Corporate and Commercial

Franchise agreements in India have become a cornerstone of the rapidly expanding franchising sector, allowing both local and international brands to grow their presence with minimized risk. Central to this business model is the franchise agreement, a legally binding contract that outlines the relationship between the franchisor and franchisee. Understanding franchise agreements in India is […]

FMCG (Fast-Moving Consumer Goods) distribution agreements are pivotal in the consumer goods sector, ensuring that products move efficiently from manufacturers to end consumers. These agreements lay down the framework for the legal and operational relationship between manufacturers and distributors, detailing the terms under which products are marketed, sold, and distributed. Given the high volume and

In the fast-moving consumer goods (FMCG) sector, FMCG distribution agreements play a crucial role in ensuring that products reach the market efficiently and effectively. These agreements define the terms under which a distributor will handle the products, the obligations of each party and the parameters within which they operate.  Distribution agreements are vital for setting

What is the significance of legal due diligence in mergers and acquisitions? Legal due diligence is a critical examination that occurs to ensure that a potential investment is sound from a legal perspective. It involves a thorough review of all the legal aspects of a business before finalising a transaction. The primary goal is to

Transferring shares in a Private Limited Company is a common yet intricate process. Ensuring compliance with the legal share transfer procedures is vital to maintain corporate integrity and avoid legal pitfalls.  The legal framework governing share transfers includes the Companies Act, 2013, the Indian Stamp Act, 1899, and state-specific regulations. Understanding these laws and adhering

Background and Order By way of its order dated May 28, 2024, the Registrar of Companies (“RoC”) has imposed a penalty on India Containers Limited (“ICL”) and its directors for a total amount of approximately INR 3,00,000 on account of non-filing of annual return under Section 92 of the Companies Act, 2013 (“Act”). Under Section

What is the double taxation agreement between India and UAE? The India UAE Double Taxation Agreement (DTAA) is a treaty designed to mitigate the risk of income being taxed twice, once in India and once in the United Arab Emirates. This agreement, officially known as the Double Taxation Avoidance Agreement, aims to foster economic cooperation,

How do you resolve conflict between directors and shareholders? Resolving shareholder disputes is crucial for maintaining the stability and growth of any company. Disputes can arise from various issues, including disagreements on management, financial policies or breaches of shareholder agreements. Effective management of these conflicts requires a thorough understanding of the legal framework, a clear

What are the key points of a shareholder agreement? In corporate governance, a well-drafted shareholder agreement is indispensable for ensuring smooth operations among shareholders. This legal document outlines critical aspects such as ownership structures, decision-making protocols, dividend distribution and procedures for share transfers. By clearly defining these elements, the agreement helps prevent disputes and provides

What is the importance of the Memorandum of Association (MoA)? The MoA is a fundamental legal document that lays down the essential framework for the establishment and operation of a company in India. Under the Companies Act, 2013, the MoA serves as the company’s charter, delineating its scope of activities, objectives and its relationship with