Skip to main content

DISCLAIMER

  

NOTE: WE ARE AN INDEPENDENT LAW FIRM FORMED IN INDIA (BHARAT) AND WE ARE NO WAY RELATED / CONNECTED / DEPENDENT / ASSOCIATED / AFFILIATED TO LEXISNEXIS OR ITS PARENT COMPANY OR ANY OTHER SIMILAR COMPANY WHATSOEVER.

Our Client’s is our first priority and we pledge to maintain the best market practices and most ethical professional services in compliance with BAR COUNCIL OF INDIA guidelines.
As per the norms set by the Bar Council of India, law firms are not authorized to solicit work and publicize. All the information, publications and legal commentary provided on lexisandcompany.com is for illustrative purposes only and should not be regarded or relied upon as legal advice. While the content provided is accurate as at the date of first publication, it is updated frequently when laws and regulations change. The site clearly states it is not intended to be a source of advertising or solicitation, nor is it an invitation for a lawyer-client relationship, and transmission, receipt or use of the site does not constitute or create a lawyer-client relationship.

By using this website or our services and retrieving information from the website, the user accepts that he/she is doing it out of free will and any reliance on the information contained on lexisandcompany.com is solely at the user’s own risk. Specific legal advice should always be obtained before acting upon any information or commentary provided on the site. Further, the recipients of content from the site should not act, or refrain from acting, based upon any or all of the contents on the site.

Email me at lexisandcompany@gmail.com

or Call us at +91-9051112233.

Comments

Popular posts from this blog

Is a Verbal Agreement Legally Binding in India?

Is a Verbal Agreement Legally Binding in India? πŸ—£️πŸ“œ⚖️ #VerbalContract #IndianLaw #LegalBinding Imagine this: You shake hands on a business deal , the other party agrees, but later they deny the whole conversation! 😑 Can a verbal agreement hold up in court? πŸ€”πŸ›️ The Answer: YES, But It’s Complicated! ✅❌ Under the Indian Contract Act, 1872 , verbal agreements can be legally binding , but proving them in court is difficult. πŸ“‘⚖️ #ContractLaw #BusinessDeals When Is a Verbal Agreement Legally Valid? ✅πŸ“œ ✔️ If Both Parties Clearly Agree – Courts may enforce it if it can be proven that both sides agreed. 🀝✅ ✔️ If It Follows Contract Law Principles – Offer, acceptance, consideration, and intent to create a legal relationship must exist. πŸ“œ⚖️ ✔️ If There’s Strong Proof – Witnesses, emails, recordings, or past conduct can support the claim. πŸŽ™️πŸ“§πŸ“‘ ✔️ If It’s Not in Violation of Any Law – An illegal or vague verbal contract is unenforceable. 🚫⚖️ #LegalProof #VerbalContracts Wh...

Can a Startup Operate Without Registering the Business?

  Can a Startup Operate Without Registering the Business? πŸš€πŸ’πŸ“œ πŸš€ Question: "I have a startup idea and started operating without registering the business. Is it legal? What are the risks?" πŸ€”πŸ’‘πŸ“‘ πŸ” Answer: Technically, YES! 🀯 You can operate a business as an unregistered entity , but it comes with major legal and financial risks! 🚨⚖️ #StartupLaw #BusinessRegistration #Entrepreneurship πŸ”Ή What Happens If You Don’t Register Your Business? 🚫🏒 πŸ”Ή ❌ No Legal Recognition! – Your startup won’t have a separate legal identity , making it difficult to enter contracts . πŸ“œ⚖️ #LegalProtection #CompanyLaw ❌ No Tax Benefits! – Unregistered businesses miss out on tax deductions, GST benefits, and government incentives . πŸ’ΈπŸš€ #StartupTax #GSTRegistration ❌ Difficulty Raising Funds! – Investors and banks won't fund an unregistered business due to legal uncertainty! πŸ“‰πŸ’° #StartupFunding #VentureCapital ❌ Personal Liability! – If your business faces a lawsuit or debt , YO...

Is a Verbal Agreement Legally Binding in India?

  Is a Verbal Agreement Legally Binding in India? πŸ—£️πŸ“œπŸ’Ό πŸš€ Question: "I made a business deal over a handshake and a verbal promise. Now the other party is backing out. Can I enforce this agreement in court?" πŸ€”πŸ’ΌπŸ“‘ πŸ” Answer: YES, BUT IT’S COMPLICATED! ⚖️πŸ“œ A verbal agreement can be legally valid , but proving it in court is a different story! 🚨 #VerbalContract #ContractLaw #LegalBinding πŸ”Ή When Is a Verbal Agreement Enforceable? ✅πŸ“œ πŸ”Ή ✔️ All Essential Contract Elements Exist! – A contract (even verbal) is valid if it has: πŸ”Ή Offer & Acceptance 🀝 πŸ”Ή Consideration (Money, Services, etc.) πŸ’° πŸ”Ή Intention to Create Legal Relations ⚖️ πŸ”Ή Free Consent (No Fraud/Coercion) πŸ›️ #IndianContractAct #LegalObligations #BusinessDeals ✔️ Supported by Actions or Proof! – If one party has already started acting on the agreement, courts may enforce it. πŸ”πŸ“œ ✔️ Witnesses or Recorded Communication! – If there are witnesses, emails, messages, or recordings , it strengthens you...