Tag : #Legal
Bhavpreet Singh Soni Nov 25, 2020 0 69
A Public-Private Partnership, known as (PPP), is a collaboration between a government agency and a private entity. This partnership can be formed for a term-to-term or project base period. One of the examples could be the Metro Rail project agreement, where the state government of Telangana signed a PPP Agreement with Larsen and Turbo for the construction of the Hyderabad metro rail. Any effective Public-Private Partnership requires an ironclad agreement, which both the parties must agree upon and duly sign.
Bhavpreet Singh Soni Nov 23, 2020 0 60
An LLP Agreement (Limited Liability Partnership) is a written agreement between the partners or between the LLP and its partners. It specifies the duties and responsibilities of the partners towards each other as well towards the firm upon LLP registration. An LLP agreement states a contract based flexibility to the partners to meet their needs and requirements as compared to an incorporated business as most of its procedures are made as per the clauses of the Companies act. It is mandatory to make and process the LLP agreement within 30 days of the making of LLP. It states the role, duties, and powers of the partners to LLP and each other. Therefore, it creates framework for better making of LLP.
whenever a small or large organization is conducting a workshop with a consultancy in most cases it will be contractual work. The contract should express all the duties and responsibilities of the parties involved. So, the work so done in collaboration with consultancy can’t exist without any contract or agreement with the consultancy agency. The said agreement sets a guideline for the works to be followed by the consultancy based on clients' needs and demands. Consultants are often used by various firms for one-time or ongoing projects.
Originality in work works as a “sine qua non” of the copyrighted work. Copyright is the right acquired by a person for a work which is a result of “Intellectual Labour”. A copyright owner is granted an exclusive right of restricting anyone else from copying, reproducing, publishing or selling any of the work created by him for a specific period of time without his permission.
Founders Agreement, though not compulsory is an essential element for every startup. It is a document made between two or more persons who want to set up a business. Every startup is planned only when a number of people come together who have certain skill sets, networks, or qualities that combine to form a common vision of the startup. These people are the co-founders of the startup and to maintain the common vision, they need to be in the harmony.
Bhavpreet Singh Soni Nov 15, 2020 0 44
A secondment agreement is generally used when an individual is deported to some other country for some time and his salary is paid by the country where he is sent to. The said employee works under the control and authority of the other company. However, he is still employed in the home country as his social security part is given by the company in his home country.
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