The Payment of Gratuity Act, 1972 came into force on September 16, 1972. The Government of Kerala enacted the Kerala Industrial Employees Payment of Gratuity Act, 1970 making gratuity a statutory right of the employees. Later, West Bengal Government enacted the West Bengal Employees Payment of Gratuity Act, 1971 relating to the subject. Central Government […]
Read More →There was a time when corporates used to consider compliance of laws as a burden, gone are the days, now corporates consider it as its responsibility. In the past, there was not proper guidance system, due to which corporates couldn’t comply with regulatory requirements. But now picture has been changed and with the passes of […]
Read More →Make sure your clients NEVER default on your payments. Here’s how! Recovery of stuck payments is the pain point of many businesses. Except for a few cases where the clients have genuine challenges in paying you, in the rest they don’t pay simply because they do not feel compelled to do so. Here’s how you […]
Read More →The Do’s Always include the following clauses to avoid future litigation: A. Consideration – value generated for each party B. Deliverables – what goods or services will each party deliver C .Responsibility – duties of parties while delivering D. Default – what shall be the damages in case of default E. Termination – when can […]
Read More →Pay attention to the legal strategy of your business It will pay off! If you think through the legal strategy for your business, it can help you in the long run, especially when a legal challenge comes up. Do pay attention to these aspects: 1.The Legal Identity – Proprietorship , Partnership or Company? If you […]
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