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Introduction Corporate governance is the framework of rules, practices, and processes by which a company is directed and controlled. It involves the relationships between a company’s management, its board of directors, shareholders, and other stakeholders. The Supreme Court has played a pivotal role in shaping and strengthening this framework through its landmark rulings. These judgments … Continue reading “Top 3 Important Landmark Judgments on Corporate Governance”
Introduction The way we handle financial distress in India has changed forever, thanks to the Insolvency and Bankruptcy Code, 2016 (IBC). Before the IBC, dealing with debt and company failures was a long, confusing, and often ineffective process. Legal disputes could drag on for years, leaving creditors with little hope of recovering their money. The … Continue reading “Navigating India’s Insolvency and Bankruptcy Code”
You’ve gone through the arbitration process, waited for the decision, and… it’s not what you hoped for. Before you throw your hands up in frustration, know this: your journey isn’t over. While an arbitration award can’t be appealed in the traditional sense, the law gives you a clear path to challenge it. Let’s walk through … Continue reading “Challenging an Arbitration Award: Know When You Can Appeal!”
Introduction We’ve all heard stories about legal heirs inheriting more than just property, sometimes they inherit legal battles and debts. It can be a real headache trying to figure out what you’re on the hook for and what you’re not. The Supreme Court has cleared things up with a super important judgement. You aren’t liable … Continue reading “Legal Heirs and Inherited Obligations: When Does Liability End?”
Introduction Navigating the financial aspects of real estate can be complex, and understanding the Goods and Services Tax (GST) is crucial for anyone involved in property transactions. This article aims to demystify GST’s role in the Indian real estate sector, offering a clear guide for both buyers and sellers. We’ll explore how GST applies to … Continue reading “GST on Real Estate: A Comprehensive Guide”
Introduction Establishing a business in India has become remarkably simpler, thanks to the government’s forward-thinking initiatives, particularly the introduction of the unified online application system, SPICe+, on the Ministry of Corporate Affairs (MCA) portal. What was once considered a complex and time-consuming process has been significantly streamlined, reflecting substantial improvements in legal frameworks and registration … Continue reading “Your Guide to Company Registration in India”
Introduction Navigating the world of real estate can seem complex, but understanding the fundamental legal framework in India for buying, selling, renting, or mortgaging property is key. The Transfer of Property Act, 1882, serves as a cornerstone, aiming to simplify the intricacies of property transactions for everyone involved. This blog will explore the core aspects … Continue reading “A Comprehensive Look at Property Transfer Laws in India”
Introduction Joint ventures (JVs) can be powerful engines for business growth, allowing companies to pool resources, share expertise, and tackle ambitious projects. However, like all partnerships, JVs can reach a point where dissolution becomes the most sensible path forward. This comprehensive guide will explore the concept of joint ventures, their various forms, and the legal … Continue reading “A Guide to Joint Venture Dissolution in India”
Introduction In the corporate world, the term “company ownership” can sometimes be a bit nuanced. While simply holding shares in a company certainly makes you an owner in a broad sense, your actual influence and decision-making power are intrinsically tied to the proportion of shares you possess. Effective businesses thrive on clear leadership and a … Continue reading “Unpacking Company Ownership: Is 51% Stock Always the Key to Control?”
Introduction India’s tax system operates primarily based on an individual’s or company’s residency status. Understanding these rules is crucial for anyone earning income within or from India. This guide will demystify the concepts of tax residency, explaining how it impacts your tax liability and what criteria are used to determine your status. The Indian financial … Continue reading “Navigating Tax Residency in India: A Comprehensive Guide”