WHAT IS DEFI? Decentralized Finance (“DeFi”) refers to financial applications built on blockchain technologies, typically using smart contracts. Smart contracts are automated enforceable agreements that do not...
Tag - corporate law
Decentralized Autonomous Organisation (“DAOs”) are essentially group of code that automatically execute whenever a set of criteria are met. DAOs can be referred to as governing bodies that looks after the...
What is a Privacy Policy? A Privacy Policy is a document on any/all website that tells every user how and why you’re collecting their information. It spells out how you use that data, why you use it, and if it’s shared...
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...
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...
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...
Introduction You must have definitely heard about Muthoot Finance Ltd at least once in your lifetime. It is India’s first Non-Banking Financial Company (“NBFC”). With the rise in the number of start-ups in our economy...
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...