Tips

When someone talks about Ease of Doing Business, they are simply talking about how easy or difficult it is to start and run a business in a country. A smoother system saves time, money, and mental stress.In this article, you will understand what Ease of Doing Business means, why it is important for Indian entrepreneurs, and how it works in real-life India.Meaning of … [Read more...] about What Does Ease of Doing Business Mean, and Why Does It Matter When Starting a Business in India?

A stay order is when a court tells everyone to pause or stop a legal case or the result of a case for some time.It’s like putting a legal case on “pause” — nothing moves forward until the court says it can.Example: Stopping a JudgmentSuppose the court says that Person A has to leave their house (eviction order). Person A thinks this decision is unfair and wants to … [Read more...] about What is a Stay Order?

Status quo means the way things are right now. It refers to the current situation or condition, especially in society, politics, or any system. To "maintain the status quo" means to keep things the same without making changes.Example 1A company keeps using the same methods every year and refuses to try new ideas. This means it is maintaining the status quo.Meaning: … [Read more...] about What Does “Status Quo” Mean in Law?

Per capita simply means per person.In real life, we use it when we want to divide a big total equally among people to understand the average value for one person.Instead of only looking at a huge total number, per capita helps us ask a more practical question:“How much does this come to one person, on average?”In practice, this word is commonly used in … [Read more...] about Per Capita: What It Means, How It’s Determined, Uses, and Examples

In Company’s Letter HeadDate: 9th July 2022To,XYZ Bank limitedXYZ Branch, D Street, Mumbai - 400 001Sub: Proceedings of the Board Meeting held on 9th July 2022Dear Sir /Madam,With reference to the captioned subject, we hereby inform you that the Board of Directors of the Company at its meeting held on 9th July 2022, inter-alia other matters, has … [Read more...] about Sample letter to inform the bank to change signatory details