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Carried interest in India: structuring and taxation for fund managers
Carried interest is the single largest driver of a fund manager's personal wealth, and also the least settled item on an Indian fund's tax position. A tax tribunal ruling involving a set of Indian venture capital funds once recharacterised carry…
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5 Key Pointers required in a SaaS Agreement
In the previous article on Software as a Service (“SaaS”) Products, we understood the meaning of SaaS Products and how SaaS Agreements are different from End User License Agreements. In this blog, we will discuss the key points that should…
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Resolutions in a Board Meeting and General Meeting
Introduction A company is an artificial person as we all know, having an identity separate from the members or the directors. However, since it is an artificial person it requires the Board of Directors (“BOD”) or the members to take…
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