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...
Tag - general legal
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...
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...
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...
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...
Meaning of Probate: Probate is the term for the legal process in which a will is reviewed to determine its validity and authenticity. It also accounts for general administering...
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 In order to name the custodians of our assets it is imperative that we know the meaning and legal implications of appointing them. Nominees and legal heirs have been clearly given their roles and responsibilities...
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...