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All about Contribution in Limited Liability Partnership (LLP)

Form/Manner of Capital contribution As per the provisions of Section 32 of Limited Liability Partnership Act, 2008, contribution of a partner may consists of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or...

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Posted Under: Corporate Law |

Blanket Quashing of Trademark Removal: Another Chance for defaulters!

Trademark is an important asset for an organization. People spend their sweat, money and life to create value in a brand, which helps to create a different position in the market for their products with other’s products. Organization registers their trademark to extend their protection from infringer/copycats. The registration of a trad...

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Posted Under: Corporate Law |

Why Not To Buy A Property Without Completion Certificate?

There are a number of homebuyers who take the possession of the property even when the completion certificate has not been issued to the builder in respect of that property. But, should one really go ahead in such a case? The dilemma is not really worth it. A Completion certificate is a legal document that […]...

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Posted Under: Corporate Law |

Startup India Schemes Launched by Government of India

Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities....

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Posted Under: Corporate Law |

RERA After 2 years of Implementation 

The Real Estate (Regulation and Development), Act, (RERA) came into effect from May 1, 2017 and recently marked its 2nd anniversary. 2 years after the RERA  was enacted, the implementation of the legislation intended to bring about transparency and regulate the highly unorganized real estate sector still remains a work in progress. The R...

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Posted Under: Corporate Law |

Real Estate And The Terminologies

Using deceptive terms to deceive home-buyers is a common practice in the real estate industry. The terms usually used by the developers in the Builder-Buyer Agreement can be tricky for those who don’t understand their actual meaning. Here are some of the important terms every investor/home-buyer in the real estate industry shall be awar...

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Posted Under: Corporate Law |

FAQs on Overseas Direct Investments

Q. 1 Where are the guidelines pertaining to overseas direct investments available and how to get clarifications pertaining to the guidelines on overseas investment? Ans: The guidelines have been notified by the Reserve Bank of India vide Notification No. FEMA 120/RB-2004 dated July 7, 2004, as amended from time to time, which can be acces...

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Posted Under: Fema / RBI | ,

SC judgement holding allowances as part of basic wages- contradictory?

Is the recent SC judgement holding allowances as part of basic wages for the purpose of determination of PF contribution, in contradiction with the stand of the Law makers and implementeors? In its recent judgement in the case of RPFC vs. Vivekananda Vidyamandir and others & Surya Roshni Ltd & Ors. vs. The State of […]...

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Posted Under: Corporate Law |

Benefit to Buyers Under RERA

The new legislation Real Estate (Regulation and Development) Act, 2016 (known as RERA) was enacted with the aim of protecting the interest of the Real Estate sector and specially the buyers. Before this law was enacted real estate buyers were exploited by builder mafia in many ways like (a) property was never handed over to […]...

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Posted Under: Corporate Law |

Agreement/ Contract Drafting: Notable Exercise For Business

In the wake of India’s move towards achieving a status of Developed Nation by providing its people various initiative like “Make in India”, Startup India, Promoting MSME, Skill India to start their own business platforms, the founder of any business set up is essentially required to direct its business strategy in a legally sound ma...

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Posted Under: Corporate Law |