Short, practical reads on data privacy, corporate law, real estate and the other areas we practise in, written by the Prospero Legal Services team.
Whether a delay or cost overrun on an EPC project stays with the contractor or shifts to the employer depends on what caused it and how the contract allocated that risk.
Read the article →Employers increasingly use bonds to protect their investment in training and skill development, but Section 27 of the Indian Contract Act limits what those bonds can actually restrain.
Read the article →SEBI's interim order against Jane Street raises a familiar tension: swift regulatory action to protect retail investors, against a global trading firm's right to a fair hearing before being barred from the market.
Read the article →After the June 2024 Jane Street controversy, SEBI overhauled how expiry day settlement works for index derivatives. Here is what changed, and what it means for traders.
Read the article →A valid will depends on more than good intentions. Here is what the Indian Succession Act, 1925 requires for a will to be enforceable, and when probate becomes necessary.
Read the article →Cross-border financial transactions sit at the intersection of FEMA, anti-money laundering rules and the differing tax regimes of multiple countries. Here is how the framework fits together, and where disputes tend to arise.
Read the article →An individual's name, voice, image and likeness carry real commercial value online. Here is how Indian law protects them, and what creators can do to enforce them.
Read the article →Winning an international arbitration is only half the battle. Whether that award can actually be enforced in India depends on the New York Convention and the principle of reciprocity.
Read the article →What the BIS draft e-commerce guidelines mean for online platforms, from KYC verification and transparent listings to data protection.
Read the article →What the DPDP Act means for anyone collecting or processing personal data in India, and what it means for the rest of us handing that data over.
Read the article →A founder's guide to the key terms in a shareholders agreement, from anti-dilution protection to exit clauses and drag-along rights.
Read the article →What private placements are, why companies use them, and the criteria that apply to a Qualified Institutional Placement.
Read the article →A Bombay High Court ruling that gives authorised signatories some relief from liability when a company cheque bounces.
Read the article →What amounts to a cheque bounce under the Negotiable Instruments Act, the complaint procedure, and the penalties that follow.
Read the article →A significant ruling in favour of cryptocurrency platforms, and what it could mean for how India eventually regulates crypto assets.
Read the article →What legal due diligence covers, how the process works, and why it protects investors and businesses alike.
Read the article →RBI's digital lending framework sets out how regulated entities and lending service providers must handle customer acquisition and recovery online.
Read the article →Why the RBI introduced a framework for green deposits, and what regulated entities need to do to comply.
Read the article →What debentures are, their key features, the different types issued by companies, and the rules that govern their issuance.
Read the article →How SEBI-notified reporting entities can use Aadhaar e-KYC authentication services under the PMLA.
Read the article →The essential clauses every employer should include in a POSH policy under the Sexual Harassment of Women at Workplace Act, 2013.
Read the article →What the Maternity Benefit Act requires of employers, and the clauses every maternity policy should include.
Read the article →The declarations, disclosures and penalties that apply to e-commerce entities under the Legal Metrology Act.
Read the article →The safety measures Maharashtra employers must take for women employees, including those working night shifts.
Read the article →What DeFi is, how it works on blockchain networks, and the legal and practical implications of decentralised lending.
Read the article →How Decentralised Autonomous Organisations operate on smart contracts, and the open legal questions around their enforceability.
Read the article →How blockchain and distributed ledger technology work, and their emerging legal implications.
Read the article →The legal basis for having a privacy policy under India's IT Act, and what a compliant privacy policy should cover.
Read the article →The key clauses every website's terms of use should cover, from acceptance of terms to intellectual property and disclaimers.
Read the article →How the Companies Act defines an Officer in Default, who is held liable for non-compliance, and what the case law says.
Read the article →ASCI's guidelines require a mandatory risk disclaimer whenever cryptocurrencies or NFTs are advertised or promoted.
Read the article →A step-by-step guide to applying for a marriage certificate online through the BMC's portal.
Read the article →How Indian courts interpret non-compete clauses during and after employment under Section 27 of the Contract Act.
Read the article →How the collaboration between NBFCs and fintech companies is reshaping lending in India.
Read the article →How NBFCs are categorised by liability and asset size under RBI regulations.
Read the article →The role NBFCs play in India's economic development, and the key differences between NBFCs and banks.
Read the article →How YouTube's Content ID system and DMCA takedown mechanism work, and the consequences of a copyright strike.
Read the article →What an ESOP policy is, the clauses it should include, and the disclosures a company must make.
Read the article →How ESOPs are taxed for employees at the time of allotment and at the time of sale.
Read the article →ESOPs let employees buy company stock at a pre-determined price in the future. Here is what to know before signing up.
Read the article →Where the law on cryptocurrency in India stood as courts and the government weighed taxation, regulation and an outright ban.
Read the article →The clauses every employment agreement should cover, from remuneration and non-compete to term and termination.
Read the article →Why a Share Transfer Agreement matters when shares change hands, and the key terms it should capture.
Read the article →How licensing agreements let businesses generate revenue from their intellectual property, from tech to entertainment.
Read the article →What an NFT is, how it differs from cryptocurrency, and how Indian law currently treats these digital assets.
Read the article →The difference between a contract and a Memorandum of Understanding, and when an MOU can be legally enforced.
Read the article →The difference between ancestral (coparcenary) property and self-acquired property under Hindu succession law.
Read the article →The key clauses a technology development agreement should cover, from services and IP to testing and confidentiality.
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