2018 was an interesting year for legal changes in corporate, finance and technology sector and the “Way of Doing Business” in India which dominated the headlines and we can expect 2019 to continue in the same way. Our article- Key Legal Developments in 2018 highlights some of the key legal changes of 2018 that you should take the time to understand and be prepared for. It’s important for any business owner to be aware of the changes affecting their business & put in place suitable safeguards. Failing to be prepared is often costly in terms of money, resource & time.
Introduction to Business Law - Dr.R.Jolly Rosalind Silvasilvajolly
Contract Act,1872 in Business Law - What is Business? what is Law? Need to study.- why Students need to Study Business Law- Career options in Business Law- Business Law in Daily life.
2018 was an interesting year for legal changes in corporate, finance and technology sector and the “Way of Doing Business” in India which dominated the headlines and we can expect 2019 to continue in the same way. Our article- Key Legal Developments in 2018 highlights some of the key legal changes of 2018 that you should take the time to understand and be prepared for. It’s important for any business owner to be aware of the changes affecting their business & put in place suitable safeguards. Failing to be prepared is often costly in terms of money, resource & time.
Introduction to Business Law - Dr.R.Jolly Rosalind Silvasilvajolly
Contract Act,1872 in Business Law - What is Business? what is Law? Need to study.- why Students need to Study Business Law- Career options in Business Law- Business Law in Daily life.
Given the disruption caused by Covid-19 pandemic, the performances under many contracts will be delayed, interrupted or even suspended.
Many of the corporate tenants in commercials lease may seek to delay and/or waive the commercial rentals for the duration especially during the 21 days lockdown. This unprecedented Covid-19 has legitimately prevented them from carrying out their business.
Partnership Firm Registration | Partnership Firm Registration Documents RequireddeAsra Foundation
In this PPT, you will learn what is partnership firm registration, benefits of set up, the process & documents required for the same. For more details, check out this partnership registeration checklist: https://www.deasra.in/msme-checklist/partnership-registration-checklist/?utm_source=referral&utm_medium=slideshare
Partnership Firm Registration | Documents Required For Partnership FirmdeAsra Foundation
Learn what is a partnership firm, steps to incorporate one and he documents required for the same. For more help on getting small business licenses, reach out to deAsra for the Licenses & Legal Compliances Services at https://www.deasra.in/services/licences-legal-compliance/?utm_source=referral&utm_medium=slideshare
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LLB LAW NOTES ON COMPANY LAW
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Requirements of registration for trade unionsFAST NUCES
the presentation is about the requirements of registration for trade union. moreover it has included the definition of trade union and its legal registration requirements. application for registration and requirements for application are also included. Although, it is providing information about the Trade unions and freedom of association.
The Indian Partnership Act, 1932 was enacted in India in 1932.THE INDIAN PARTNERSHIP ACT’ 1932 Section.4 of the Indian Partnership Act, 1932 defines Partnership in the following terms: “ Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all.”
"Section 464 of the Companies Act, 2013 empowers the Center Government to prescribe maximum number of partners in a firm but the number of partners so prescribed cannot be more than 100.The Central Government has prescribed maximum number of partners in a firm to be 50 vide Rule 10 of the Companies (Miscellaneous) Rules,2014.Thus, in effect, a partnership firm cannot have more than 50 members".
General duties of Partners[2]
The Partners shall run the business of the firm to the highest level of common advantage by being true to each other. They have to be accountable to one another and provide complete information of all the aspects of the firm , to any other partner or their legal representatives.
Duty of indemnification
Each partner shall indemnify the firm for any loss that occurred due to a fraud, in the conduct of the business.
Franchise agreement we are given legal and free legal advice can be done a sapkleminds are provided a service here
https://www.sparkleminds.com/business/franchise-advertising/
For any business wishing to sell its franchise and for any business person willing to start a business by buying a franchise for a brand, it is very important to satisfy all the legal requirements to avoid any kind of nuisance and havoc in the future. Of all the legal documents, FRANCHISE AGREEMENT is the most basic document because it is the document which states that the franchisor and the franchisee have got into a contract.
Given the disruption caused by Covid-19 pandemic, the performances under many contracts will be delayed, interrupted or even suspended.
Many of the corporate tenants in commercials lease may seek to delay and/or waive the commercial rentals for the duration especially during the 21 days lockdown. This unprecedented Covid-19 has legitimately prevented them from carrying out their business.
Partnership Firm Registration | Partnership Firm Registration Documents RequireddeAsra Foundation
In this PPT, you will learn what is partnership firm registration, benefits of set up, the process & documents required for the same. For more details, check out this partnership registeration checklist: https://www.deasra.in/msme-checklist/partnership-registration-checklist/?utm_source=referral&utm_medium=slideshare
Partnership Firm Registration | Documents Required For Partnership FirmdeAsra Foundation
Learn what is a partnership firm, steps to incorporate one and he documents required for the same. For more help on getting small business licenses, reach out to deAsra for the Licenses & Legal Compliances Services at https://www.deasra.in/services/licences-legal-compliance/?utm_source=referral&utm_medium=slideshare
CA NOTES ON THE INDIAN COMPANY ACT 2003
FREE AFFIDAVITS AND NOTICES FORMATS
FREE AGREEMENTS AND CONTRACTS FORMATS
FREE LLB LAW NOTES
FREE CA ICWA NOTES
FREE LLB LAW FIRST SEM NOTES
FREE LLB LAW SECOND SEM NOTES
FREE LLB LAW THIRD SEM NOTES
FREE LLB LAW FOURTH SEM NOTES
FREE LLB LAW FIFTH SEM NOTES
FREE LLB LAW SIXTH SEM NOTES
FREE CA ICWA FOUNDATION NOTES
FREE CA ICWA INTERMEDIATE NOTES
FREE CA ICWA FINAL NOTES
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
LLB LAW NOTES ON COMPANY LAW
FREE AFFIDAVITS AND NOTICES FORMATS
FREE AGREEMENTS AND CONTRACTS FORMATS
FREE LLB LAW NOTES
FREE CA ICWA NOTES
FREE LLB LAW FIRST SEM NOTES
FREE LLB LAW SECOND SEM NOTES
FREE LLB LAW THIRD SEM NOTES
FREE LLB LAW FOURTH SEM NOTES
FREE LLB LAW FIFTH SEM NOTES
FREE LLB LAW SIXTH SEM NOTES
FREE CA ICWA FOUNDATION NOTES
FREE CA ICWA INTERMEDIATE NOTES
FREE CA ICWA FINAL NOTES
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
Requirements of registration for trade unionsFAST NUCES
the presentation is about the requirements of registration for trade union. moreover it has included the definition of trade union and its legal registration requirements. application for registration and requirements for application are also included. Although, it is providing information about the Trade unions and freedom of association.
The Indian Partnership Act, 1932 was enacted in India in 1932.THE INDIAN PARTNERSHIP ACT’ 1932 Section.4 of the Indian Partnership Act, 1932 defines Partnership in the following terms: “ Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all.”
"Section 464 of the Companies Act, 2013 empowers the Center Government to prescribe maximum number of partners in a firm but the number of partners so prescribed cannot be more than 100.The Central Government has prescribed maximum number of partners in a firm to be 50 vide Rule 10 of the Companies (Miscellaneous) Rules,2014.Thus, in effect, a partnership firm cannot have more than 50 members".
General duties of Partners[2]
The Partners shall run the business of the firm to the highest level of common advantage by being true to each other. They have to be accountable to one another and provide complete information of all the aspects of the firm , to any other partner or their legal representatives.
Duty of indemnification
Each partner shall indemnify the firm for any loss that occurred due to a fraud, in the conduct of the business.
Franchise agreement we are given legal and free legal advice can be done a sapkleminds are provided a service here
https://www.sparkleminds.com/business/franchise-advertising/
For any business wishing to sell its franchise and for any business person willing to start a business by buying a franchise for a brand, it is very important to satisfy all the legal requirements to avoid any kind of nuisance and havoc in the future. Of all the legal documents, FRANCHISE AGREEMENT is the most basic document because it is the document which states that the franchisor and the franchisee have got into a contract.
There are various types of franchising systems that can be opted by the franchisees to invest in. Some of them include the dealer arrangement, marketing arrangement, trademark-usage arrangement, manufacturing arrangement, product distribution arrangement, etc.
https://www.sparkleminds.com/business/franchise-advertising/
Legal And Regulatory Requirements Related To An Organization MansiGupta413277
Taking steps to meet your legal obligations might seem like a management no-brainer, but only fulfilling your minimum requirements might result in missed opportunities. Understanding the reasons for the various rules, laws and regulations that govern your business will help you take advantage of any benefits they offer while ensuring you stay in compliance at all times.
Key issues to consider when venturing into business in India. Some topics include repatriation of investments, taxation, court proceedings and IP issues.
India offers risk and reward. IndusLaw partner, Gaurav Dani and Saurav Kumar spoke on some of the key issues to think about in the context of an equity investment and the pitfalls to be aware of in structuring joint ventures in Tokyo earlier in April
An employment contract serves as a legally valid agreement that lists all the terms and conditions of the employment. It also identifies and recognises the rights, duties, responsibilities expectations, and obligations of both parties. Hence, it serves as a bilateral agreement for a specified time interval, during which both parties must adhere to the guidelines mentioned in the contract.
Visit here to know more: https://vakilsearch.com/employment-agreement
Franchise Consultants in Gurgaon
Franchise Consultants in Gurgaon. Find ✓Restaurant Consultants, ✓Personal Loans, ✓GST Registration Consultants, ✓Pcd Pharma Franchise, ✓Franchise Consultants For Courier Service in Gurgaon. Get Phone Numbers, Addresses, Reviews, Photos, Maps for top Franchise Consultants near Gurgaon on Sparkleminds.
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Franchise Consulting Services Providers in Chandigarh. Get contact details and addresses of Franchise Consulting Services firms and companies in Chandigarh. Sparkleminds
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The franchiser has promotion as one of the Modern Methods are Social media marketing and perfect match google ads and SEO on your website we bring a customized solution from our brand owner and expand a brand anywhere in India.
Business consultants are often professionals who are well knowledgeable about a broad range of businesses as a result of working with diverse enterprises and also their long-term services.
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Franchise Marketing :
When it comes to franchise marketing, all major efforts will revolve around describing your brand to the consumer to establish a brand identity and encourage consumer engagement. To maximize the effects of these efforts, consumers must have a uniform experience at every touchpoint regardless of the franchise location.
. A franchisee would never want to invest his money in any brand unless he is assured of a considerable amount of profit in the future. A good number of big brands available in the market would want you to invest your money into their brand.
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
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Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
1. Franchise Terms and Conditions
Before the franchisor and the franchisee decide to agree and bind into a
contract known as the franchise agreement, it is necessary that both of them
cautiously go through the terms and conditions of the agreement to ensure
avoiding any kind of havoc.
The terms and conditions mentioned in the franchise agreement document
must take into account the welfare of both the franchisor and the franchisee.
The terms and conditions should enable the business to become a high profit-
generating business that provides benefits to the franchisee and the
franchisor.
A franchise agreement is a license from the franchisor to the franchisee to use
the franchisor's intellectual property, systems, and brand name. It also
enables the franchise to acquire the rights to open a business using these
INTELLECTUAL PROPERTIES, provided it meets certain conditions.
Franchise Terms and Conditions
2. Key franchise laws, rules, and regulations in
india:
In India, there are no specific franchise laws that govern a franchise business.
There is a range of rules and regulations that can be made applicable to
franchising. These laws include those addressing competition, consumer
protection, intellectual property, labour, property, and the set course of
taxation.
The following is a list of the common laws relating to franchising in India:
THE INDIAN CONTRACT ACT
The Indian Contract Act of 1872 governs all aspects of franchise contracts
including the franchise offer, acceptance of the operation, validity of the
franchise agreement, breach of contract, and its termination by any of the two
parties. The act also seeks to ensure that the parties consent freely and value
the contract.
COMPETITION LAWS
The Competition Act was enacted by the Competition Commission of India in
2002 but it came into effect full-fledged in the year 2009. The act aims to
promote competition and freedom of trade, protect the rights of the
consumers
and prevent anti-competitive agreements and activities that can harm the
competition in India. In franchising, the Completion Act aims to ensure that the
tie-in arrangements, exclusive supply, and distribution agreements, and resale
price maintenance do not inhibit healthy competition in the marketplace.
INTELLECTUAL PROPERTY LAWS
Four acts are attributed to the task of covering intellectual property rights in
India. The Copyright Act (1957), The Patents Act (1970), The Trademarks Act
(1999), and the Designs Act (2000) are the acts that control the terms and
conditions of the agreement of the franchise agreement. These rights are
essential for the survival of the franchise industry and they provide protection
for trademarks, patents, and registered designs and allow legal actions to be
brought against third parties for infringement of any of these rights.
CONSUMER PROTECTION LAWS
The Consumer Protection Act was initiated in 1986 to provide recourse for
consumers who received any defective goods or experienced unsatisfactory
services. Under these laws, the government aims to encourage the
3. THE FOREIGN EXCHANGE MANAGEMENT ACT
This act was established in 1999 and aims to govern payments in foreign
currency and is generally applicable to a cross-border or international
franchise arrangement.
LABOUR LAWS
There are plenty of labour laws in India that may as well apply to the franchise
business. Therefore it is important that the franchisee and franchisor are
aware of these and the responsibilities concerning management and welfare
of the workforce are delineated in the franchise agreement.
INCOME TAX ACT
The Income Tax Act of 1961 governs and looks into all the tax aspects of any
franchise in India and also ascertains that a cross-border franchisor complies
with local tax regulations concerning any applicable tax treaties to be signed
and also ensures the fulfilment of any franchises that have been signed prior.
THE ARBITRATION AND CONCILIATION ACT
Enacted in the year 1996, The Arbitration and Conciliation Act governs the
Indian law of domestic and international arbitration. This law only comes into
effect if there is any case of franchisee-franchisor disputes due to non-
compliance with any of the points in the franchise agreement.
PROVINCIAL INSOLVENCY ACT
The Provincial Insolvency Act of 1920 comes into effect in the case of
insolvency of the franchisee or an individual franchise unit.
It is always advisable to consult experts while preparing a franchise
agreement document because they can help let you ensure the formulation of
correct rules, regulations, policies, terms, and conditions to be mentioned in
the document.
It is a set of rules governing the franchisee-franchisor relationship and also
ensures the day-to-day working and also ensures the state of work of your
franchise in the long run. Thus, it is necessary that a franchise agreement
document is cautiously drafted under expert assistance to avoid any havoc
and omit any possible mistakes that could prove to be an expense for the
business entity.
Apart from the above-mentioned provisions and clauses, several other
pointers should as well be mentioned. There are some other brands and
sector-specific rules and regulations that need to be taken into account while
preparing a franchise agreement document.
4. RESERVE BANK OF INDIA RULES
The franchising agreement is also subject to all rules issued by the Reserve
Bank of India (RBI) and they should necessarily be followed.
All these above-stated acts explain the basic rule of a franchise and enable
you to set up a franchise that is based on ethical grounds. Every franchisor
would want to set up a business unit that could expand his business, not only
in terms of financial profit but also expand his market goodwill by assuring that
the working of every single unit is based on ethical ground and is legally fair.
It is necessary that while preparing a franchise agreement, both the franchisee
and the franchisor must know what are the three conditions of a franchise
agreement, all of which are listed underneath.
1. Trademark, patent, and other intellectual properties can be used to the
extent that they are mentioned in the franchise agreement sample
2. What are the amounts of fees, royalties, etc. that the franchisor has to
pay to the franchisor. It also mentions the total anticipated investments.
3. Renewal rights and franchise termination policy should be mentioned.