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Hire Purchase Agreement - Legal Service Provider In India. What is Hire Purchase Agreement?
A hire purchase agreement is an agreement of hire with an option to purchase available at the disposal. The user makes a downpayment during the purchase, and the outstanding balance will be paid in instalments with an interest charge. Mostly, Indian people used concept mortgage, which is similar to the hire purchase agreement. In both cases, the ownership of the purchased goods will be transferred to the lender until the borrower pays off the whole debt. A hire purchase agreement is usually executed between one company and another party usually knows as a “hirer”.
The hire purchase agreement to be writing and signed by parties: ● Every hire purchase agreement shall be in writing form. ● And signed by all parties related to this deal. ● If there is a contract of guarantee, then this agreement shall be signed by surety also. Importance of ISI Mark Certification for Consumer and Manufacturers- Lawdocs. Get the standards of India.
Basically, the Indian Standards Institute is the mark of product testing.Bureau of Indian Standards (BIS) plays a very important role to maintain the quality and genuineness of products. It is mandatory for some products such as many electrical appliances, LPG cylinders, etc, and optional for many other categories of products. Tips To Make Your Business ISO Certified. Get international recognition.
Enhance reputation. Get certification for quality, safety & efficiency What is ISO? A Complete Guide To Hallmark Registration Process -Lawdocs. What is Hallmark : A hallmark is an official mark or any mark that indicates purity, good quality, genuineness.
It usually marks in gold or silver articles to distinguishing features or characteristics of the brand. It is a Portfolio of businesses. Here In this blog, we have provided detailed Information about hallmark registration and process. Hallmark Registration Procedure Apply, verify and get the Hallmark Certification. Free labour contact template-Lawdocs - Gifyu. Law Docs's answer to What is an affidavit and how do I get it? - Quora.
Make Collaboration and Joint Venture Agreement - Gifyu. Hardware transactions Write contract. Law Docs - A Software Agreement is executed between the Software... Law Docs's answer to Which company provide Online For Partnership Registration? - Quora. Law Docs's answer to Can I apply for an MSME registration online? - Quora. Free Lawyers Empanelment. Gst Registration online - Gifyu. Law Docs's answer to How do I get free legal advice in India? - Quora. Create Rent Agreement online : lawdocs51. Law Docs's answer to What is the procedure to open a trust or NGO in India? - Quora. Rent Regulation & Guide in India - Right to Rent Legally - Law Docs. Law Docs's answer to What is the procedure to create a rent agreement in banglore? - Quora.
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ISI Certification Online In India. Internal Audit Definiation - Benefits & Procedure - Law Docs. Audit Certification. Everything that you need to know about Provident Fund (PF) Registration. Best Online Accounting Services. Easiest for E-Filing Income tax Returns Online. Goods and Services Tax (GST) Companies And OPC Annual Filings. Annual General Meeting must be conducted within the stipulated timelines.
However, if it is not conducted within the stipulated time frame, for the special reason, Registrar of companies may provide an extension for a period not exceeding three months, which can be applied before the last date for holding the AGM. According to section 97 of Companies Act, 2013, if any default is made in holding the AGM of a company U/S 96, the Tribunal may, notwithstanding anything contained in this Act or Articles of Association of company, on the application of any member of company may call or direct the company to call Annual General Meeting of the company. Benefits, Document Required, Procedure. Cybersecurity and Data Protection Bill 2019 - Law Docs. The Personal Data Protection Bill, 2019 was introduced in Lok Sabha by the Minister of Electronics and Information Technology, Mr.
Ravi Shankar Prasad, on December 11, 2019. The Bill seeks to provide for protection of personal data of individuals, and establishes a Data Protection Authority for the same. The Bill broadly provides the following: \Applicability- shall apply to government, (ii) companies incorporated in India, and (iii) foreign companies dealing with personal data of individuals in IndiaObligations of data fiduciary: A data fiduciary is an entity or individual who decides the means and purpose of processing personal data. Such processing will be subject to certain purpose, collection and storage limitations.
Compromise Deed - Lawdocs.in. There are various instances wherein to put an end to a dispute the parties in dispute choose to resort to alternate dispute resolution mechanisms such as arbitration, conciliation or mediation etc.
The objective of the parties to choose alternate means to resolve disputes arises out of the need to save the time, money and other resources among other reasons. Hire Purchase Agreement - Lawdocs - Medium. Information Technology - Lawdocs.in. Information Technology Laws (Amendment) Bill, 2020 The Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 was introduced in Lok Sabha by the Minister of Human Resource Development, Mr.
Ramesh Pokhriyal ‘Nishank’ on March 4, 2020. The Bill amends Indian Institutes of Information Technology Act, 2014 and the Indian Institutes of Information Technology (Public-Private Partnership) Act, 2017.The Indian Institutes of Information Technology (Public-Private Partnership) Act, 2017 declares certain Indian Institutes of Information Technology established under Public-Private Partnership mode as institutions of national importance. Under the Act, 15 institutes are currently incorporated as institutions of national importance. Promissory Note - Lawdocs.in. A promissory note is an instrument in writing which is not of the nature of a bank note or a currency note.
The promissory note contains an unconditional undertaking signed by the maker to pay a certain sum of money which is restricted only to the bearer of the said note. The provisions governing the issuance of promissory note are laid down in the Negotiable Instruments Act, more particularly under the Section 4 of the Act. A promissory note may be of various categories however it is not necessary that all these categories shall be categorized as negotiable instruments. It depends on the clauses and terms and conditions laid down under the note itself. However, by the very fact it may be relevant to note that the same does not change and tamper with the nature of the document. Apart from the Negotiable Instruments Act, other legislations that include the list are Insurance Act, 1938, SARFAESI, Reserve Bank of India Act, 1934, Payment and Settlement Systems Act, 1934 etc. Website Agreements - Lawdocs.in. Website is significant for all business organization as the same provides a basic information with respect to the business organization in terms of their product, service and other information that shall be useful for the user.
However before launching such a website it is very important to ensure that the website is legally complaint i.e. the website is violating any laws, so as to protect the organization from any unnecessary litigation. Generally, the following contracts are inter alia executed for development of a website: Website Development AgreementWebsite Maintenance AgreementWebsite Design Agreement. Takeover - Lawdocs.in. SEBI has time and again amended its takeover regulations, recently in Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2020, where certain provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 were amended.
In 2020, various other developments have taken place which are discussed further. Relaxations relating to procedural matters – Takeovers and Buy-back. Maintenance - Lawdocs.in. A Supreme Court bench of Justices Ashok Bhushan, R. Subhash Reddy and M.R. Shah recently held, an unmarried Hindu daughter is entitled to claim maintenance from her father till the time she is married, given that she has to plead and prove that she is not able to maintain herself. Goverment of India - Law Docs. Companies Act, 2013 has been amended time and again to keep up with the dynamics of capital markets.
This article discusses some of the major amendments and developments in the law. 2019 Amendment The Ministry of Corporate Affairs (the MCA) in the month of January & February 2019 issued the following amendments notification under the Companies Act 2013 (the Act): “a. Changes in Companies (Significant Beneficial Owners) Rules 2018 to identify individuals/entities having significant control over the affairs of a company b. C. D. Content Restrictions In The Indian Broadcasting And Cable Sector. The Indian Media & Entertainment Industry has made significant contributions to the economy, where it is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 13.5per cent during the period of 2019-24 to reach around Rs 3.1 lakh crore (US$ 43.93 million) by 2024. The necessity for regulating content arose as the unique audio-visual impact in broadcasting turned out to be a powerful medium of communication.
It was able to illicit thoughts and passions. Professional Tax : Slab, Rates & Applicability in India. Professional tax is a tax that is imposed by the State government on all salaried individuals. Professional tax is applicable to all working professionals like chartered accountants, lawyers, and doctors. It is levied based on the individual’s employment, trade or profession. The tax rates differ across all states; however, the maximum amount that can be levied as Professional tax is Rs. 2,500 per annum. Benefits A confirmed professional, legally. TDS: All about Tax Deducted at Source (TDS) The Absurdity of Consent in Custody: An Overview on Custodial Rape. The Police force in a state is tasked with the significant duty to enforce law and maintain public order owing to which they are conferred with enormous powers, including those that can deprive a citizen’s personal liberty.
However, this does lead to the question of who will watch the watchmen for it is trite that power corrupts. Amendments to Companies Act 2013 in light of the Covid-19 Outbreak. Guidelines For Job Work Activity Under Gst - Lawdocs.in. Definition. Analysis of The Foreign Exchange Management (Non-debt Instrument) Data Localisation Vis-à-vis Data Privacy. Data localization or data residency law requires data about a nations’ citizens or residents be collected, processed, and/or stored inside the country, often before being transferred internationally, and usually transferred only after meeting local privacy or data protection laws, such as giving the user notice of how the information will be used and obtaining their consent. Data localisation is essentially a new concept and has not been described thoroughly. While many countries do have data localisation requirements imbibed in their statutes, they still do not have specific legislations for data localisation.
While Data Protection has seen a significant growth in the last decade, data localisation is relatively a new concept. While some countries have a conditional localisation mandate, India, imposes data transfer restrictions through guidelines or regulations in specific sectors, such as Capital Markets. Since its inception, facebook has promised to follow data privacy norms. Squeeze Out Provisions Applicable To Minority Shareholders-A Perspactive. The Ministry of Corporate Affairs vide its notification S.O. 525(E) dated 3rd February, 2020 notified sub-clause 11 and 12 of Section 230 of the Companies Act, 2013 and amended the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 (hereinafter referred to as “Notification”).
Amendments in Sebi (Prohibition of Insider Trading) Regulation. Product Liability(Consumer Protection Act, 2019) – Lawdocs.in. IP Protection of AI Generated work in India – Lawdocs.in. Change in the existing legal framework of intellectual property does not match the pace with which technological advancements are being made. Banking Sector – Lawdocs.in. E-commerce – Lawdocs.in.
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Mergers and Acquisitions. Difference Between a Distributorship, Franchise And License Agreement.