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...
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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...
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...
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 A director in a company is an elected individual who represents the shareholders and oversees the management of the company. Director carries a lot of responsibilities in managing the activities of the company and...
How does startup funding work? It is necessary to identify the different participants before examining how a round of funding works. First, there are individuals looking to gain funding for their business. As a business...
Dream11, a company co-founded by Harsh Jain & Bhavit Sheth in 2008, which provides a Fantasy Gaming platform for many games such as cricket, football, baseball, basketball, handball, has suspended its operation owing to the...
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...