IMPLICATIONS OF THE DIGITAL RUPEE ON CRYPTOCURRENCY IN INDIA
Virtual currencies have always been tightly restricted, if not outright prohibited, in India. The Reserve Bank of India (“RBI”) has consistently opposed the use of “private virtual currencies” due to their uncontrollability. Illicit black-market transactions and shadow economies are feasible because the RBI has no control over who or how much cryptocurrency is transported where. …
Continue reading “IMPLICATIONS OF THE DIGITAL RUPEE ON CRYPTOCURRENCY IN INDIA”
Commercial Lease Agreements in India
A commercial lease agreement (“Agreement”) is an instrument and a contract executed between the owner (“Lessor”) of an immovable property (“Property”) for lease and the entity/individual (“Lessee”) desirous to lease (acquire possession) the Property for commercial purposes. This Agreement records the terms and conditions which bind the parties to the transaction and are mutually agreed …
REDUCTION IN WORKFORCE– INDIAN LEGAL FRAMEWORK AND ALTERNATIVE ARRANGEMENTS
Large corporations around the globe such as Twitter, Meta, Amazon etc., are reported to have laid off employees for various reasons and workforce everywhere is going through a phase of uncertainty, and India is no different. In common parlance, ‘lay-off’ is generally referred to reduction in workforce or downsizing.