Legal
Doctrine of Work for Hire
The doctrine of “work for hire” is a legal concept that determines the ownership of a copyrighted work when it
Treelife
02 Jul, 2024
Legal and Law related updates from Treelife. Explore the legal complexities of your startup journey with Treelife’s comprehensive legal blog. Explore a treasure trove of insightful articles covering diverse legal topics like intellectual property, corporate governance, funding rounds, contracts, and more. Gain valuable knowledge from industry experts and stay informed about the latest legal developments impacting the startup ecosystem. Whether you’re a budding entrepreneur, an established investor, or a curious learner, Treelife’s legal blog empowers you to make informed decisions and navigate the legal landscape with confidence.
The doctrine of “work for hire” is a legal concept that determines the ownership of a copyrighted work when it
In the bustling markets and stores of India, where buying and selling happens every day, there’s a set of rules
In today’s interconnected global economy, businesses engage in cross-border transactions and collaborations, necessitating robust legal frameworks to govern contractual relationships
The Doctrine of Unconscionable Contract stands as a vital safeguard in the realm of Indian contract law, aiming to prevent
Software as a Service (SaaS) agreements have become increasingly prevalent in the digital era, especially in India, where the technology
Introduction In the intricate realm of Indian Contract law, the doctrine of severability and the Blue Pencil Rule serve as
Employment Agreements Clauses In employment agreements in India, certain clauses often give rise to more debate or controversy compared to
BACKGROUND Under India’s new Digital Personal Data Protection Act, 2023 (the “DPDP Act”), entities which process any personal data in
What is an SLA? SLA stands for service level agreement. It refers to a document that outlines a commitment between
In April 2023, the five-judge constitution bench of the Supreme Court of India (“Supreme Court”), in M/s NN Global Mercantile
What is POC? Proof of Concept (‘PoC’) can also be called as ‘Proof of Principle’, it can be explained as
Consequential damages, as the name suggests, refer to the compensation granted to one party for the harm or loss they
Termination for Breach or Non-performance If either party commits a breach of its obligations under this agreement, the other party
Introduction Advancements in technology and the expansion of global markets have introduced more intricate challenges, necessitating the businesses take steps
Introduction While liquidated damages refer to the amount of damages which the party estimates for the breach of the contract.
In the ever-evolving landscape of entrepreneurship, startups and established companies alike seek guidance and mentorship from seasoned advisors, often industry
In the business landscape, term sheets play a vital role in facilitating agreements, particularly for investments and acquisitions. In the
Introduction In the world of corporate finance, buybacks are a tactical instrument that businesses use to maximize shareholder value and
Introduction to Market Growth and Trends Despite the social taboos associated with the purchase and use of sex toys in
The MSME Sector: Powering India’s Growth Micro, Small and Medium Enterprises (MSMEs) contribute significantly to the nation’s GDP, generate vast
What is Anti-Dilution? An anti-dilution clause is a contractual provision typically found in investment agreements, particularly in the context of
In today’s digital landscape, where personal data is both a valuable asset and a subject of concern, a robust privacy
The Reserve Bank of India issued the Reserve Bank of India (Outsourcing of Information Technology Services) Directions, 2023 (“Directions”), which
Introduction In the ever-evolving landscape of innovation, intellectual property rights (IPR) serve as the cornerstone of creativity and progress. It’s
India’s startup landscape has become an ongoing global success story, attracting a swarm of investors eager to tap into its
Contracts are, indisputably, a foundation block in any partnership, collaboration or association between individuals or companies which provides with a
Introduction In today’s digital age, the way we conduct business has fundamentally transformed. Gone are the days of paper-based workflows
FSSAI Registration: Mandatory for All Food Businesses in India Getting an FSSAI registration is a crucial step for anyone starting
Introduction Let’s face it, contracts are broken, and sometimes, unexpected situations cause financial losses. But what recourse do you have?
![How to setup a wholly owned Subsidiary in India? NRO, Process of Incorporation [2024]](https://treelife.in/wp-content/uploads/2024/03/process-of-incorporation-300x150.webp)
Setting up a wholly owned Subsidiary in India – What and Why explained Imagine a company, let’s call it “XYZ
What is a Limited Liability Partnership (LLP)? A limited liability partnership (LLP) is a kind of general partnership in which
Introduction In the ever-evolving world of gaming, innovation and imagination often take the centre stage. Intellectual Property Rights are a
Introduction In the bustling corporate landscape of India, companies thrive on the dedication and expertise of their employees. However, with
DOWNLOAD FULL PDF An officer-in-default is a person associated with a company who is held liable for any penalty or
Introduction Every restaurant has to comply with some taxation regulations and also file its returns on a regular interval as
Introduction Exit provisions determine how, when and at what price investors can sell their stake in a company and procure
In the corporate environment today, you may often come across the term “POSH”. Whether the company you’re working at is
Expanding your startup into foreign markets presents a global business expansion opportunity that can be daunting yet rewarding. It’s important
Meaning A fast-track merger is a streamlined process for combining two or more companies. It is typically designed to expedite
1. Play Games24x7 Private Limited v. Reserve Bank of India & Anr. Factual Matrix Contentions and
What is Liquidation Preference? A Liquidation Preference provision sets out the level of priority that an investors’ shares receive for
The Office of Principal Scientific Advisor to the Government of India published the Draft National Deep Tech Startup Policy (NDTSP)
Introduction WhatsApp has become a ubiquitous messaging platform, with millions of users worldwide relying on it for personal and professional
Fast-Track Mergers have emerged as a vital tool in the corporate world, enabling companies to join forces swiftly and efficiently.
Pre-requisites for incorporation Proposed Name •Name to be available and unique. Should contain the nature of business •Minimum 2 names
Introduction The Constitution of India explicitly prohibits discrimination based on sex, race, religion, or on any other ground, but it
Supriyo @ Supriya Chaktraborty & Anr. v. Union of India For a presentation view, click here! Factual Matrix • The
Overview What are ECB? External Commercial Borrowings (“ECB”) are commercial loans raised by eligible resident entities from recognized non- resident
The Startup India initiative was announced by Hon’ble Prime Minister of India on 15th August, 2015. The Department for Promotion
Currently in India there are 29 labour laws which needs to be followed by all the entities. To make it
1. Key Takeaways The Ministry of Electronics and Information Technology (“MeiTY”), vide notification dated April 6, 2023 released the Information
Liquidation is the process of closing a business and distributing its assets among stakeholders, creditors, and rightful claimants. In the
What is a Branch Office (“BO”)? A BO is a suitable business model for foreign companies looking to establish a
SAAS Products: An Introduction Software as a Service or SaaS is a cloud-based software delivery model that licenses applications on
An indemnity clause is a contractual transfer of risk between two parties that prevent or compensate for financial loss resulting
Notification Coverage The Ministry of Finance has notified an amendment in Prevention of Money-Laundering Act, 2002 (“Act”) by way of
Introduction to Trademarks What are Trademarks ? & Why you need them? An intellectual property known as a trademark gives
In this blog, we will discuss the reasons why investors ask companies to issue preference shares during their funding rounds.
How to Understand Intellectual Property Rights in Employment? Intellectual Property is any creative work or invention of the mind and
The Software-as-a-Service (SaaS) industry has become a vital part of modern businesses, providing a cost-effective and efficient way to manage
Starting a business involves risks, and it is important to take precautionary steps to safeguard your investment. One of these
As the famous quote by Shakespeare goes, “What’s in a name?” Well, in today’s world, a lot! With businesses fighting
Strategic investments are made by parties who are not looking for an immediate financial return but instead want to influence
On September 02, 2022, the Reserve Bank of India (RBI) issued guidelines on digital lending to protect the interests of
Business partnerships can be a great endeavor, but when partnerships go bad, things become messy. In such situations, it may
As of December 2022, 52 Indian firms, including startups, have laid off over 18,000 employees. The unicorns on this list include prominent startups like BYJU’S, Unacademy,
Introduction You’re working on a lovely website for your company when the developer requests your Terms & Conditions (“T&C”) and
WHAT IS A CELEBRITY ENDORSEMENT AGREEMENT? A celebrity endorsement agreement is a legally binding agreement between a company owning a
On October 28, 2022, the Ministry of Electronics and IT (“MeitY”) notified amendments to the Information Technology (Intermediary Guidelines and
While both SaaS-based and License-based models deal with provision of software, there are certain key distinguishing points between them, viz:
What is a Shareholders’ Agreement? A Shareholders’ Agreement (SHA) is an arrangement among a company’s shareholders that describes how the
Startup India is a flagship initiative of the Government of India. The campaign was first announced by Prime Minister, Narendra
In the previous article on Software as a Service (“SaaS”) Products, we understood the meaning of SaaS Products and how
Starting a successful startup requires a lot of effort and consideration, especially in terms of legal issues for startups. While
India’s Growing Focus on Electric Vehicles to Deal with Air Pollution and Oil Dependency The move towards Electric Vehicles (EVs)
Directors and Officers (“D&O”) play a crucial role in running a company, making important decisions and bearing responsibilities towards various
Introduction Non-fungible tokens (“NFTs”) are one-of-a-kind digital tokens that serve as proof of asset ownership and cannot be duplicated. NFTs
India’s Growth Brings Data Privacy and Protection into Focus: Understanding the Current Data Protection and Privacy Laws in India India
The Ministry of Electronics and Information Technology (“MeitY”), on 25 February 2021, had notified the Information Technology (Intermediary Guidelines and
Importance of Trademarks and Brand Names for Your Business: Understanding the Differences Between a Brand & a Trademark If you
While SaaS has simplified enterprise software in multiple ways, however, subscribing to an “enterprise-class” system still requires a fairly complex
Are you worried about force majeure events impacting your contract in India? It’s crucial to understand the force majeure clause’s
Convertible debentures are a type of debt instrument that can be converted into equity shares at a later stage. When
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