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Showing posts from February, 2025

Is a Verbal Contract Legally Enforceable in India?

  Is a Verbal Contract Legally Enforceable in India? 🗣️⚖️ 🔍 Question: "I made a business deal with my friend, but we didn’t sign anything. Is our agreement still legally valid?" 💡 Hashtags: #VerbalContracts #LegalAgreements #ContractLaw #IndianLaw #BusinessDeals #LexisAndCompany The Legal Reality! 🧐 YES! A verbal contract can be legally valid in India under the Indian Contract Act, 1872 —but proving it in court can be tricky. 🏛️ To be enforceable, a verbal contract must have offer, acceptance, consideration, and intent —just like a written contract. ✍️ 📌 Hashtags: #SpokenAgreement #VerbalVsWritten #LegalObligations #KnowYourRights #BusinessLaw When Is a Verbal Contract Legally Binding? 🤝 ✔️ Business Deals & Service Agreements – If both parties agree and act upon it, the contract is valid. 💼 ✔️ Handshake Deals – If money or goods have been exchanged, courts may enforce it. 🤲 ✔️ Property Leases Under 12 Months – Short-term lease agreements may be oral. 🏠 ✔️...

Can an Employer Fire You Without Giving a Reason?

  Can an Employer Fire You Without Giving a Reason? 🚫⚖️ #EmployeeRights #IndianLaw #JobSecurity Imagine walking into the office ☕💻, and your boss hands you a termination letter 📄—no warning, no explanation, just "You're fired!" 😨 Is this even legal? Let’s break it down! ⚖️ #EmploymentLaw #HR #WorkplaceRights 📌 The Short Answer: It Depends! In India , job termination rules vary based on: ✅ Employment Contract – If your contract mentions termination conditions , both you and your employer must follow them. 📑✍️ ✅ Type of Employment – Permanent employees have stronger legal protection than contractual workers . 💼⚖️ ✅ Company Policies – HR rules must be followed. 🚀 ✅ Labour Laws – The Industrial Disputes Act, 1947 protects workers from unjust dismissal . 🔍 #WorkplaceJustice #LegalProtection #KnowYourRights 🚨 When Can an Employer Fire You Without Notice? 🚨 Misconduct – If proven, an employee can be fired immediately. 🛑 🚨 Poor Performance – Only if a prope...

Can a Startup Operate Without Registering as a Company in India?

  Can a Startup Operate Without Registering as a Company in India? 🚀⚖️ 🔍 Question: "I have a startup idea, but I don’t want to register a company yet. Can I still run my business legally?" 💡 Hashtags: #StartupIndia #BusinessLaws #Entrepreneurship #CompanyRegistration #LegalHelp #LexisAndCompany The Legal Reality! 🧐 YES! You can run a business in India without registering a company —but there are certain limitations. 📜✅ You can operate as a sole proprietorship , which doesn’t require formal company registration but still needs legal compliance. 🏦 📌 Hashtags: #SoleProprietorship #StartupLegalities #NewBusiness #IndianBusinessLaws #LegalCompliance How Can You Run a Business Without Registering a Company? 🤔 ✔️ Sole Proprietorship – You can operate under your name and pay taxes as an individual. 🤵 ✔️ Partnership Firm – If you have a co-founder, you can start a partnership with a simple agreement. 🤝 ✔️ GST Registration – If your turnover exceeds ₹40 lakh (₹20 lakh f...