Joint Venture or Partnership? Understanding the difference

Definition of Joint Venture A business arrangement in which two or more parties come together to collaborate and undertake a particular business project or venture is called a Joint Venture. In such a business arrangement, every party involved contributes resources such as capital, specialization, technology and much more to the venture and takes part in …

Contract Drafting for Non-Lawyers: Simplifying Legal Language

Contract drafting through the spheres of verbal assurances given by the parties to one another is just the rapport made in plain English which cannot be considered a legal agreement in the eyes of the law. Moreover, considering a verbal agreement, the parties’ intention to enter an agreement cannot be concluded. Whereas, contract drafting through …

Benefits of a Professionally Drafted Contract

A contract is a legal agreement that outlines the terms and conditions of a transaction or relationship between two or more parties. Whether you’re buying a product or service, hiring an employee, or entering into a partnership, a contract is an essential tool for protecting your interests and ensuring that all parties are on the …

Transform your organization by following the POSH Policy

POSH Policy – An Overview: A POSH Policy is used to inform employees and other staff members of the POSH Act (The Sexual Harassment of Women at Workplace, Act 2013). The goal of this Policy is to provide every employee with a safe and secure workplace that is free of sexual harassment. The policy applies …

Intellectual Property Protection: Ways to Safeguard Your Ideas

Intellectual Property Protection As the name suggests, Intellectual Property Protection protects your mental creations or ideas like inventions, writings, art, symbols, and pictures. You can secure your intellectual property rights by using legal tools like patents, trademarks, copyrights, and trade secrets. This stops others from taking or misusing your work, and lets you keep control …