Latest Legal Posts


April 18, 2024 | Legal
RBI (Outsourcing of Information Technology Services) Master Directions, 2023
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IFSCA Updates Framework for Global/Regional Corporate Treasury Centres (GRCTCs), Enhancing Regulations
GET PDF The International Financial Services Centres Authority (IFSCA) has introduced a revised framework for Global/Regional Corporate Treasury Centres (GRCTCs) in GIFT IFSC, effective April 4, 2025. This updated framework brings several key regulatory enhancements and newly introduced provisions aimed…
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What is Accounts Payable? Definition, Example, Uses
Accounts Payable in India Accounts Payable Meaning Accounts Payable (AP) refers to the amount of money a business owes to its suppliers or vendors for goods and services received but not yet paid for. In simpler terms, it is the…
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Enforceability of Non-compete Clauses in India
In India, the enforceability of non-compete clauses is primarily governed by Section 27 of the Indian Contract Act, 1872, which states that any agreement restraining an individual from practicing a lawful profession, trade, or business is void. Consequently, non-compete clauses…
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