Why Legal Due Diligence Is Critical In India, when you acquire a business or startup — whether through share purchase, asset purchase, merger, or strategic investment — you may also inherit: Undisclosed tax liabilities Pending litigation Regulatory non-compliance Hidden shareholder ...
Receiving a summons from the Enforcement Directorate (ED) under the Prevention of Money Laundering Act, 2002 (PMLA) can be intimidating. For many individuals—business owners, directors, promoters, professionals, or even family members—an ED summons creates panic, confusion, and fear of arrest. ...
๐ Can a Minor Enter Into a Contract? โ Absolutely Not.As per Section 11 of the Indian Contract Act, 1872, a person must be of the age of majority (i.e., 18 years or 21 in certain guardianship cases) to enter ...
YES! ๐ซ ๐๐ง๐ฅ๐ฒ ๐ข๐ง ๐๐ฑ๐๐๐ฉ๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฌ๐๐ฌ — like proven misconduct, criminal activity, or if the employment contract specifically permits termination without notice. ๐งพ ๐๐ง๐๐๐ซ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ข๐ฌ๐ฉ๐ฎ๐ญ๐๐ฌ ๐๐๐ญ, 1947, and state-specific Shops & Establishment Acts, arbitrary dismissal can invite legal ...
๐พ No — NRIs are not allowed to purchase agricultural land, plantation property, or farmhouses in India, as per RBI guidelines. However, they can inherit or receive such land as a gift from a resident Indian. ๐ Important: Violating this ...
Navigating legal compliance is crucial for startups to establish a strong foundation and ensure sustainable growth. In India, understanding and adhering to applicable laws can be complex but essential. Here’s a concise guide to help startups stay compliant: 1. Incorporation ...
In the realm of law, ethics and professional responsibility form the bedrock upon which trust, integrity, and justice stand. As guardians of the legal system, it is incumbent upon legal professionals to adhere to the highest ethical standards, ensuring fairness, ...
๐ฏ The Role of Technology in Enhancing ADR Processes The advent of technology has transformed virtually every industry, and the field of Alternative Dispute Resolution (ADR) is no exception. ADR processes, including mediation, arbitration, and negotiation, have traditionally relied on ...
Introduction: As remote work continues to redefine the modern workplace, it brings with it a host of legal considerations that businesses and employees must navigate. From data protection to employment law and contractual obligations, the shift to remote work presents ...
The Supreme Court on Tuesday (November 21) reprimanded the Patanjali Ayurved for continuing to publish misleading claims and advertisements against modern systems of medicine. While considering a petition filed by the Indian Medical Association against misleading advertisements, the bench comprising ...
The Indian Penal Code (IPC) is the official criminal code of India. It is a comprehensive code intended to cover all substantive aspects of criminal law. The code was drafted on the recommendations of the first law commission of India ...