A founder agreement in India is a legally binding contract between startup founders that records equity ownership, founder roles, vesting, intellectual property assignment, decision-making rights, founder exit, confidentiality, dispute resolution and consequences of misconduct or abandonment. It is generally governed by the Indian Contract Act, 1872, the Companies Act, 2013, the company’s Articles of Association...
Read MoreStartup legal compliance in India begins with choosing the correct business structure, completing incorporation, maintaining statutory registers, executing founder and shareholder agreements, protecting intellectual property, complying with tax and GST law, following labour and HR requirements, and ensuring data protection compliance. Startups seeking government recognition must also examine the DPIIT recognition framework, which was revised...
Read MoreFIR quashing in India is the legal remedy by which the High Court may terminate a criminal case at the threshold where the FIR or criminal proceeding is an abuse of process, does not disclose any cognizable offence, is legally barred, is manifestly mala fide, or where continuation of prosecution would defeat the ends of...
Read MoreRegular bail is a remedy sought by an accused person after arrest and while in custody. Under the Bharatiya Nagarik Suraksha Sanhita, 2023, regular bail in non-bailable offences is principally governed by Section 480 BNSS before courts other than the High Court and Court of Session, and by Section 483 BNSS before the High Court...
Read MoreAnticipatory bail, now governed by Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023, is a pre-arrest legal remedy available to a person who has reason to believe that he or she may be arrested for a non-bailable offence. The application lies before the Court of Session or the High Court. The court may grant...
Read MoreUse up and down arrow keys to resize the meta box pane. Bail law in India protects personal liberty by allowing an accused person to be released from custody during investigation, inquiry or trial, subject to conditions imposed by the court. After the new criminal laws came into force on 1 July 2024, the principal...
Read MoreDisability pension for Armed Forces personnel is payable where a disability is attributable to or aggravated by military service and is accepted in accordance with the applicable Pension Regulations and Entitlement Rules. It ordinarily consists of two components: service element and disability element. The Supreme Court has repeatedly held that, where no disease or disability...
Read MoreThe Armed Forces Tribunal is a specialised statutory forum for service disputes and court-martial appeals concerning Army, Navy and Air Force personnel. The Principal Bench of the Armed Forces Tribunal is situated at New Delhi and deals with matters including disability pension, service benefits, promotion, ACR disputes, disciplinary action and court-martial appeals. The AFT functions...
Read MoreA builder cannot mechanically forfeit the entire booking amount merely because the homebuyer cancels the booking. Under RERA, a promoter cannot accept more than 10% of the cost of the apartment, plot or building as advance payment without first entering into a written agreement for sale. In builder-buyer disputes, forfeiture must also satisfy the test...
Read MoreConfused between RERA and Consumer Commission? Learn which forum is better for delayed possession, refund, compensation and builder-buyer disputes.
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