Any member of a company can approaches to the NCLT if member has a ground that the affairs of the company are being conducted in a manner i.e. is prejudicial to the interest of the Company or oppressive to the interest of any member or his interest. Even if the member has a ground that … Continue reading How Members Can Approach NCLT for the Company’s Mismanagement or oppression
DECODING THE TERM SHEET
TERM SHEET A term sheet is the initial document i.e. signed between the investors and startup. Term sheet itself is not legally binding document but many time this document is exchanged with the confidentiality and related agreements. Although Term sheet may not be legally binding but it is like an architect plan which set forth … Continue reading DECODING THE TERM SHEET
Understanding Promoter Lock-In: Importance for Investors
PROMOTER LOCK-IN Promoter or Founder Lock-In is a standard clause in most Shareholder Agreements that prohibits the promoter/founder group to sell their shares to anyone without the prior written consent of the Investor. WHY DO INVESTORS INSIST FOR A PROMOTER LOCK-IN? Retain Skin in the game (SITG): Promoters have the maximum stake/SITG in their company. … Continue reading Understanding Promoter Lock-In: Importance for Investors
Understanding the Role of a Book Lead Runner in IPOs
WHO IS BOOK LEAD RUNNER? A Book Running Lead Manager, also known as a Book Lead Runner, is one of the most important threads in the Initial Public Offering process. It leads a company into becoming listed on the public list by supporting it in its transformation. The BRLM is essentially the primary coordinator and … Continue reading Understanding the Role of a Book Lead Runner in IPOs
Red Herring Prospectus: Laws and Disclosure Requirements
A red herring prospectus is a preliminary prospectus filed by a company with regulatory bodies like the Securities and Exchange Commission (SEC) or the Securities Exchange Board of India (SEBI), typically in connection with an initial public offering (IPO). It includes most details about the company's operations and prospects but omits critical information such as … Continue reading Red Herring Prospectus: Laws and Disclosure Requirements
“Protecting Virtual Worlds: Navigating Patent in the eGaming Industry”
Part 3- Patent Protection and Contractual Relationships In the last part of this trail, we delve into the third IP right, patents and conclude the series with one of the most important contractual agreements that take place in eGaming industry, contracts between developers and publishers, and their essential elements. Essentially, a patent is a legal … Continue reading “Protecting Virtual Worlds: Navigating Patent in the eGaming Industry”
“Protecting Virtual Worlds: Navigating Intellectual Property in the eGaming Industry”
Part 1- Introduction and Copyright The eGaming Industry has emerged as one of the most dynamic and prosperous sectors globally. From its humble beginnings as a niche leisure activity, the industry has evolved into a million-dollar industry, captivating millions of players worldwide and attracting significant investment. In 2022, the worldwide gaming market generated nearly 347 … Continue reading “Protecting Virtual Worlds: Navigating Intellectual Property in the eGaming Industry”
Admissibility of Electronic Records: Bharatiya Sakshya Sanhita vs IPC
Introduction With the implementation of the new Criminal Laws, the landscape of criminal litigation will change, both in practice and theory. The three constituents of Criminal Law namely, Bharatiya Nagarik Suraksha Sanhita, Bharatiya Nyaya Sanhita, and Bharatiya Sakshya Sanhita have been devised to acknowledge and accommodate the contemporary needs and situations. Former Laws dating back … Continue reading Admissibility of Electronic Records: Bharatiya Sakshya Sanhita vs IPC
“Safeguarding Cinematic Creations: Comprehensive Guide to Copyright Protection for Films in India”
What is a Copyright? Copyright protects the right of creators of literary, dramatic, musical and artistic works and producers of cinematography films and sound recordings. It gives the rights including, inter alias, rights of reproduction, communication to the public, adaptation and translation of the work. Copyright ensures certain minimum safeguards of the rights of authors … Continue reading “Safeguarding Cinematic Creations: Comprehensive Guide to Copyright Protection for Films in India”
A Comprehensive Guide to FSSAI Food Safety Rules and Regulations in India
Food safety is essential for public health. The Food Safety and Standards Authority of India (FSSAI) plays a crucial role in ensuring safe and wholesome food for all Indians. FSSAI develops regulations and guidelines for food businesses to adhere to high standards of food safety and quality. This article aims to provide a comprehensive guide … Continue reading A Comprehensive Guide to FSSAI Food Safety Rules and Regulations in India
DUCTUS EDGE 