Is It Legal to Have a Verbal Agreement in India?” – When ‘Word of Mouth’ Meets Law! 🗣️⚖️ Client Question: "We made a deal over coffee and sealed it with a handshake. Is a verbal agreement even valid under Indian law?" Let’s clear the air: Yes, verbal agreements can be legally valid in India! But before you rush off making million-rupee handshake deals, here’s the catch... ☕🤝 📌 Top Keywords: Verbal Agreement India, Oral Contracts Indian Law, Legal Validity Verbal Deal, Indian Contract Act #VerbalAgreement #OralContractIndia #HandshakeDeals #LegalContractIndia #LexisAndCompany 🎙️ What Makes a Verbal Agreement Legally Binding? According to the Indian Contract Act, 1872 , a contract can be oral or written , as long as it includes: ✅ An offer and acceptance ✅ Intention to create legal obligation ✅ Lawful consideration (something of value exchanged) ✅ Free consent of parties involved ✅ Legal purpose So technically, that coffee-shop deal is valid. ☕💼 But can yo...
Can I Convert My Sole Proprietorship into a Private Limited Company in India?” – From Solo to CEO Mode! 🧑💼📈 Client’s Question: "I started as a sole proprietor, but now business is booming! Can I switch to a private limited company? What’s the process?" 🤓 🔥 Trending Keywords: #SoleProprietorship #PrivateLimitedCompany #CompanyConversionIndia #StartupGrowth #BusinessRegistration #EntrepreneurIndia #BusinessExpansion 🚀 Why Stay Solo When You Can Go Corporate? Many businesses begin as a sole proprietorship – it's simple, fast, and easy. But when your business levels up, so should your structure! 🎯 Transitioning to a Private Limited Company (Pvt Ltd) is like going from a cycle to a turbo-charged SUV – better control, more speed, and way more features. 💥 #BusinessUpgrade #PvtLtdBenefits #CompanyIncorporation 💼 Why Convert to Pvt Ltd? Here’s What You Get: ✅ Separate Legal Entity – Your business becomes legally separate from you ✅ Limited Liability –...