Business Law

/Business Law

What should an Indian entrepreneur know about Mauritius if he or she is planning to take foreign investment?

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction: Mauritius is an Island nation in the Indian Ocean with an area of about 2000 Square Kilometers and has a population of just 1.3 million. Mauritius is different from similar island [...]

Monopoly in Electricity Industry and Regulatory Authorities

  The Electricity sector in India is still a 'Government Monopoly' when it comes to transmission and distribution of powers. Although there is 42% share by Private sector in Power Generation, there is no competition in the power distribution and hence the consumers do not have the freedom to choose between different distributors as envisaged [...]

Consumer Protection Perspectives on Electricity

Since there is a monopoly in vast majority of electricity industry, there is a strong need for consumer protection mechanisms. Although the independent regulators are doing well in their duty of overseeing and regulating the industry, there is a need for institutions at the consumer level to protect them from erring suppliers. The Ombudsman: The [...]

How Could Co-Founders Agreement Helped in Housing.com Dispute?

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction: Housing.com dispute is a well-known issue and is a lesson to be studied by the entrepreneurs before starting a startup venture. The major question behind the housing.com dispute is what will [...]

Salient Features of the Electricity Act, 2003

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Policies: The Electricity Act, 2003 envisages that policies to be framed regarding various aspects and it should be done by the Central Government in consultation with the State Governments and Electricity Commissions [...]

Laws and regulations related to pledge

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction: Indian Contract Act, 1872 deals with the pledge. Pledge is a kind of bailment. It is also called as 'pawn'. If the good are bailed as security for payment of a [...]

Trade Union related laws in India

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction and Historical Perspectives Trade Union Act, 1926 is the important law related to Trade Unions in India. Industrial revolution during the 19th century brought massive changes in England and other western [...]

10 things that every Indian should know about Indian Civil Procedure Code

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Introduction The law can be broadly classified as 1) Substantive Law and 2) Procedural Law. The Substantive Law, whether it is based on statute law or common law, defines what facts are [...]

Sole Proprietorship Vs Company

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. There are several differences, several advantages, and disadvantages in both forms of business. A sole proprietorship is very simple to form and does not require much paperwork to start with. But, a [...]

Choosing a right business name for your start-up…

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. If you are going to form a company, the name should have three parts. 1) Name, 2) Object part and 3) Constitution of the company. For Example: Spicy Law LLP ‘SPICY’ is [...]

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