Introduction: Every company has certain responsibilities and compliances which need to be followed. For this, the company appoints an officer who is responsible in case of any default of such compliances. The designation of...
Category - Corporate/Commercial Law
As on October 2021, India had the highest number of cryptocurrency investors in the world, which stands at 10.07 crore investors.[1] However, Virtual Digital Assets (“VDA”) like cryptocurrencies and NFTs are extremely...
What is a non-compete clause? It restrains a party to the contract from providing assistance or services to direct competitors of the other party, while the agreement is in subsistence. Moreover, this restrain is extended post...
Introduction Introduction of Artificial Intelligence (“AI”) and robotic process automation are providing spectacular customer services to borrowers. A research was conducted by Accenture on impact of AI on profitability...
What are the types of NFBCs? Non-Banking Financial Companies (“NBFC”) have come into prominence post the pandemic and the start-up boom in the country. The reason being NBFCs provide seamless and prompt lending services...
Q. What is an ESOP Policy? ESOP policy is a policy formulated by a company at any stage while issuing ESOPs to their employees. The company can formally give out any ESOPs in the form of grant letters. Every company has a...
Introduction: Employee Stock Option Plan (“ESOP”) is an option granted to the employees to acquire certain number of shares allotted by the company, at a pre-determined price, at a future date. ESOPs are allotted only...
What is an Employee Stock Option Plan (“ESOP”)? When company gives an employee the option to buy stocks of the company in the future, but at a pre-determined price, it is termed as ESOPs. It is an option given to the...
Yet again, the Apex Court has come to citizens’ rescue. This time around by becoming the voice of thousands of cryptocurrency investors in the country. The Centre through the Budget session of 2022, imposed 30% tax on virtual...
Introduction: Shares in a company are transferable like any other movable property, subject to any expressed restrictions under the Articles of Association (“AoA”) of the company. In India, share transfer is governed...