Employment and Labour

Navigating Offer Letters and Employment Agreements for Startups

Navigating Offer Letter & Employment Agreements for Startups

By / Employment and Labour, Start-Ups / June 13, 2024

Any startup be it fintech, cleantech, mobile, software, hardware, IT, food, health, etc. will need to invest time and effort into drafting and executing multiple legal documents with their employees such as Non-Disclosure Agreements, Offer letter, Employment Agreement, etc. A well drafted document will capture the existing understanding between the parties and will help in mitigating …

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MOONLIGHTING_ A RECOGNIZED CONCEPT UNDER THE INDIAN SERVICE SECTOR

MOONLIGHTING: A RECOGNIZED CONCEPT UNDER THE INDIAN SERVICE SECTOR

By / Employment and Labour / January 30, 2024

moonlighting laws in india Moonlighting is becoming increasingly common in the Indian service sector as employees look to supplement their salaries with part-time jobs or business ventures outside of their primary full-time employment. This practice has raised ethical and legal concerns, with some companies taking a hard-line approach to moonlighting while others are more liberal …

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understanding e-contracts in india types, validity & enforceability

E-Contract and Its Types: Its Validity and Enforceability Under Indian Laws

By / Employment and Labour / May 9, 2024

What is an E-Contract and are they Valid? These are the questions that pop into our minds when being offered an e-contract to execute. E-contracts are legally binding agreements that are formed and executed electronically. They are similar to traditional contracts but are executed, offered and accepted via electronic forms. In India, the legality and …

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ESOP_ An Incentive Tool For Start-Up Founders In India

ESOP: An Incentive Tool for Start-Up Founders in India

By / Employment and Labour, Start-Ups / January 30, 2024

One of the most complex challenges for start-up founders in India is hiring and maintaining competent employees. Competition for top talent is high in a thriving start-up ecosystem. To solve this, many entrepreneurs adopt Employee Stock Ownership Plans (“ESOPs”) as a tool for attracting and retaining key personnel. In this post, we will look at …

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Regulating Work From Home In Special Economic Zones

Regulating work from home in special economic zones

By / Employment and Labour / January 16, 2024

The Ministry of Commerce and Industry has issued the Special Economic Zones (Third Amendment) Rules, 2022 (“Amendment”) which provides new provisions in relation to work from home. Prior to the Amendment, the removal of assets from a Special Economic Zone (“SEZ”) such as laptops, video projection system(s) and documents required special permission from the development …

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