1. Plaintiff & Defendant Example: If Alice sues Bob, Alice is the plaintiff, Bob is the defendant. 2. Contract A contract is simply an agreement between two or more people that the law will enforce. It can be written, spoken, or even implied by actions. Example: You hire a plumber to fix a leak. That’s…
Launching a startup without completing essential legal formalities can lead to compliance issues, penalties, and credibility concerns. This startup legal checklist ensures you cover all the mandatory registrations before going live. 1. Register Your Business Structure Choose a structure that fits your goals: Register your entity through the Ministry of Corporate Affairs (MCA). 2. DPIIT…