By capping of liability, we mean stipulating a limit to the financial damages payable by a party to the contract, in the event of a breach. Commercial agreements of the current period have become very much advanced with various protective clauses, and one such clause is the “Liability Cap clause”.
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.
Reviewed and Validated by: Srijan Jha, Associate Introduction – Void Agreements There are some underwhelming agreements. Some become the basis of..
In what can be termed an opportune moment for the capital market investors, the Finance Minister Nirmala Sitharaman recently proposed the merging of four laws that govern capital markets as well as Securities. These Acts include the Securities and Exchange Board of India Act, 1992 (“SEBI Act”), the Depositories Act, 1996 (“Depositories Act”), the Securities Contracts (Regulation) Act, 1956 (“SCRA”) and the Government Securities Act, 2007 (“GSA”). These laws have been aimed to be consolidated into a unified securities market Code.
Reviewed and Validated by: Jefrin Johny, Associate With Paytm IPO around the corner, we try to answer as to how Paytm’s..
Reviewed and Validated by: Jefrin Johny, Associate We do a deep dive into the manner of treatment of unvested Employee Stock..
Reviewed and Validated by: Aamna Munaima Associate Introduction In what can be termed an opportune moment for the capital market investors,..
Reviewed and Validated by: Shubham Dwivedi, Associate This is the last part of our three-part series on White-collar crimes in India..
Reviewed and Validated by: Shubham Dwivedi, Associate Introduction This is the first part of the three-part series where we discuss White-collar..
Reviewed and Validated by: Naman, Associate The Rights and duties of partners with each other and with respect to the firm..