Introduction The startup culture boom in India has caused a wave of entry to new entrepreneurs to the Indian market which according to the DPIIT (Department for Promotion of Industry and Internal Trade) report, start-ups have created more than 900,000 jobs in the past three year. However, there are various legal complexities surrounding the establishment...
Voting rights is primarily rights available to shareholders of the company to conduct affairs of the company in the shareholders meetings. Contractually parties may agree on certain favourable rights to a set of investors/shareholders. The term ‘voting right’ is defined in Section 2(93) of The Companies Act 2013, as “Voting right” means the right of...
Introduction The backbone of every company is its employees hence if a company wants to grow it is imperative that the employs perform well and in turn it’s the company’s responsibility to take care of its employees. However, this care is not limited to only payment of adequate wages to the employees for their work...
INTRODUCTION: The common law principle against trade restrictions was enshrined to curb monopolies and the stifling of competition in Section 27 of the Indian Contract Act, 1872 (“ICA”). Section 27 of the ICA provides as follows: “Every agreement by which anyone is restrained from exercising a lawful profession, trade, or business of any kind, is...
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Copyright by Upscale Legal. All rights reserved.
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