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: An employment agreement is the fundamental instrument which governs every miniscule aspect of the employer-employee relationship. It lays down the rights, duties, and expectations of the parties during the course...
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...
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...
What is an NFT? Non-Fungible Token (“NFT”) is a digital token created using blockchain technology attached to a piece of art. These tokens are nothing, but cryptographic assets cemented with unique identification codes and...
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...
Ancestral Property & Self-acquired Property
Introduction: The Hindu Succession Act, 1956 does not define either ancestral property or self-acquired property. However, there are myriad of judgments which clearly define the property and its method of succession. Let us...
Introduction: A technology development agreement sets out the terms and conditions between the developer and the customer, for building a tailor-made software as per the requirements of the customer. This agreement sets out...