What Happens If a Vendor Breaches a Contract?” 🤔✨ #CorporateLitigation #VendorBreach #ContractDisputes #LegalAdvice #LexisAndCompany Contracts are like the unwritten rules of friendship – except they’re written and binding! 😅 But what happens when your vendor decides to skip the rulebook and breaches the contract? Here’s a question we hear often: 👉 “If a vendor doesn’t deliver as promised, can I sue, or do I need to negotiate first?” #CommercialLitigation #LegalHelp #BreachOfContract #CorporateLawIndia #LexCliq 💡 The Answer : Before you suit up for court, pause! Litigation is often the last resort. First, check the contract. Does it have a dispute resolution clause? Most contracts outline steps like mediation or arbitration before legal action. Steps to Follow: 1️⃣ Review the Contract : Pinpoint the exact clause breached. Details matter! 2️⃣ Notify the Vendor : Draft a formal notice about the breach. Sometimes, a warning is all they need! 3️⃣ Explore Negotiation : Try resolvi...
Is My Startup Idea Legally Viable?” 🌟 #StartupLaw #LegalAdvice #EntrepreneurshipTips Starting a business is like planting a tree 🌳—you need fertile ground (a solid idea) and strong roots (legal foundation). One of the most frequently asked questions we get is: “Is my startup idea legally viable?” 🚀💼 #StartUpSuccess #LegalHelp #Innovation 💡 The Answer You’ve Been Looking For: Yes! But here's the catch—your idea must comply with various legal frameworks in India. From intellectual property protection to company incorporation, tax implications, and regulatory approvals, every startup must navigate these legal waters 🌊. ✅ Key Steps to Ensure Legal Viability: Intellectual Property Protection 🛡️ Check if your idea infringes on existing patents, trademarks, or copyrights. Register your brand name, logo, and product designs to secure exclusivity. #Trademark #IPLaw #StartupProtection Business Entity Selection 🤔 Choose the right structure: LLP, Private Limited Company, or Sole...