by admin | Sep 20, 2024 | Uncategorized
Introduction In our article named – “Take or Pay clauses in a fuel supply agreements, Ship or Pay Clauses in transportation contracts in Energy Sector, Enforceability thereof and attendant maters – Part I”, we analysed that Indian Courts and quasi-judicial bodies have...
by admin | Sep 20, 2024 | Uncategorized
Introduction As the digital revolution continues to reshape the legal landscape, contract law has evolved significantly, moving from traditional paper-based agreements to modern forms such as electronic contracts. These advancements have brought about a new level of...
by admin | Sep 13, 2024 | Uncategorized
Introduction As a fast-paced economy, India is witnessing rapid urbanization and as per an estimate, 42.5% Indians are expected to live in urban area by 2034. This is apparently a driving factor for fuelling the demand for residential properties in different cities in...
by admin | Sep 13, 2024 | Uncategorized
Introduction Taxation of A Corporate Entity happens on its global income, if the Corporate Entity is considered to be a resident in India. Of course, this rule is to be found under Indian Income Tax, 1961, and the ultimate tax implications will be governed by the...
by admin | Sep 13, 2024 | Uncategorized
Introduction Recently we came across an issue faced by one of our clients, which is an incorporated company in India. We were told that there was an unauthorised data leak from the client’s system and that the digital files leaked contained confidential...
by admin | Sep 13, 2024 | Uncategorized
Introduction India being a country with a population of roughly 1400 million, the legal system and the courts in the country are overburdened with pending civil and criminal cases and there is a lengthy wait time for obtaining a final decision in civil disputes. The...
by admin | Sep 13, 2024 | Uncategorized
Introduction: – Agreement and Contract In terms of provisions of Section 2(e) of the India Contract Act, every promise and every set of promises forming the consideration for each other is an agreement. An agreement between the parties will come in...
by admin | Sep 2, 2024 | Uncategorized
Introduction In India, the Companies Act 2013 is a statute governing the functioning of the companies incorporated under the said Act. The Companies Act 2013 also contains various provisions pertaining to the rights of the shareholders of the company, including the...
by admin | Sep 2, 2024 | Uncategorized
Introduction The Negotiable Instruments Act 1881(“NI Act”) was brought in force to provide for law relating to promissory notes, bills of exchange, cheques, etc. Negotiable instruments have been used in business transactions for quite a long period of time and are a...
by admin | Sep 2, 2024 | Uncategorized
Introduction In the realm of commercial transactions, the quality of goods is paramount. Businesses depend on the timely delivery of goods that meet specified standards to operate efficiently and maintain their market reputation. However, there are instances where the...