic details about the company. So, it‟s very important to register the MOA with the Registrar of Companies (ROC) when the company is being incorporated. Withou...
Partnership Agreement | Download Free Template
Partnership Deed A partnership deed is an agreement between a firm's partners that spells out the terms and conditions of their partnership. One of the most common forms of organisations for beginning a new business is a partnership firm. A partnership firm's smooth and effective operation necessitates a clear knowledge among its members of the...
Employee Payroll Compliance | Download Free Template
WHAT IS IT AND WHY DO WE NEED? It is made in the interest of both the employer and employee, to make sure the payments due to the employees are being paid timely with adherence to minimum payment of wages to maternity leave and benefits. As per the provisions of the Employees provident fund organization there has been a mandatory compliance with i...
Website Disclaimer | Download Free Template
WHAT IS WEBSITE DISCLAIMER? A website disclaimer is like a notice which is placed on the website to limit your liability. In today’s e-world it has never been easy to overcome the legal issues faced by new business and technology. So as to protect and safeguard the owner from facing them it is essential to have a one to make sure to run business v...
Software Valuation Agreement | Download Free Template
It is the agreement between the Licensor and Licensee which modifies the software product after it has been delivered to the end-user (recipient). Why is Software Valuation Agreement required? It is to modify and update the software application and correct the faults and improveperformance of the software application after delivery to the end-use...
Master Service Agreement India | Download Free Template
{This article aims to provide information on: master service agreement template, master service agreement template india, master service agreement template download, master services agreement template india, msa agreement template, service agreement template} A contract between the two parties intending to hold and enter into a service transaction...
Competition Law - Basics Of Competition Law - Especially In Light Of The COVID-19 Pandemic By Nitish Sharma
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E-Contracts – Is It The New Normal? By Altacit Legal
[data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAGkAAABqCAYAAAC/Fn+UAAAgAElEQVR4AeS9BZRUV97uvWmggYJOQ+PBG3cIxDNxdyXuNiSB4A7tTgvuEGJEJy4TD5m4JxA8aAPdNO1a9vvWs3cVMPnmfeGuZJK71j2sw6k+derIfvbf5Rj+6qUOCK9eQKsfCLi1rrIKr9dLEPCFVh1SG1rLgeog1AYgoN/oQK2hY6sAHXMQKACKgRoCePHio+bQtXQ+d6yXCirwUkpQvwoUQ10p1FaD12dPXQLsArb+SWNn/qTr/M+XCYERBuXQIAcDoPUQNA4ir6+a6ppyqus...
The Applications Of Moral Rights In The Music Industry By Vaishvi Khare
Graphics design portfolio [https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcTUE1N7atUbsdLDFUONdlmNnD6IevOaWSE_LA&usqp=CAU] Introduction The “moral rights” with respect to the copyright law in India basically deal with the protection of those non-commercial i.e. either personal, divine interest of/in work for the author. These rights are ve...
Hire Purchase Agreement Template Free Download
WHAT IS HIRE PURCHASE AGREEMENT? Hire Purchase agreement is an agreement between the Hirer and the Owner who owns the goods, where the hirer agrees upon to pay the owner the sum owed for purchasing the goods, in installments or in percentage over a period of time or as agreed between them. It is very important to follow the hire purchase agreement...
Employee Stock Option Plan (ESOP) | Download Free Template
WHAT IS ESOP ? Section 2 clause 37 of Companies Act, 2013 defines “employees stock option” which means, the option given to the directors, officers or employees of the company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe fo...
Real Estate Assignment Agreement | Download Free Template
WHAT IS REAL ESTATE ASSIGNMENT AND WHY IT IS IMPORTANT? Assignment agreement real estate are those which consist of contract between the Owner of the property and to whom the Rights & Obligation of the property are subject to be transferred, called as Assignor and Assignee respectively. During assignment contract real estate mutual agreement takes...
Winding Up Agreement | Download Free Template
WHAT IS WINDING UP AGREEMENT? As per Section 2(94A) of the Companies Act, 2013, “winding up” means winding up under this Act or liquidation under the Insolvency and Bankruptcy Code, 2016. ‘Winding up’ of a Company is a legal mechanism of closing down or finishing up of a Company under the surveillance of a liquidator. Under this process, the corpo...
Employment Agreement | Download Free Template
Employment Agreement In an ideal world, the relationship between the employer and the employee would always be pleasant and devoid of conflict. However, we know that the current business world isn't flawless, and we often run into employment issues at various companies. Some disagreements are largely motivated by commercial considerations, while o...
Lease Agreement | Download Free Template
Rental Agreements Whether you rent out a single home as an extra source of income or manage properties and rents full-time. You're supposed to know everything as a landlord. The word "rent agreement" refers to a written agreement between a landlord and a tenant that specifies the length of the lease, the rental amount, the terms and conditions, an...
Power of Attorney | Download Free Template
Power of Attorney The necessity to engage into contracts and agreements in regard to business and other activities has become a regular and vital element of daily life in the modern world, where trade and industry have assured big and long roles to play. As man's workload increased, it became increasingly important for him to rely on others to do ...
Shareholder Agreement | Download Free Template
WHY IS THE "SHAREHOLDER'S AGREEMENT" IMPORTANT FOR A STARTUP? A Shareholders Agreement is a Contract between the Shareholders of a private limited company which describes Rights and Obligations, governing each of the shareholders who are party to the Agreement. This agreement is entered to resolve the dispute between the Shareholders and the Compa...
Joint Venture Agreement | Download Free Template
WHAT IS JOINT VENTURE AGREEMENT AND WHY IT IS IMPORTANT? These are the agreements supposed to be made when two or more business entities intend to come together to fulfil their common objectives and mitigate the risk. And, this new union of strategic alliances can form a different identity to serve the purpose for which it is formed allowing such ...
Permanent Employment Agreement | Download Free Template
WHAT IS PERMANENT EMPLOYMENT AGREEMENT? Permanent Employment Agreement refers to the agreement where the Employee renders services to the Employer and is directly paid for it. Permanent Employees popularly known as full time employees do not have any pre-fixed date to put an end to the employment and are entitled to receive many benefits. These ag...
Zero Hours Workers Contract | Download Free Template
WHAT IS ZERO HOURS WORKERS CONTRACT AND WHY IT IS IMPORTANT? A zero-hour contract is a type of contract between an employer and a worker, where the employer is not obliged to provide any minimum working hours, while the worker is not obliged to accept any work offered. The employee may sign an agreement to be available for work as and when require...
Intellectual Property Agreement | Download Free Template
WHY IS THE "INTELLECTUAL PROPERTY AGREEMENT" IMPORTANT FOR A STARTUP? IP Rights agreement means a contract executed between two or more persons for the purchase and sale of intellectual property rights (for example Trademark, Patent, Copyright, Trade secrets, etc.,). It sets out the rights and responsibilities of each concerning intellectual prope...
Service Agreement | Download Free Template
WHAT IS A SERVICE AGREEMENT? Service agreement is an agreement between a customer or client and a person or company who will be providing services. WHY IS IT IMPORTANT? Service Agreements are used to ensure that both parties understand the terms and conditions of the agreement in respect to the nature of the services subject to offer and obliga...
Did You Know about 'Consultancy Agreements'? | Download Free Template
WHAT IS CONSULTANCY AGREEMENTS? It is a kind of service agreement between a company and a consultant which is generally a third party (appointed from outside). Under this agreement, an expert (consultant) is appointed by a company to take advice /guidance/suggestion in the area of his/her expertise. The agreement is usually secured by a written co...
What is Casual Employment? | Download Free Template
WHAT IS CASUAL EMPLOYMENT? It refers to a situation in which an employee is only guaranteed work when it is needed, and there is no expectation that there will be more work in the future. During this period when the employee is not working for the employer, the two parties have no active relationship, and neither one has any obligation toward the ...
Non-Disclosure Agreement for employee in India
NON-DISCLOSURE AGREEMENT (NDA) | DOWNLOAD FREE TEMPLATE If you own a business or are planning to establish one, you are well aware that there are various occasions when you must share personal information with a third party. As a result, you begin to be concerned about your data or information being abused. But, hey, there's a solution, simply so ...
Fixed Term Employment Agreement | Download Free Template
WHAT IS FIXED TERM EMPLOYMENT AGREEMENT AND WHY IS IT IMPORTANT? Fixed-term employment agreement is a type of agreement in which a company or an enterprise hires an employee for a specific period of time depending upon the requirement of their work. In most cases it may be for a year and renewed after the term expires depending on the requireme...
Why Are Agreements Essential To Any Start-up
Author - Ishanee Sharma [https://www.lawyersclubindia.com/img/preview/paidnfree/June_8_12.jpg] In the business world, people in business often seek to gamble on the perceived risk to achieve the desired results. We like to grill the entrepreneur's skills and risk-taking capabilities on the road to their success. The chance of con always comes wit...
Invoking Force Majeure in times of Covid-19 Pandemic
Author - Sunny Shah [https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/Arbitration.jpg]In view of the Coronavirus/ Covid-19 pandemic, performance of many contracts have become impossible. If not impossible, it has become impractical for the parties to continue their performance. In some cases parties would consent to treat the co...
Legal Impact On Contracts Due To Supply Chain Disruption
Author - Nirupama Kar COVID-19 epidemic has negatively impacted the global economy and so it has on the Indian Economy. Such a negative impact has at its heart affected the domestic business chain. The immediate consequences were supply-chain disturbances, 'unintentional' and imminent delays in production and fulfilment of 'contractual' obligation...
Lease Rent During COVID-19 Period, Obligation Or Exemption?
Author - Sanjiv Dagar As I clearly understand that the payment of Monthly rent is a Contractual Obligation. The same cannot be avoided unless there is a clause in the contract. There is a huge myth, that based on various advisories by Govt. (primarily State Govt.) the payment of rent is suspended during the lockdown period. I have not come across ...
Force Majeure Clause And Its Implications In Covid-19 Pandemic
Author - Tushar Sharma and Abhishek Singh INTRODUCTION: The Government lockdowns, the threat to life, and livelihood have rendered the business houses reeling into uncertainty. As there seems no deadline for the lockdowns along with the fact that there is no vaccine or curable drug is making the situation even worse. In this situation, one of th...
Does COVID-19 affect Time of the Essence clauses in contract by Advocate Sanjeev Sharma #AMALawyered
Lawyered [../../../../../] presents Advocate Sanjeev Kumar Sharma [../../../../../lawyer-profile/sanjeev-kumar-sharma-2309/], Partner, L&L Partners Law Offices, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Lawyered [https://lawyered.in/] - On a mission to help peopl...
Does COVID-19 constitute force majeure & excuse non-performance of commercial contracts by Advocate Sanjeev Kumar Sharma #AMALawyered
Lawyered [../../../../../] presents Advocate Sanjeev Kumar Sharma [../../../../../lawyer-profile/sanjeev-kumar-sharma-2309/], Partner, L&L Partners Law Offices, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Does the COVID-19 outbreak constitute force majeure and excuse...
What is a Force Majeure Clause by Advocate Naman Saraswat #AMALawyered
Lawyered [../../../../../] presents Advocate Naman Saraswat [../../../../../lawyer-profile/naman-saraswat-414/], Maths Law Associates, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What is a Force Majeure Clause? Lawyered [https://lawyered.in/] - On a mission to hel...
Can force Majeure clause be invoked in the current scenario by Advocate Naman Saraswat #AMALawyered
Lawyered [../../../../../] presents Advocate Naman Saraswat [../../../../../lawyer-profile/naman-saraswat-414/], Maths Law Associates, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Can the force Majeure clause be invoked in the current scenario amidst all the crisis of...
Will COVID -19 cause breach of warranties clause by Advocate Sanjiv Dagar #AMALawyered by Advocate Sanjiv Dagar
Lawyered [../../../../../] presents Advocate Sanjiv Dagar [../../../../../lawyer-profile/sanjivdagar-273/], Managing Partner - Legajoist, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Will COVID -19 cause the breach of representations and warranties clause where seller...
Can Doctrine of Frustration be used if contract doesn't contain force majeure clause #AMALawyered by Advocate Sanjiv Dagar
Lawyered [../../../../../] presents Advocate Sanjiv Dagar [../../../../../lawyer-profile/sanjivdagar-273/], Managing Partner - Legajoist, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What if certain Contracts where supply chain is disrupted and supplier cannot perform...
Will COVID 19 prepare Companies initiate growth under Force Majeure clause #AMALawyered by Advocate Sanjiv Dagar
Lawyered [../../../../../] presents Advocate Sanjiv Dagar [../../../../../lawyer-profile/sanjivdagar-273/], Managing Partner - Legajoist, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Will COVID 19 be able to prepare Companies to initiate the growth by falling under th...
Companies may not be able to perform their obligations under the customer agreements #AMALawyered by Advocate Sanjiv Dagar
Lawyered [../../../../../] presents Advocate Sanjiv Dagar [../../../../../lawyer-profile/sanjivdagar-273/], Managing Partner - Legajoist, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Companies may not be able to perform their obligations under their customer agreement...
Can contracts be terminated completely due to COVID-19 by Advocate Anupam Prasad #AMALawyered
Lawyered [../../../../../] presents Advocate Anupam Prasad [../../../../../lawyer-profile/anupamprasad-157/], Partner - AP Law Chambers, Advocates and Consultants, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Can certain contracts be terminated completely due to the i...
COVID-19 constitute force majeure & excuse non-performance of commercial contracts #AMALawyered
Lawyered [../../../../../] presents Advocate Anupam Prasad [../../../../../lawyer-profile/anupamprasad-157/], Partner - AP Law Chambers, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Does the COVID-19 outbreak constitute force majeure and excuse non-performance of comm...
Force Majeure – Scope of Act of God and its Applicability in Current Times
Author - Kunal Dev Force Majeure, a French phrase that means a ‘superior force’, is embodied under Sections 32 and 56 of the Indian Contract Act, 1872. Typically, force majeure events include an Act of God or natural disasters, war or war-like situations, labour unrest or strikes, epidemics, pandemics, etc. The intention of a force majeure clause ...
Revisiting Your Executed Contracts – An Opinion
Author - Kunal Dev [https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/contr.jpg]For businesses today, anticipating the “known unknowns,” or unforeseen events that could impact business performance, is a fact of life. In a global economy, where organizations are dependent on their overseas suppliers, these events now include disea...
Alternative means of performance in contractual obligation by Advocate Rahul Hingmire #AMALawyered
Lawyered [../../../../../] presents Advocate Rahul Hingmire [https://youtu.be/7U6uCRLPa_4], Founder & Partner - Vis Legis Law Practice, Advocates and Consultants, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Whether mitigation steps or alternative means of performance...
Reasonable mitigation measure subject matter of the contract by Advocate Rahul Hingmire #AMALawyered
Lawyered [../../../../../] presents Advocate Rahul Hingmire [https://youtu.be/7U6uCRLPa_4], Founder & Partner - Vis Legis Law Practice, Advocates and Consultants, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What constitutes a reasonable mitigation measure is fact-spe...
How can the mischief be stopped? Contract by dishonoring it by Advoctae Rahul Hingmire #AMALawyered
Lawyered [../../../../../] presents Advocate Rahul Hingmire [https://youtu.be/7U6uCRLPa_4], Founder & Partner - Vis Legis Law Practice, Advocates and Consultants, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: How can the mischief be stopped as there will be a few who w...
Whether mitigation steps be reasonably taken in performing a Contractual obligation #AMALawyered
Lawyered [../../../../../] presents Advocate Ramasamy Santhanakrishnan [../../../../../lawyer-profile/ramasamy-santhanakrishnan-2018/], Founder & Partner - Krishnan and Krishnan, Advocates and Consultants, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Lawyered [https://lawyered....
Covid-19 And Its Impact On Commerical Lease
Author - Snigdha Sharma The humanity is presently reeling under the onslaught of Novel Coronavirus (COVID-19). The World Health Organization (WHO) has declared it as a Pandemic on 11th March, 2020. Its impact remained unpredictable till Mid of March, 2020. However, it is confirmed that it is the most deceptive Pandemic the World has witness in rec...
COVID-19 & Force Majeure Impact on India
Author - Yashasvita Apte Globally the world has come to be affected by the Covid-19 (Corona Virus) pandemic resulting in a nationwide lockdown in India. The World Health Organization (WHO) defines a pandemic as “The worldwide spread of a new disease. An influenza pandemic occurs when a new influenza virus emerges and spreads around the world, and ...
COVID-19 And Force Majeure
Author - KnK Legal Extraordinary situations usually resultant into extraordinary consequences. As we can recall, the hardships that were caused universally during the economic crises of 2008. Although, it is too early to forecast but the current crises due to pandemic of corona virus is likely to have major setbacks i.e. worse in decades, which co...
10 Considerations For Drafting A Robust Force Majeure Clause
Author - Sumit Rai (Guest Contributor) with Nitin Jain (Partner) [https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/force-majeure-artwork-e1587663475517.jpg]In light of the current global lock-down of unprecedented scale necessitated due to Covid-19, parties have had to revisit their contracts. The clause that has seldom seen suc...
Contracts: An Overview
Author: Rashi Suri [https://www.lawyered.in/lawyer-profile/rashi-suri-1736/] Associate: Pradyun Chakravarty, Dikshita Damodaran, Anjana Sridharan Upscale Legal logo [https://media-exp1.licdn.com/dms/image/C510BAQE0H0Ao3TYjDg/company-logo_200_200/0?e=1597276800&v=beta&t=j3uJlCqWLSx08lUCOC8sWlxyimxyMwu9JSWqEWRYBCM] Even though contracts are ingrai...
COVID-19 constitute force majeure and excuse non-performance of commercial contracts #AMALawyered
Lawyered [../../../../../] presents Advocate Saurabh Upadhyay [../../../../../lawyer-profile/saurabh-upadhyay-1804/], Founder - Upadhyay & Co., in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Does the COVID-19 outbreak constitute force majeure and excuse non-performance ...
Impact on execution of contracts and how to mitigate it by Advocate Saurabh Upadhyay #AMALawyered
Lawyered [../../../../../] presents Advocate Saurabh Upadhyay [../../../../../lawyer-profile/saurabh-upadhyay-1804/], Founder - Upadhyay & Co., in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What is the impact on the execution of contracts and how to mitigate it, in rea...
Impact of COVID-19 as a force majeure event under PPP contracts by Advocate Rashi Suri #AMALawyered
Lawyered [../../../../../] presents Advocate Rashi Suri [../../../../../lawyer-profile/rashi-suri-1736/], Managing Partner - Upscale Legal, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: "What will be the impact of COVID-19 as a force majeure event under PPP contracts?"...
Force Majeure provisions interact with Contracts indemnity by Advocate Snigdha Sharma #AMALawyered
Lawyered [../../../../../] presents Advocate Snigdha Sharma [../../../../../lawyer-profile/snigdha-sharma-1107/], Founder & Director - MeghLex services PVT LTD, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: How do the Force Majeure provisions interact with the Contract...
Can EMI payment be postpone under the COVID 19 by Advocate Snigdha Sharma #AMALawyered
Lawyered [../../../../../] presents Advocate Snigdha Sharma [../../../../../../lawyer-profile/snigdha-sharma-1107/], Founder & Director - MeghLex services PVT LTD, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Pursuant to the current situation of COVID-19 and lockdowns...
What are the remedies in the event of a breach of contract? by Advocate Shikhar Garg #AMALawyered
Lawyered [../../../../../] presents Advocate Shikhar Garg [../../../../../lawyer-profile/shikhar-garg-2132/], Founding Partner – Samanvaya Law and Partners, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What are the remedies in the event of a breach of contract? Law...
Do the Oral and written contracts have the same enforceability by Advocate Shikhar Garg #AMALawyered
Lawyered [../../../../../] presents Advocate Shikhar Garg [../../../../../lawyer-profile/shikhar-garg-2132/], Founding Partner – Samanvaya Law and Partners, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: "Do the Oral and written contracts have the same enforceability?" ...
Applicability Of Force Majeure And The Doctrine Of Frustration To Contractual Obligations In Light Of Covid-19
Author - Anindya Mazumdar (Partner), Associate Aakash Raman Sinha Firm - SINGHANIA & CO. LLP [https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/man-bottom.png]Force Majeure is a Latin term that translates to "Superior Force". The term finds no mention in the Indian Contract Act, 1852. A Force Majeure clause may provide for termi...
Whether one should hire lawyer to draft and review a contract by Advocate Rishabh Kapur #AMALawyered
Lawyered [https://www.lawyered.in/admin/] presents Advocate Rishabh Kapur [https://www.lawyered.in/admin/lawyer-profile/rishabhkapur-220/], Supreme Court of India, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Whether one should hire a lawyer to draft and review a cont...
What happens when one party breaches obligation of agreement by Advocate Rishabh Kapur #AMALawyered
Lawyered [https://www.lawyered.in/admin/] presents Advocate Rishabh Kapur [https://www.lawyered.in/admin/lawyer-profile/rishabhkapur-220/], Supreme Court of India, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What happens when one party breaches its obligation under t...
The essential clauses, must be incorporated in a contract by Advocate Rishabh Kapur #AMALawyered
Lawyered [https://www.lawyered.in/admin/] presents Advocate Rishabh Kapur [https://www.lawyered.in/admin/lawyer-profile/rishabhkapur-220/], Supreme Court of India, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What are the essential clauses that one must incorporate in...
Coronavirus And The Importance Of Force Majeure Clauses And Doctrine Of Frustration
Author - Ankit Rajgarhia & Tarun Sharma On 19.02.2020, Ministry of Finance, Government of India released a Circular clarifying that disruption of supply chains due to spread of COVID-19 shall be construed as a force majeure event and shall be considered as a natural calamity in relation to procurement of goods as per the Manual for Procurement of ...
Validity & Enforceability Of Non-Compete Clause In Employment Agreement
VALIDITY & ENFORCEABILITY OF NON-COMPETE CLAUSE IN EMPLOYMENT AGREEMENT Author - Navin Kumar Thakur INTRODUCTION Undoubtedly, we are living in the era of globalization, where the employers and the employees are complementary and supplementary to each other and the overwhelming development of the two are inter-connected, but at the same time the...
Limited Liability Partnership
According to LIMITED LIABILITY PARTNERSHIP ACT, 2008, LLP means a partnership in which some or all partners have limited liabilities. It is an alternative corporate business form which offers benefits of limited liability to the partners at low compliance cost, and also it is a legal entity, liable for the full extent of its assets. Thus, LLP is a...
Enforceability Of An Unstamped Arbitration Agreement | Lawyered
ENFORCEABILITY OF AN UNSTAMPED ARBITRATION AGREEMENT Author - Shikhar Khare Arbitration is known to be a form of Alternative Dispute Resolution (ADR), which is essentially a way to resolve disagreements most preferably outside the courts. It can be used to resolve any dispute related to rights about something particular; however, arbitration is o...
Force Majeure and Frustration of Contract
Author - Apoorv Singhal India went into lockdown due to Covid-19 pandemic from 24th March 2020. However, precursor factors in the markets were already showing. Indian Financial Markets were already sliding, and the indices were rapidly declining on Global cues. Further, as China started going into Lockdown phase supply disruptions started happenin...
When is a contract deemed to have been performed or discharged by Advocate Shikhar Garg #AMALawyered
Lawyered [../../../../../] presents Advocate Shikhar Garg [../../../../../lawyer-profile/shikhar-garg-2132/], Founding Partner – Samanvaya Law and Partners, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: When is a contract deemed to have been performed or discharged? ...
How does a mistake affect the enforceability of an agreement? by Advocate Shikhar Garg #AMALawyered
Lawyered [../../../../../] presents Advocate Shikhar Garg [../../../../../lawyer-profile/shikhar-garg-2132/], Founding Partner – Samanvaya Law and Partners, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: "How does a mistake affect the enforceability of an agreement?" ...
Can a contract be drafted remotely? If yes, how? by Advocate Shikhar Garg in #AMALawyered Series.
Lawyered [../../../../../] presents Advocate Shikhar Garg [../../../../../lawyer-profile/shikhar-garg-2132/], Founding Partner – Samanvaya Law and Partners, in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: "Can a contract be drafted remotely? If yes, how?" Lawyered [ht...
THIS ALERT INTENDS TO GUIDE
COMMERCIAL LANDLORDS AND TENANTS FACING PROBLEMS DUE TO COVID-19 AND EVALUATE THEIR OPTIONS AND WORK OUT SOLUTIONS Upscale Legal [http://www.upscalelegal.com/wp-content/uploads/2020/01/UPSCALE-LOGO.png] Author - Advocate Rashi Suri (Managing Partner), Pradyun Chakravarty (Associate) The Covid-19 pandemic is leaving businesses highly vulnerabl...
COVID-19: How Does It Impact Your Commercial Leases?
Author - Aashish Srivastava [https://www.lawyersclubindia.com/img/preview/custom/1_a.jpg]While COVID-19 pandemic is causing disruption, the performances under many contracts will be either delayed or interrupted or may even be suspended. Many of the corporate tenants in commercials lease may seek to delay and/or waive the commercial rentals for th...
Types & Classification of Contract Under Indian Contract Act, 1872
TYPES & CLASSIFICATIONS OF CONTACTS IN INDIA Upscale Legal [http://www.upscalelegal.com/wp-content/uploads/2020/01/UPSCALE-LOGO.png] AUTHORS - RASHI SURI (MANAGING PARTNER) AND PRADYUN CHAKRAVARTY (ASSOCIATE) In this article we are going to discuss Classification of contracts and its types in a more detailed manner. CONTRACTS A contract is...
Covid-19: Forcing Force Majeure – and Resisting [decoding the if and buts of leases]
[https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/image001.jpg] Author - Divya Malcolm (Kochhar & Co., Advocates and Legal Consultants) In the pandemonium about the pandemic, force majeure has ceased to sound Latin. Instinctively, everyone – suppliers, retailers, tenants, lessees - has sought to take refuge in force...
COVID-19 – An Event Frustrating Contractual Performance?
[https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/Solomon__Co._Logo.jpg]Author - Anagha Subramaniam, Partner and Pratik Bhat, Associate With the outbreak of COVID-19 reaching pandemic scale, India is on high alert with almost all State governments calling for a temporary lock-down of all but essential services. Sensex and Nifty...
COVID 19 and Force Majeure
[https://prod-lawyered.s3.amazonaws.com/media/blogHome/articleImages/Solomon__Co._Logo.jpg] Author - Jacqueline Aikin, Associate Partner and Soumitra Ponkshe – Associate On 11th March 2020, the World Health Organization (“WHO”) characterized the COVID – 19 outbreak as a ‘pandemic’. The impact of COVID – 19 on domestic and internationa...
Deed of Retirement of Partner or Partnership Firm
DEED OF RETIREMENT OF PARTNER OR PARTNERSHIP FIRM According to Section 32 of the Indian Partnership Act, 1932, “A partner retires when he ceases to be a member of the firm without ending the subsisting relations between the other members of the firm or between the firm and other parties. If a partner withdraws from a firm by dissolving it, then it...
Deed of Dissolution of Partnership| Free Template Inside
What is Dissolution of a partnership deed? Deed of dissolution of partnership means discontinuing or winding up of the business under the name of a partnership firm. It basically involves the procedure of finally settling down all the liabilities by selling off assets and also by settling all the existing accounts with the partnership firm. Wh...
Force Majeure Clause During Covid19 by Advocate Rashi Suri in #AMALawyered
Lawyered [../../../../../] presents Advocate Rashi Suri [../../../../../lawyer-profile/rashi-suri-1736/], Managing Partner - Upscale Legal on Force Majeure Clause during COVID-19 in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: "What is the relevance of force majeure clau...
#AMALawyered Should I Hire an Attorney to Assist with Contract Drafting and Review? by Advocate Ankita Paul
Lawyered [../../../../../] presents Advocate Ankita Paul, [../../../../../lawyer-profile/ankitapaul-1666/] Singhania and Co LLP, Bangalore on Contract Drafting in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Lawyered [https://lawyered.in/] - On a mission to help people...
#AMALawyered What are the remedies in the event of a breach of contract? by Advocate Ankita Paul
Lawyered [../../../../../] presents Advocate Ankita Paul, [../../../../../lawyer-profile/ankitapaul-1666/] Singhania and Co LLP, Bangalore on Contract Drafting in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: What are the remedies in the event of a breach of contract? ...
#AMALawyered Can a contract be drafted remotely? If yes, how? by Advocate Ankita Paul
Lawyered [../../../../../] presents Advocate Ankita Paul, [../../../../../lawyer-profile/ankitapaul-1666/] Singhania and Co LLP, Bangalore on Contract Drafting in Ask-Me-Anything #AMALawyered [https://www.youtube.com/results?search_query=%23AMALawyered] series by Lawyered. Situation: Can a contract be drafted remotely? If yes, how? Lawyered [ht...
Revitalizing The PPP – Associated Issues And Related Solutions
Upscale Legal [http://www.upscalelegal.com/wp-content/uploads/2020/01/UPSCALE-LOGO.png] Author - Rashi Suri (Managing Partner) and Pradyun (Associate) A Public-private partnership or PPP involves collaboration between the Government or a government agency and a private-sector entity, which is undertaken to finance, build and operate projects l...
Critical FAQs: Covid-19 Pandemic
Upscale Legal [http://www.upscalelegal.com/wp-content/uploads/2020/01/UPSCALE-LOGO.png] Author - Advocate Rashi Suri (Managing Partner) and Dikshita Damodaran (Associate) FAQ INDEX 1. Can force majeure provisions be invoked in the wake of COVID-19 pandemic? 2. In the wake of the Covid-19 pandemic, is it mandatory for an Employer to allow...
Force Majeue in PPP
Upscale Legal [http://www.upscalelegal.com/wp-content/uploads/2020/01/UPSCALE-LOGO.png] Author - Rashi Suri (Managing Partner) and Pradyun (Associate) Q. HOW CAN FORCE MAJEURE PROVISIONS IN A PPP CONTRACT BECOME APPLICABLE TO THE STAKEHOLDERS IN THE PRESENT SCENARIO OF COVID-19? Due to the galloping spread of the novel coronavirus (Covid-19) ...
Webinar on Contract and Legal Documentation by Advocate Nishant Nigam #AMALawyered
WEBINAR ON CONTRACT AND LEGAL DOCUMENTATION BY ADVOCATE NISHANT NIGAM [../../../../../lawyer-profile/nishantnigam-27/] Lawyered [../../../../../] and Supreme Cowork [http://supremecowork.com/] jointly organized #MentorHours [https://www.facebook.com/hashtag/mentorhours] on 28th October 2019. The session was delivered by Advocate Nishant Nigam. It ...
Learn Everything About Drafting of Contract or Agreement
Author - Associate Sonal Dubey An agreement is framed when a party with adequate legal capacity makes an offer to another party of adequate legitimate capacity who acknowledges the idea with a lawful thought. The contract must incorporate legitimate thinking to be an agreement. That is, the two parties must contribute a Quid pro quo to the underst...
Non-Disclosure Agreement: How Does It Protect You
Author - Vishnu Kesarwani [https://www.lawyersclubindia.com/img/preview/custom/1_a.jpg]A Non-Disclosure Agreement (NDA), also called as ‘Confidentiality Agreement’, is essentially a legal framework to protect confidential and sensitive information from going beyond it's intended or desired circuit. It is often instrumented between two or more part...
Startup Legal Documents | Download Free Templates
It is proven that the absence of a robust legal structure for a startup and legal documents for startups takes an enormous toll at a later stage. While unremittingly chasing the vision and success of the company, founders must pause and cover their company's legal base. We– India's first-ever Legal Tech discovery platform – have outlined some very ...
How to Draft and Review a Privacy Policy
Author - Associate Zarmeen Jahan If you have a website or mobile app that collects personal data from its users, you will need a Privacy Policy. A Privacy Policy is required by law in many countries. For online organizations that possess or work a versatile application or site, a Privacy Policy is required for you to work inside the law. Your Pri...
Elements and Importance of a Valid Contract
ELEMENTS AND IMPORTANCE OF A VALID CONTRACT Author - Associate Aliza Abdin A contract is imperative to establish a mutual agreement between any two persons involved. The contract includes various aspects like terms of the employment and ownership of one's property. The importance of valid contract agreement is indispensable to have a steady busin...
Balfour vs. Balfour Case Brief |Indian Contract Act
BALFOUR VS. BALFOUR CASE - INDIAN CONTRACT ACT AUTHOR - ASSOCIATE ZARMEEN JAHAN BALFOUR VS. BALFOUR CASE - INDIAN CONTRACT ACT Get an in-depth understanding of the landmark case of Balfour vs Balfour with Lawyered. Read the case summary, study the PDF and learn more about the implications of the ruling. In this article, we shall discuss the ba...
3 Things To Ensure In An Employment Contract Before Joining
Author - Associate Kantika Mukherjee A job aspirant joining a company must ensure three important clauses in the employment contract with the company. EMPLOYMENT AGREEMENT An Employment Agreement is basically a legal document, which consists of the ‘terms and conditions’ of the employment. It states the rights and duties of both the employer an...
Understanding the Importance of Contract in Business
IMPORTANCE OF CONTRACTS IN BUSINESS Author - Associate Shereen Abdin IMPORTANCE OF CONTRACTS AND IMPACT OF CONTRACT LAW IN BUSINESS A contract is a formal document, accepted by both parties, employer and employee, and is the base for any flourishing business. Importance of contracts and Law of contract is that Contracts in business provide bett...
Employment Contract- Things to Know
Author - Associate Shereen Abdin Employment contracts are the foundation for any organisation these days and assure a mutually benefited relationship. Firstly, an employment contract guarantees job security if you just started your career. It assures you and establishes whether the company is providing you with the compensation and bonuses, as pro...
Advantages and Disadvantages of E-Contracts in India
Author - Associate Shereen Abdin In this digital era, the demand for electronic contracts has seemingly increased due to the comfort of getting documents acknowledged online. It is a hassle-free improvement by technology, but it is necessary to weigh the advantages and disadvantages of electronic signatures before choosing them. PROS OF ELECTRO...
Case Study On Contract Arising Out Of A General Offer Case | Laws in India
CASE STUDY ON CONTRACT ARISING OUT OF A GENERAL OFFER Author - Associate Kantika Mukherjee You might see many general offers around you in the market, online and many other places offering you something, But have you ever thought how it becomes a contract and what contract arises out of these general offers? There are many case study on offer, an...
A Contract with a Minor is Void ab Initio | Agreement with Minor
A CONTRACT OR AN AGREEMENT WITH MINOR AUTHOR - ASSOCIATE KANTIKA MUKHERJEE Whether A Contract or an Agreement with a Minor is valid as per Indian Contract Act, 1872? Contracts An agreement made between two or more individual’s creating responsibilities that are enforceable or otherwise recognizable at law. A contract is an agreement appl...
The Relevance of Doctrine of Privity of Contract
RELEVANCE OF DOCTRINE OF PRIVITY OF CONTRACT Author - Associate Sanjani Shah RULE OF DOCTRINE OF PRIVITY OF CONTRACT {This Article reads on the line - privity of the contract, the doctrine of privity of contract} Get the legal insights you need to understand privity of contract and how it affects your business. Learn the definition, meaning a...
Powell v/s Lee | Communication of Acceptance in Contract Law
POWELL V/S LEE - COMMUNICATION OF ACCEPTANCE IN CONTRACT LAW AUTHOR - ASSOCIATE KANTIKA MUKHERJEE POWELL V/S LEE CASE LAW - COMMUNICATION OF ACCEPTANCE IN CONTRACT LAW According to the Indian Contract Act, 1872, a contract is an agreement which is enforceable by means of law. Section 2(a) of the Indian Contract Act, 1872 defines an offer as, ...
Contracts And Quasi-Contracts | Meaning & Differences
MEANING & DIFFERENCES OF CONTRACTS AND QUASI-CONTRACTS In this article we are going to discuss about contracts and quasi contracts also we will Distinguish between contract and quasi contract under Indian contract Act CONTRACTS An agreement between two or more individuals creating responsibilities that are enforceable or otherwise recognizable...
Certificate in Commercial Contracts By Advocate Madhavan Srivatsan
[https://lh3.googleusercontent.com/xBpWTUL6vuxIPfd5S5V-Pg2EwMtk9ZtEYVNIftvesv_U2ZV39kVQtuCUdn_g58BjJ6_tecVfdqpZmZujCA9qIRN-AAFhgiFTlxT9h-NM-dSvtAHBnNa5jXv7o0LwWue8GVUYnUZ7] For more details, visit - student.lawyered.in [http://student.lawyered.in/] and follow instructions Certificate in Commercial Contracts Madhavan Srivatsan | Certified By Law ...
Certificate in Law of Contracts By Advocate Mr. Karthik Brahmandaberi
[https://lh5.googleusercontent.com/i1c1tDqEv-wmNwOZjmE70o3LUi4uSc5_rfFTnta_qFI7N0YHi5IdEuw4hC5_9_FDIdvXeAEXd0YRUXxIVNxO5zJGAunXAsBd9CLwBu1fu6Joc6YBAgX3vpFhegixj4jz2CBe27F9] For more details, visit - student.lawyered.in [http://student.lawyered.in/] and follow instructions Certificate in Law of Contracts Karthik Brahmandaberi | Certified By Brahma...
Power Of Attorney In India
Author - Associate Aswini Ramesh What Is A Power Of Attorney? The power of attorney is a legal document that authorizes one person to represent and take decisions on behalf of another, it is usually is executed when the individual on whose behalf the actions are taken is out of the country or is incapable of taking such decisions because of old a...
#MentorHours at Teamup Cowork, Ghaziabad by Advocate Shantha Devi Raman
Lawyered and Teamup Cowork [http://teamupcowork.com/], Ghaziabad conducted #MentorHours on 25th July 2019 on 'Contract Drafting & Essential Clauses'. The session was delivered by Advocate Shantha Devi Raman. The session was organised for the Startups and Freelancers. Advocate Shantha Devi Raman talked about 'Various Contracts and Agreements and r...
What is a Software License Agreement?
Author - Associate Aliza Abdin A software license agreement is a legal contract between the purchaser of the software and the seller/licensor. Its primary use is to make the purchaser aware of its benefits and how and where it can be availed. It gives the purchaser a briefing of where, how, and the number of times it can be installed. It also prot...
What are Electronic Contracts?
Author - Associate Shereen Abdin Electronic contracts are the agreements which happen through web-based business, without gathering of the gatherings to the agreement. These agreements are fundamentally the same as the paper-based business contracts in which the business exchanges are directed and concluded electronically. With the headway of inno...
Certificate in Drafting, Pleading and Conveyance By Legajoist Advocates & Solicitors
[https://lh5.googleusercontent.com/m23sXn1LBXB3gjwIF-r3rqqI0Z1aYj5t8fqkJirDObjEsqrcNL4r5_RkKLZinoONfbm7VSdSdNj-WBhi1qAdz5a5HJ2JVYvHQkl35ITxuieB8ywgaPmAfTF87fYPaf9R8Y2kP5Oq] For more details, visit - student.lawyered.in [http://student.lawyered.in/] and follow instructions CERTIFICATE IN DRAFTING, PLEADING AND CONVEYANCE Sanjiv Dagar | Certified...
Never Startup Without These 5 Documents
Author - Advocate Vijay Tangri To set up a strong business entity anew, there’s the mandate of a stronger legal structure of the same. While you are bursting with ideas and the thrill of starting your own independent business, founders, step back and cover the basic elements of the whole process of initiation first – legal documents and their fil...
Key Essential Clauses In An Employment Contract/ Agreement
Author: Associate Runa Jasia An employment contract [../../../../../../employment-and-labour-laws/question/startup-violation-of-contract-and-nda-by-an-employee-6496008/] is an agreement between an employer and an employee, typically, deliberate voluntary and legally enforceable, therefore, binding by nature. The employee must consent to this contr...
All you need to know about Employee Stock Option Plan (ESOP) by Advocate Neeraj Dubey
Author: Advocate Neeraj Dubey and Associate Debasmita Patra Employee Stock Ownership Plans is a qualified employee benefit plan under which the employees of a business are given a right to acquire a share or ownership interest of the company they are working for. An ESOP is provided to the employees by their employer either as a reward or as an ex...
Doctrine Of Privity Of Contract Case Law: Should It Be Discarded Or Not?
DOCTRINE OF PRIVITY OF CONTRACT CASE LAW: SHOULD IT BE DISCARDED OR NOT? Author: Advocate Karthik Raghavan [https://www.lawyered.in/admin/lawyer-profile/karthikraghavan-1175/] and Associate Shreya Negandhi The ‘Doctrine of Privity of Contract’ is a long established principle of English Law which provides that no one may be entitled to or bound b...
Importance of Founders' Agreement in a Start-up
Importance of Founders’ Agreement in a Start-up Author – Advocate Madhavan Srivatsan [https://www.lawyered.in/lawyer-profile/madhavansrivatsan-1147/], Advocate Tuhin Batra and Associate Rishima Rawat When looking for a team for start-up, young entrepreneurs generally turn towards trusted friends, colleagues or family members. There is an inherent...
What Are Smart Contracts And Why They Are The Future Of Legal
What Are Smart Contracts And Why They Are The Future Of Legal The world is changing, and so are its trends. With the boon in technology and digital, every industry is adapting to changes open-mindedly. Same is the case with the conventional legal industry. The self-executing technology has made the industries smart. Talking of smart, have you hea...
5 Signs Of Troublesome Contracts And Legal Documentation
Legally binding and life changing, contracts and legal documentation are pieces of paper that have enormous hold over our lives. From job offers to website agreements, every professional service today comes attached with a contract! But by using complicated legalese or slyly crafted wording, contracts and legal documentation can be used to push yo...
Reading The Fine Print: The Ignored Sections Of Contracts And Legal Documentation
Author - Advocate Vikas Mehta (Advocate On Record) Even the most prudent of people often ignore to read the fine print in contracts and legal documentation. The most common example of this, is the Terms & Conditions section in mobile apps and for newly purchased products. Shadier organizations can use these lengthy contracts to hide additional ch...
Proposed Amendments To The Specific Relief Act, 1963 - Impact Analysis
The underlying objective of the parties behind entering into any contract is the performance of their respective parts. If for any reason this performance fails, courts tend to award damages in order to put the affected party back to his original position. However, if for any reason damages are an inadequate remedy or it is not possible to award c...
8 Checklist for Better Proofreading in Law - Lawyered
Checklist to Proofread Legal Documents Proofreading legal documents There is no foolproof formula for perfect proofreading legal documents every time. Not only will proofreading eliminate embarrassing and careless spelling or grammar related errors, but it will also provide edits for clarity and comprehension. You have to make sure that proofread...
How Freelancers Should Avoid Being Exploited For Their Skill
Of late, the economies around the world are witnessing a drastic change in the form of employment from traditional to independent employment. Freelancers are independent workers serving multiple clients, temporarily hired for short term projects. With complete independence, they work on their own terms and let their creative juices flow without hin...
ESOP: Employee Stock Option Plan - In Simpler Words
WHAT ARE ESOP’S? From being given to acknowledge and remunerate senior employees to using it as a consideration in the beginning to retain employees, since employers cannot afford to shed lakhs of money for remuneration, ESOP’s became essential for startups. Employee Stock Option Plans are the plans in which employees get the right to purchase a ...
Legal Service Level Agreements: All You Need to Know | Free Legal Advice
LEGAL SERVICE LEVEL AGREEMENTS: ALL YOU NEED TO KNOW WHAT IS A SERVICE LEVEL AGREEMENT? A Service Level Agreement (SLA) is an agreement between two or more parties, where one is the customer and the others are service providers. As the name suggests, it is an agreement that defines the terms of the service being offered to the customer. An SLA m...
6 Legal Agreements a Startup can't Ignore.
“THESE ESSENTIALS ARE ESSENTIAL FOR YOUR STARTUP” After you have formed your startup team and completed other procedures, it is important that you finalise following agreements to cement your legal relationship to other stakeholders. These legal documents are those basic documents which would crease out most of the legal issues your new startup wo...
Why you should never Freelance without a Contract
“SIGN THE CONTRACT, OR NOTHING IS REAL” Just as a startup founders need to be aware of the intricacies of agreements and contracts or have someone who can assist them with such issues [http://lawyered.in/legal-disrupt/articles/why-startups-need-lawyer/], a freelancer must know about freelance agreements. Admittedly, a freelancer does not have the ...