Everything you should know about a Share Purchase Contract

An agreement known as a “Share Purchase Agreement” is made between a buyer and a seller of shares of a target firm. Typically, share purchase agreements state that the buyer will assume all or a large portion of the company’s undertakings. In this case, the purchaser would be assuming not only the company’s assets but …

Key Steps in the Contract Lifecycle Management Process

As a result, contract management needs to be extremely efficient and effective. It must first make sure that all contract parties are satisfied with the arrangements. Then, it must ensure that these business-related contractual connections not only endure but also are profitable, ensuring that the company reaps the greatest potential financial rewards from each and …

Plagiarism Policy: The Ways And Means To Use It

Plagiarism is a very old concept. In the digital era, it has increased. The cause of it is an excess of information availability. The majority of nations have severe laws against plagiarism. Not an exception is India. In India, plagiarism is not explicitly prohibited by law. However, the majority of the time it is covered …

Why contract management is critical to SOX Compliance?

The Sarbanes-Oxley Act, or SOX, was signed 20 years ago. After over 20 years, substantial financial and auditing standards for publicly traded firms have been established by this federal law, and for many businesses, compliance with SOX is not only required by law but also a smart move. Section 404 is one of the more …

What occurs after the expiration of the 99 years lease term for land?

There are two categories of residential or commercial property: freehold properties and leasehold properties. Unlike leasehold property, which is typically leased for 99 years starting from the time the property is built, freehold property is self-explanatory—it is “free from hold” of any authority other than the owner for an endless period. Leasing is one way …