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Showing posts from February, 2023

Labour Law Compliances for Start-ups

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Let’s understand labour law compliances for start-ups from a renowned corporate dispute lawyer in Gurgaon . Starting a start-up is not easy. Entrepreneurs experience difficulty in arranging seed capital to make optimized use of factors of production. Although factors of production differ in each organization or start-up, labour is one constant factor that exists in most organizations. In this blog, you will find significant legal information regarding labour law compliances. Which Companies are Eligible for Startup Scheme? It is necessary to understand which type of companies will fall under the start-up framework. The types of companies eligible for the startup framework are as below: ●    Companies as a Pvt. Ltd or LLP and /or a registered firm. ●    A company that has a turnover less than INR 100 Crore in any of the preceding financial years. ●    Companies with 10 years from the date of incorporation. ●    an entity that is...

Legal Procedure to Recover Advance or Deposit From Builders

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“LAWYERS HAVE THE ABILITY TO CHANGE INJUSTICE TO JUSTICE AND WEAKNESS INTO A STRENGTH”. We at Legal Eagles Eye are the best property law firms in Gurgaon & property lawyers in Gurgaon , with the right acumen and past experience has helped our clients in all property-related transactions. Our experts have a deep insight into all aspects of property law transactions. The advance payments or deposits reflect the contractual relationship between buyer and seller regarding the transfer of immovable property. This amount is part of the purchase money, whereas the balance payment is promised to pay on a future date. LEGAL RIGHTS OF PROSPECTIVE BUYER According to section 55(6)(b) of the Transfer of Property Act of 1882, a prospective buyer has the right to charge on the property the seller or anyone claiming it under him, for the amount of purchase money (advance deposit) he paid as part of the sale agreement. So, if the buyer hasn't broken any of the contract's terms, he has ever...