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Shareholders are the real owners of an organization. An agreement between the organization and shareholders specifying the rights and duties is known as the Shareholder Agreement. This write-up shall discuss the important clauses under the Shareholder Agreement in detail. What is the Legal Significance of Shareholder’s Agreement? A shareholder agreement serves as a legal instrument […]
Contract labour Act seeks to regulate the hiring and operation of contract labour in certain establishments and provides for its closure in specific scenarios and affairs connected therewith. The write-up aims to shed some light on different facets of this Act, such as applicability, norms, registration, contractor’s obligations, etc. Applicability of Contract Labour Act Contract […]
Selecting a viable legal structure is key to long-term business success. Every entity in India should be registered under the governing legislation. For this purpose, every entity must comprehend its options and have a legally-viable structure that exists in the status quo. One must choose an ideal legal structure perfectly aligned with the business goals […]
A drug license is not one of those licenses that are easy to come by. It is among the few licenses that attract countless norms and legalities in order to come to effect. The same is also true for the Wholesale drug license renewal process. In this write-up, we shall be discussing the Wholesale drug […]
A trade license refers to a legal document that is mandatory for commencing any trade or business in a given region or a location. Businesses present within the state or municipality should get this license from the concerned department of the respective Municipal Corporation. Since a trade license is granted on a state-wise basis, it […]
FSMS, i.e. Food Safety Management System plan, refers to a set of standards intended to control food safety aspects. Many international standard such as ISO 22000, HACCP, FSSC 22000, etc are presently being referred for Food safety management. But, these are referred to as voluntary certifications. FSMS, as defined in the FSS Act, 2006, implies […]
A trade license is granted by the health department of the concerned municipal corporation against the prescribed application and fee. Conducting business without this license is not permissible under the law. This write-up shall look into the procedure for securing a Trade license in Tamil Nadu. An overview of the Trade license and Shop Act […]
The grant of trade license in Kerala is in the hand of the concerned department of the Municipal Corporation. Trade license holders are liable to follow stipulated rules and safety guidelines. The said license aims to protect the interest of the citizen and curb illicit trade activities. In this write-up, we shall unveil the legalities […]
A food license in Bangalore is mandatory for food businesses running in Bangalore. FSSAI is a prime regulator of food businesses operating across the country. The said authority formulates and implements provisions as per the Food Safety and Standard Act, 2006. The Act seeks to govern every aspect of the food supply chain, such as […]
A tyre pyrolysis plant is a setup that is used to process used or old tires and convert them into productive end-products such as Steel wire, carbon black, and pyrolysis oil. The demand for these products is increasing and is likely to thrive even further in the coming years. A tyre pyrolysis plant serves as […]
There are many good reasons for the present global platform to focus on social, environmental, and cultural issues. Not just specific companies and organizations, apart from having profit as their primary aim, are also involved in initiatives that encourage economic, social, and environmental development and growth. The world is collaborating to promote these initiatives, and […]
Are you looking to step into the business of a private security agency in Kerala? If so, then you have landed on the right page. This blog comprises every possible detail about PSARA license Kerala. The PSARA license acts as legal consent for opening a private security agency anywhere in India. The provisions regarding this […]
Prominent organizations that work for social causes need consistent funds to fuel their social campaigns. To serve this purpose, they often receive overseas funds via different modes, including wire transfers. This lays the ground for the illicit trade as well since most of these transactions remain undercover and seek minimal approval. The Foreign Contribution Regulation […]
Employees State Insurance Corporation is a government-backed institution that falls under ESI Act, 1948. It is liable for the management of the ESI scheme. The ESI scheme refers to a worker welfare scheme that safeguards employees against financial crises arising out of medical conditions or death. The ESIC is headquartered in New Delhi. Besides, it […]