TL;DR: Contracts are important for your business because they turn verbal promises into legally enforceable obligations, allocate risk before disputes arise, protect your intellectual property, and give you a legal remedy when the other side does not perform. A business operating without contracts is not just exposed to disagreements about what was agreed: it is […]
Author Archives: Prakhar Rai
An LLC ( Limited Liability Company) provides liability protection and other benefits. The requisite to incorporate an LLC differs in each state however few steps are common. Business Name The first step is to choose the right and unique name of your business name which should not be used by any other existing entity. The […]
26
Jan
Jan
TL;DR: An investor agreement is a legal document that records the terms on which an investor puts money into a company: how much, at what valuation or conversion terms, what rights the investor gets, and what protections apply to both sides. In India in 2026 it most commonly takes one of four forms: a SAFE […]
25
Jan
Jan
TL;DR: Registering a trademark in India means filing Form TM-A with the Trade Marks Registry, choosing the right class under the Nice Classification, getting through examination, surviving the publication and opposition window, and receiving your certificate. The process realistically takes 12 to 18 months if uncontested. Government fees start at ₹4,500 per class for individuals […]
21
Jan
Jan
TL;DR: A trademark protects the signs that identify your business, your name, logo, or slogan, and stops others from trading off your reputation. Trademark rights are territorial, so protection is granted country by country, though the Madrid System lets you file across many countries through one application. The core principles are similar everywhere, but the […]
18
Jan
Jan
TL;DR: A patent is a legal right granted by the government that gives an inventor the exclusive power to make, use, sell, or import their invention for a set period, 20 years in India and most countries, in exchange for publicly disclosing how the invention works. It is a time-limited monopoly, not a permanent right. […]
12
Jan
Jan
Non-Fungible Tokens (NFTs) are a new type of digital asset that is revolutionizing the way we think about digital ownership. NFTs are unique pieces of code stored on a blockchain that represent ownership of a specific item or asset. They are different from traditional tokens, such as Bitcoin, because they are not interchangeable and each […]
01
Dec
Dec
TL;DR: A contract exists to do one thing that a handshake cannot: make a promise legally enforceable. It records what each party agreed to, allocates the risks if something goes wrong, and gives the courts a document to enforce if someone does not perform. In 2026, as business runs across borders, AI tools sign up […]
02
Oct
Oct
TL;DR: A privacy policy is a legal document that tells users what personal data you collect, why you collect it, how you use and store it, who you share it with, and what rights they have over it. In India it is mandatory under the Digital Personal Data Protection Act, 2023. Globally, GDPR, CCPA, and […]
02
Oct
Oct
TL;DR: A Service Level Agreement (SLA) is a legally binding agreement that defines the level of service a provider commits to delivering, including measurable performance standards such as uptime, response times, resolution times, reporting obligations, and remedies if those standards are not met. A well-drafted SLA helps manage expectations, reduce disputes, improve accountability, and protect […]