This article amongst other aspects highlights the reasons for the prominence of a ‘slump sale’ in respect of the structuring of asset purchase arrangements and the landmark judicial precedents) underpinning such reasons.
Tag: lawfirmgurgaon
Impact of Social Security Code, 2020 on Employees’ State Insurance Scheme
The Code on Social Security (the Code), passed with a view to repeal and consolidate existing labor laws and facilitate ease of doing business, has introduced several changes in the Employees’ State Insurance (ESI) Scheme. This article brings forth the features pertaining to the ESI Scheme under the said Code, which proves crucial for both the employee(s) as well as the employer(s).
BREACH OF EMPLOYMENT CONTRACTS & NECESSARY SAFEGUARDS FOR EMPLOYERS
This article pertains to Breach of Employment Contracts & Necessary safeguards for employers.
Restrictive covenants under the Employment Contracts: Part-1
Restrictive covenants under the Employment Contract mean clauses that are incorporated in an Employment Contract in order to impose certain restrictions on the employees. These clauses are incorporated to safeguard and protect the business interests of the Company. This is the first part of a two-part series wherein we discuss about the legality of the restrictive covenants under the Employment Contracts. This article aims to ascertain the legal validity of such restrictive clauses.
BREACH OF EMPLOYMENT CONTRACTS & NECESSARY SAFEGUARDS FOR EMPLOYERS
The breach of contract occurs when the obligations in the contract are not fulfilled. There are certain obligations provided in the obligation clause of employment contract which has to be fulfilled, if it is not it will lead to a breach of contract.
LEGAL POSITION OF ANTICIPATORY BREACH IN INDIA
Anticipatory breach or repudiation is a well-recognized concept in Indian courts and the law on it is fairly well settled. In instances of an anticipatory breach, it is at the discretion of the injured party being notified of the breach as to whether it wants to put an end to the contract or keep it alive for its benefit.
SEBI Cancels Karvy’s Registration- Laws and Impact
On May 31, 2023, the Securities and Exchange Board of India (SEBI) cancelled the Certificate of Registration of Karvy Stock Broking Limited (KSBL/ Company). This was a major blow to the Company, one of India’s leading stockbrokers, with over 2 million clients. This article analyses SEBI’s move, the Company’s acts and the laws surrounding the same. Further, it highlights the impact of this decision on investors.
Legal Framework of Tag Along and Drag Along Rights in India
This article aims to explore the concept of drag-along and tag-along rights in India, examining their advantages, disadvantages, and legal implications. By shedding light on these rights, businesses and legal practitioners can better navigate the complexities of shareholder agreements and ensure alignment with Indian laws.
PAYTM: RBI CLASSIFICATION & REGULATION
With Paytm IPO around the corner, we try to answer as to how Paytm’s operations in India classified and regulated..
ESOPs: TREATMENT OF VESTED AND UNVESTED ESOPs UPON LIQUIDATION
We do a deep dive into the manner of treatment of unvested Employee Stock Options in addition to vested and..