A legal audit is a thorough examination and evaluation of a company’s legal compliance, contracts, policies, procedures, and other legal documents. The primary aim of a legal audit is to identify potential legal risks, ensure compliance with applicable laws and regulations, and provide recommendations for mitigating these risks. Legal audits can be performed internally by […]

The Indian Patents Rules, 2003, were amended on March 15, 2024, simplifying the procedure for filing Working Statements in respect of granted patents in India. Under the amended Rules: Working statements are now required to be filed once every three financial years instead of “annually”. Requirement for filing the working statement commences from the financial

Employment contracts are critical in startups and young businesses for various reasons, ensuring legal protection, defining clear expectations, and fostering a positive work environment. Here are the key reasons why they are essential: 1. Legal Protection Compliance with Laws: Employment contracts help ensure that the startup or young business complies with labor laws and regulations,

Introduction Stamp paper is a crucial element in the execution of legal documents in India. It plays a vital role in ensuring the legality and enforceability of various types of agreements and contracts. This article delves into the significance of stamp paper, the legal framework governing its use in India, and the consequences of executing

In the context of the Indian judicial and legal system, time-barred matters refer to legal claims or cases that are no longer eligible for adjudication due to the expiration of a prescribed statutory period known as the statute of limitations. This period is set by law and defines the maximum time within which legal proceedings

In the complex landscape of legal disputes, the issuance of a legal notice stands as a vital precursor to formal litigation. This crucial step, often underestimated, can serve as a formidable tool in resolving conflicts. When well-researched and meticulously drafted, a legal notice can act as a “Brahmastra”—an invincible weapon from Indian mythology—effectively addressing and

What is POSH? POSH stands for Prevention of Sexual Harassment. In India, it refers to the Prevention of Sexual Harassment at Workplace Act, 2013, commonly known as the POSH Act. This law was enacted to ensure a safe and secure working environment for women, free from sexual harassment. Key Features of the POSH Act Definition

Recovering pending payments in business can be a challenging task, but following a systematic process can help ensure a higher success rate. Here’s a step-by-step guide to recovering pending payments in India: Step-by-Step Process to Recover Pending Payments in India Review the Agreement and Invoice Ensure that the payment terms and conditions are clearly outlined

Hiring a law firm on retainership can provide numerous benefits that serve as a form of insurance for your business. Here are some key reasons why this can be advantageous: 1. Consistent Legal Support With a law firm on retainership, you have ongoing access to legal advice and support. This ensures that legal assistance is