Skip to main content

Posts

Showing posts with the label ARTICLES

Can a Startup Founder Be Sued by Investors?

  Can a Startup Founder Be Sued by Investors?” πŸ€”πŸ’Ό #StartupLegalIssues #InvestorLawsuits #FounderLiability #CorporateLaw #StartupLitigation #BusinessLegalAdvice #LexisAndCompany A startup is all fun and innovation… until investors start asking tough questions! πŸ˜…πŸ’Έ πŸ“‰ "The business failed – can investors sue me?" ⚖️ "Can I be personally liable for investor losses?" 🚨 "How do I protect myself legally?" If you’re a startup founder, this post could save you from a courtroom disaster! πŸ‘‡ ✅ YES, Founders Can Be Sued! But When? Investors can legally take action against a startup founder in these situations: πŸ”΄ Fraud & Misrepresentation – If you lied about revenue, funding, or business viability. 🧐 πŸ”΄ Breach of Contract – If there’s a signed agreement & you fail to deliver . πŸ“œ πŸ”΄ Misuse of Funds – If investor money is used for personal expenses or non-approved activities. πŸ’°πŸš« πŸ”΄ Breach of Fiduciary Duty – If you neglect investo...

Navigating the Legal Labyrinth: Understanding the Doctrine of 'Res Judicata' in India

  Navigating the Legal Labyrinth: Understanding the Doctrine of 'Res Judicata' in India ⚖️πŸ” In the intricate world of law, certain doctrines ensure that the judicial process remains efficient and just. One such principle is 'Res Judicata' , a doctrine that prevents the same dispute from being litigated multiple times. Let's delve into its significance in the Indian legal system. πŸ•΅️‍♂️πŸ“œ What is 'Res Judicata'? πŸ€” 'Res Judicata' is a Latin term meaning "a matter already judged." In legal parlance, it refers to the principle that once a court has adjudicated a matter, the same parties cannot re-litigate the same issue in any court. This doctrine ensures finality in legal proceedings and prevents the wastage of judicial resources. #ResJudicata #LegalFinality #JudicialEfficiency​ Legal Framework in India: Under Section 11 of the Code of Civil Procedure, 1908, 'Res Judicata' is enshrined as a fundamental principle. It stipul...

What happens if a contract isn’t stamped in India?

  What happens if a contract isn’t stamped in India?” πŸ€”⚖️ #UnstampedContracts #ContractLawIndia #StampDuty #LegalDocuments #BusinessAgreements #LegalContracts #LexisAndCompany Many people assume a contract is valid as long as both parties sign it. But wait! What if it isn’t stamped? 🚨 🀷‍♂️ "Does that mean my agreement is worthless?" πŸ’° "Can I still enforce it in court?" πŸ“ "Do I need to rush to a lawyer now?" Let’s clear up this legal mystery! πŸ‘‡ ✅ What is Stamp Duty & Why Does it Matter? πŸ–Š️ Stamp duty is a tax paid to the government when executing certain legal documents like: ✔️ Business contracts πŸ“œ ✔️ Property agreements 🏑 ✔️ Loan & debt agreements πŸ’³ ✔️ Partnership deeds 🀝 πŸ’‘ The Indian Stamp Act, 1899 , makes it mandatory to pay stamp duty on specified agreements to make them legally enforceable. #StampDutyIndia #ContractExecution #LegalCompliance #BusinessContracts #IndianStampAct ⚠️ What Happens If a Contra...