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Room rental agreement more useful for landlord than tenancy

09th July 2012
Rental Agreement A rental agreement, or lease, is a legal contract that must contain certain terms. The agreement dictates the relationship between the landlord and the tenant or tenants. Some are very short documents that contain only the most essent... Read >

Breach of Employment Contract

27th June 2012
In the event that you believe that your employer has acted unfairly towards you or has made changes to your work or job without your agreement, then your employer could be legally liable for breach of contract. The employment law in the UK understands... Read >

What is the effect of an unwritten partnership agreement?

18th June 2012
Simply put, partnership is two or more than two people (groups or companies) who come together to form a business with the intention of making profit. An oral partnership is usually based on high level of trust. It is generally between family membe... Read >

The Dos and Donts of Personal Gaurentees

14th May 2012
The Dos and Donts of Personal Gaurentees Overview As forms of corporate business setups evolve, so does the spectrum of related business dealings, corporate processes and issues. All business scenarios require legal attention followed by documented... Read >

What is Business property lease?

14th May 2012
Business property lease is a written agreement between a landlord and a tenant. The type of lease agreement is also called as commercial lease agreement. It is usually suitable for premises used for business purposes whether small or big size such as: ... Read >

I am being made redundant at work. What will my redundancy payment be?

27th April 2012
Introduction You are entitled to statutory redundancy pay if you have two year continuous service. The amount will be determined on the basis of: Your age; Your weekly pay; and Duration of continuous service. Your emp... Read >

Shareholders agreement for existing company; working directors

14th February 2012
Shareholder agreement is not a public document like an article of association but it can contain the same provisions as the article of association. Shareholder agreement can be used by new or existing company because it deals with important issues. Such a... Read >

Residential Tenancy Agreement

16th December 2011
A residential tenancy agreement is the document agreed between a landlord and tenant which sets out the legal terms and conditions of the rent contract. This agreement allows the tenant to live in a property as long as he pays rent and follow the rules. ... Read >

Distribution agreements – benefits and risks

14th June 2010
A distribution agreement is a legally binding contract and regulates the commercial terms between a supplier of goods and a distributor of goods. The supplier of the goods supplies the goods to the distributor for resale in specified territory  The suppl... Read >

Employment Contracts - Indian Perspective

14th May 2010
Definition: A contract of employment is a bilateral agreement for the exchange of service and remuneration over a period of time. Employment contract is that form of contract for personal service which the courts recognize as expressing the social relati... Read >

Partnership agreements

11th May 2010
Contents: What is partnership? Who makes the rules? Keep it Simple; Do not get stuck in the swamp; How do I terminate my partnership agreement? What is partnership? The word partnership, both formally and informally, means a situation whe... Read >

The statutory demand procedure and professional tips on how to make it work for you

28th April 2010
Introduction If you issue a statutory demand, you can follow it up 21 days later with a bankruptcy (individual) or winding up (company) petition. There is nothing, but nothing that concentrates someone's mind more than prospective wipe out. Of course, i... Read >

Share or stock transfer form

23rd April 2010
Introduction As part of the 2008 budget changes, stamp duty for stocks and shares that were previously chargeable with £5 duty, whether fixed or ad valorem, are exempt from stamp duty from 13th March 2008. Before March 2008, certain transfers of shar... Read >

Memorandum and Articles of Association made simple

19th October 2009
If you are setting up a new limited company, two of the most essential legal documents you'll need are the Memorandum of Association and Articles of Association. It is vital to get the contents of any Memorandum and Articles of Association correct fro... Read >