Meaning The word ‘waiver’ means to give up a right or interest by choosing (intentionally or not) to let the opportunity to enforce the right or interest pass. In simple words, to waive something means to not enforce...
Category - Corporate/Commercial Law
What is a Non-disclosure agreement (“NDA”)? A non-disclosure agreement is a document that establishes a confidential relationship between the parties to it. The party/parties signing the NDA agree that any...
The Consumer Protection (E-Commerce) Rules, 2020 were notified as per the Consumer Protection Act, (“COPRA / new rules“) on July 23, 2020. Whom does it apply to? The rules apply to, inter alia, all goods and...
If you are looking to begin or expand your business through franchising, there are different types of franchising models to suit your business needs and investment capacity. Until now, FOFO and FOCO models remain the most...
As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘Spice Plus’)...
What are legal processes? In law, legal process includes criminal procedure, civil litigation arbitration, administrative proceedings, the electoral process, the legislative process, constitutional process, and others. Why...
What is Franchising? Franchising is an arrangement where one party (the franchisor) grants certain rights and privileges to the other party, i.e., franchisee. These rights usually include franchisor’s proprietary...
Oftentimes we have brilliant ideas which remain unexecuted due to lack of financial support or a business plan. While ideating is exhilarating, the execution of these ideas with respect to administrative requirements and...
On December 2nd, 2019, it was announced that the Ministry of Corporate Affairs (“MCA”) has launched a databank of Independent Directors (defined under the Companies Act, 2013). This databank is created pursuant to the...
Do you need legal assistance at an early stage of business? How do you assess your legal risks? Every early-stage entrepreneur is faced with these questions. During the inception of the business, entrepreneurs are usually...