On 29th March, 2017 Parliament passed an act with the concept of “One Nation, One Act”. This was termed as “Goods and Services Tax” which further into effect on 1st July, 2017. GST is an amalgamation of various Central as well as State taxes into a single tax. It is considered to be a comprehension […]
The term Memorandum of Understanding Format denotes the Performa of an agreement that is signed between the parties. This legal document describes the rights and duties of the parties involved. Further, it shall be relevant to state that all the terms and conditions stated in an MOU are mutually agreed. In this blog, we will […]
The term “Format of Shareholders Agreement” denotes an agreement that aims to protect the investment made by the shareholders by creating a Transparent and Fair relationship between the Shareholders and the Company. Further, the Shareholders Agreement provides the Rights and Duties of the Shareholders, together with the Provisions for the Protection of the Minority Shareholders. […]
The term “Trademark Class 13” denotes a classification/ group/ class that deals predominantly deal with goods, such as Firearms, Weapons, Explosive Substances, Ammunition, and Projectiles. In this blog, we will discuss the notion of Trademark Class 13 and the goods termed as Heating, Lighting, and Cooking Appliances. Concept of Trademark Registration The term “Trademark” denotes […]
RERA (Real Estate Regulatory Authority) was passed by the Indian government in the year 2016. The Act was brought into action to focus on concerns of the home buyers, builder, brokers and various other stakeholders of the real estate industry. The Act focuses on the transparency in the real estate industry. Chapter VII of the […]
The term “Format of Share Purchase Agreement” denotes a formal legal document that lays down the terms and conditions for the seller and buyer of shares. That mean, through this document, the buyer steps into the shoes of the seller. Further, it shall be pertinent to note that a Share Purchase Agreement will include both […]
The term “NGO Registration in India” denotes the process in which a voluntary union or group of people decides to start an organisation, which will work for the charitable and non-profit making purpose. Further, it shall be relevant to note that an NGO cannot payout dividends and benefits to its members and individuals. Also, starting […]
The term “Convert a Section 8 Company into Private Company” denotes the process wherein a Section 8 Company decides to change its objective from charitable activities to profit earning activities. Moreover, the term “Charitable Objective” means promoting Charitable Purpose, Arts, Education, Protection of Environment, Sports, Research, Science, Religion and Social Welfare, etc. In this blog, we will discuss […]
The term “Trademark Class 8” means a class or group of the “Trademark Classification” mentioned under the Trademark Act 1999. This trademark class deals explicitly with the items, such as Hand Tools and Implements. In this blog, we will discuss the topic of Trademark Class 8 and the items termed as Hand Tools and Implements. […]
The term “Conversion of LLP into Private Company” denotes the process under which the Designated Partners of a Limited Liability Partnership wants to expand their business operation by converting into a Private Limited Company. In this blog, we will discuss the procedure for the Conversion of LLP into Private Company. Concept of Limited Liability Partnership […]
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