Payal Chawla An ideal investment agreement is one that enables a start-up investee company to thrive. The key is finding the right balance of rights and obligations between the investor and the promoter. Overly onerous obligations on the promoter can suffocate the freedom, nimbleness, risk-taking ability and ingenuity required by the promoter to make a…
Payal Chawla and Hina Shaheen The appointment of an arbitrator by one party to an arbitration agreement has been a vexed issue. The pre-amended Arbitration & Conciliation Act, 1996 (“Act”) permitted such appointments, with certain limited exceptions. That these unilateral appointments have been the cause of much angst and litigation is not in dispute. The…
Franchising is a business model that has been effectively leveraged by the West in expansion of business, while splitting the cost and responsibility with the local franchisee. Payal Chawla Franchising is a business model that has been effectively leveraged by the West in expansion of business, while splitting the cost and responsibility with the local…