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NISM Introduces Separate Certification Exams for AIF Managers
The National Institute of Securities Markets (NISM) has announced a significant change in the certification framework for Alternative Investment Fund (AIF) managers. Effective May 1, 2025, the existing unified NISM Series-XIX-C certification will be split into two distinct exams, tailored…
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Implications of a Force Majeure Clause
Are you worried about force majeure events impacting your contract in India? It’s crucial to understand the force majeure clause’s meaning and its legal definition. A force majeure clause in contract explicitly sets out the terms that excuses a party…
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How To Create ESOP Pool
Often founders are confused about creating an ESOP pool on the cap table when investors require them to create one before making the investment. An ESOP pool is a set of shares earmarked for the company's employees - which will…
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