Another way that a seller may be able to protect themselves is the inclusion of a retention of title clause in the credit sale agreement. This clause, also known as a Romalpa clause, allows for a purchaser to have possession of the goods, however they do not acquire title from the seller until the final purchase price is paid. A credit sale agreement is a contract for the sale of goods under which the buyer pays in instalments, becoming the owner of the goods either when the contract is made or ...

Readers are requested to note that any restriction on the transfer cannot be enforced vide a shareholder Agreement, unless the same is incorporated in the Articles of association, as the companies Act, 2013 seeks to validate any transfer that satisfies the criteria laid down in the Articles. It is a divided opinion on the enforceability of the Share Holder Agreements pertaining to those prerogatives that do not form a restriction on the transfer of shares. In VB Rangaraj vs. VB Gopalakrishnan,[3...

RESOLVED THAT pursuant to provisions of Section 179(3)(e) and any other applicable provisions of Companies Act, 2013 read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force) and subject to the limits envisaged under Section 186 read with Rule 11& 13 of the Companies (Meetings of Board and its Powers) Rules, 2014 and provisions of Articles of Association of the Companies, consent of the Board of Directors of the Company be and is here...

This thesis is concerned with the analysis of agreement morphology in Gujarati, an Indo-Aryan language, spoken primarily in the state of Gujarat located on the west coast of India, where it is also the language of the state. The orientation of this analysis is typological, now often called Basic Linguistic Theory (Dixon 1997). First, it identifies three agreement features in the language: gender, number and person and describes how those features are organized. Then, it describes the nature of a...

For example, a buyer and seller might use this method if the buyer doesnt have the money to pay in full. If the seller doesnt need all the money or doesnt mind letting the buyer live on the property while paying for it, they could draw up an agreement of sale to make the arrangement clear and to protect both parties. So, in the cases where you have purchased any property under a sales agreement and got possession, the title of the property still remains with the developer, unless a sale deed sub...

However long your lease agreement term, dont lose sight of the fact that leases are legally binding documents intended to ensure correct payment and manage risk. To this end, include a statement around liability and insurance requirements for both parties. A strong farmland rental agreement should also contain language that considers: More than half of Iowas farmland is rented to tenant operators. In parts of central and northern Iowa half to two-thirds of the land is tenant-operated. On the oth...

The white paper says free movement will end when the UK leaves the EU. The government has also committed to allowing citizens to travel visa-free for holidays, business trips and to study. The white paper proposes that the UK and EU would continue to consult across all foreign policy areas, share intelligence, exchange expertise and personnel and co-operate in international fora, such as the UN, G20 and IMF. The UK also wants to continue to co-operate with the EU on international development and...

NOTE ALSO: Recently, the use of "they" and "their" as singular pronouns has become more popular. This is due in part to the awkwardness of workarounds like "his or her" and in part to a broader cultural recognition that not all individuals identify themselves with the words "he" or "she." In fact, several official citation resources (including the the Associated Press and the Chicago Manual of Style) now include guidance on this kind of usage. See the OWL's page on the singular "they" for more i...

7. Anti-dilution protection: In some cases, certain founders, especially a founder holding a significantly lower stake than others, may need to be protected from dilution of their shareholding percentage in the company. Anti-dilution protection arises in the event of future investment in the company by way of infusion of share capital that would result in a dilution of the stake of all founders. Founders holding a minority stake which is intended to be protected from dilution should ensure that ...

The Agreement should clearly demarcate the roles and responsibilities of each of the co-founders of the company. Broadly, the roles and responsibilities of the co-founders can be divided as operations, marketing, administration and finance. Starting in 2017, Illinois banned non-compete clauses against employees earning less than $13 per hour.[44][45] Non-compete agreements are automatically void as a matter of law in California, except for a small set of specific situations expressly authorized ...