Monthly Archives: September 2021

The customer receives e-challan/invoice at the end of the registration. The basic framework of stamp duty is set out in the Indian Stamp Act of 1899, which allows states to modify them according to their needs. As a result, the Government of Maharashtra passed the Bombay Stamp Act in 1958. Payment of stamp duty […]

The application procedure for new clearing members may include a due diligence visit to the applicant`s offices. The objective of this meeting is to discuss the structure and strategy of the company. the extent of the activities of the new clearing member in general and the clearing activities in particular (planned and current); Finance, […]

In an uncovered credit, the bank supporting the accreditor promises to pay if the buyer is unable to pay at the time of the payment obligation. In an uncovered credit, the bank can pay all or part of the amount, depending on the funds available to the buyer. When a bank has to spend […]

When drafting a rental agreement, it is best to have the main elements such as the rent and the duration of the lease negotiated in advance between the parties, in order to avoid the possibility of rewriting the document. Abandonment – If the tenant evacuates the premises unexpectedly before complying with the contractual conditions. […]

Follow the instructions for drafting a residential building lease agreement. A lease is not submitted by any government authority and retained by the landlord and tenant. No witness is required to sign, and it is therefore recommended to be e-signed. Each state regulates the maximum amount of money a landlord can recover from a […]

(2) A joint venture agreement is only permitted if a group 8 (a) does not have the capacity to perform the contract on its own and the agreement is fair and equitable and will be very useful for concern 8 (a). However, if the SBA concludes that a Group 8(a) brings very little expertise […]

But even if no formal written agreement is reached, the Housing Rental Act applies. Landlords and tenants cannot escape their obligations by not taking their consent in writing. The parties to a rental agreement are the owner and the tenant. The landlord owns the property and allows the tenant to use the property for […]

(a) the leasing of full-time, voyage or bareboat ships or aircraft, and of containers and related equipment, which is ancillary only for the international operation of ships or aircraft by the lessor, provided that the leased ships or aircraft or the containers and associated equipment are used by the lessee in international operation; and, […]

NSC Group has signed an agreement with Korean Register (KR) for the Classification Society of the International Association of Classification Societies (IACS) to provide the inventory of hazardous materials services (HMI) in the group`s entire fleet of container ships, bulk carriers, conbuliers, motor carriers and oil tankers. Finally, it was only this month that […]

Enter a lease option agreement instead of a hire purchase agreement. As a Rent-to-Own agreement is a kind of combination between a rental agreement and a real estate purchase agreement, there are many details to include. Make sure that all the details below are included in the drafting of your agreement. Finally, when meeting […]