Risks are inherent in all kind of businesses and a business without risk is nearer to impossible. Comprehensive disclaimer/s can go a long way towards mitigating and reducing those risks and helps in safeguarding your investment & efforts. The areas of risks you identify guides you through your choices of disclaimers to include & details to be incorporated therein. Why Disclaimers? Inclusion of appropriate disclaimers considering the business need and type of risks acts as an added layer of protection to safeguard the business. Disclaimers are important & integral part in ensuring your customers are aware of potential risks Continue Reading
Many entrepreneurs believe their organisation do not have anything worth protecting. Its biggest myth about intellectual property rights (IP) which needs to be changed. All companies have some IP worth identifying. IP is only for technology companies and large corporations its pure misconception. IP is created or existed in all type and size of businesses even smallest business who is creative and innovative because of their better and smarter ways of doing things owns the different forms of IPs. Equating patent with IP, it’s solely due to sheer lack of knowledge about IP and please be aware that Continue Reading
Businesses across the globe are regulated by different laws and regulations by govt. But business ideas are not governed by specific law or regulations protecting them is really challenging. Here idea means a concept that is there only in mind. Patent: Idea that only exists in mind is not patentable and disclosing idea in detail even loose the future patent protection. Copyright: It protects the expression and not idea thus unless business idea into fixed form like writing, photo or graphics is not protected under copyright law. Trademark: Trademark protection is available to goods or services that are distinguishable but Continue Reading
Evaluating which rules and regulations apply to an organization is daunting especially if its startup then even more. Often, organizations need to comply with multiple frameworks and regulations some of them may be overlapping or recurring. It is imperative to know what laws and regulations are applicable to your business from time to time & follow to be compliant. Businesses must also focus on building compliance culture and habits Businesses need to be cautious when it comes to compliances not doing so can jeopardize the business with legal suits, penalties and imprisonment. Which also has a potential impact on the funding as Continue Reading
In this data driven society, data is everywhere but it may lack reliability and accuracy. So digital citizens need to know the internet gives easy access to download and use free contract for your business. Which is really handy plus saves money instead of spending money for legal fees. Does it worth to use free contract templates? Reconsider before using free contract templates in view of the below drawbacks: Lack of Tailored Contractual Terms:Free template /form of commercial contract will not be tailored to your specific requirements. Contracts are useful if they clearly reflect intentions of the parties and considers Continue Reading
How-to-Protect-New-Business 1. Business Formation: Opting for limited liability form of business 2. IPRs: Identifying and protecting the IPRs 3. Compliance: Know which laws are appliable to you and comply 4. Data privacy & Protection:protect your business data as well as your clients data 5. Insurance: Cover business with insurance to protect assets and revenue, liabilities, and personnel 6. Contracts: Well defined written contracts prior transactions Six thumb rules to protect the new business Disclaimer: The information provided under this website is solely available for informational purposes only, should not be interpreted as soliciting or advertisement. We are not liable for Continue Reading
Once you decide to file complaint against the builder for delay or change in the approved plan or defect in construction and so on and so forth.  Very first step would be to know the property where is situated as each state has its rules and regulations for the RERA issues. For example if  property is in Karnataka then you can file complaint before the Karnataka RERA authority  and you can file complaint online using this link https://rera.karnataka.gov.in/and it directly take to the page of complaint filing  wherein on your right side corner you see the option of complaint registration Continue Reading
Every property project launched after May 2017 or major construction activity was done after May 2017 need to have delivery date which is either mentioned in Agreement entered into between Buyer and Purchaser or mentioned in the prospectus of the project. But Builder delivers the possession of the property whether commercial or residential beyond the date as promised or agreed then it is delay in possession. You can file complaint against the builder/ allotee / promoter with the concerned RERA Authority and ask for the refund with interest and cancel the purchase and get the compensation or claim compensation for Continue Reading
