What is a Licensing Agreement? With the advent of rapid commercialization, one of the means of revenue generation of business entities or individuals is through licensing their intellectual property. Through licensing...
Category - General Legal
Introduction: A contract is an agreement that is enforceable by law.[1] However, a Memorandum of Understanding (“MOU”) need not contain legally enforceable promises. This article aims to clarify the usage of both these...
Introduction: India’s largest cryptocurrency exchanges CoinDCX and WazirX, are witnessing a sell-off. Bitcoin price has plunged over 14% on WazirX, and dog-themed cryptocurrencies SHIB and DOGE have...
Introduction The rights and legal status of a nominee and a legal heir have been a point of discussion for some time now. One of the key legal concerns that has been called into question is whether the rights of a nominee...
Introduction A will, in general, is a legal declaration of the testator’s intentions regarding his property which he desires to be carried into effect after his death. A testator has the right to amend his will at any moment...
Introduction While establishing an organization it is important to set out the foundation, clearly envision the mission and formulate certain ground rules between the parties who are starting the venture. The simple way is to...
Introduction: Service Level Agreement (“SLA”) is an important part of a contract that includes mutually agreed upon terms between a service provider and their customers, ensuring the services provided meet certain...
What is FSSAI? Food Safety and Standards Authority of India (“FSSAI”) is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established...
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...
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...