What Are the Different Types of Contracts in India? 📜🤝 CONTRACTS MADE EASY! In India, contracts play a vital role in formalising agreements between parties. Whether you're entering into a business deal or a personal arrangement, knowing the different types of contracts is key to protecting your interests. Let’s explore the different types of contracts in India! #TypesOfContracts #IndianContracts #BusinessDeals ✅ Types of Contracts in India ✔️ Bilateral Contracts – This is the most common type of contract where both parties exchange promises. One party agrees to provide a service, and the other party agrees to pay for it. For example, employment contracts or sales contracts . 🤝💼 ✔️ Unilateral Contracts – Here, one party makes a promise in exchange for a specific act. For example, a reward contract where someone offers a reward for finding a lost item. 💸🎁 ✔️ Void Contracts – A contract that is not legally enforceable due to illegal activity or an impossible situation....
What Are the Legal Requirements for Foreign Investment in India? 🌍💼 Foreign investment in India can open doors to vast opportunities, but what are the legal requirements you need to be aware of? Whether you’re looking to start a business or invest in an existing one, here’s a guide to the legal framework for foreign investment in India. #ForeignInvestment #IndiaBusiness #InvestmentLaws #ForeignDirectInvestment #IndianLaw ✅ Legal Requirements for Foreign Investment in India 📌 Foreign Direct Investment (FDI) – The FDI policy governs foreign investments in India. It outlines the sectors where foreign investment is allowed, including automobile , technology , and retail 🚗💻 📌 FDI Limits – Different sectors have different FDI limits . Some sectors allow 100% foreign ownership, while others have caps or restrictions on foreign stakes 💼 📌 Approval Process – Foreign investors may need approval from the Reserve Bank of India (RBI) or Government of India , depending on the ...