The Profit Forecast Hub | DialEzee

  Is a Handshake Agreement Legally Binding in India? ⚖️💼 Picture this: You strike a deal, shake hands, and agree on terms. But what if the other party backs out? Can a verbal handshake agreement hold up in court? Let’s dive into the legal side! ✅ #️⃣ #HandshakeDeals #VerbalAgreements #ContractLaw ✅ Is a Verbal Agreement Legally Enforceable? YES! A verbal agreement can be legally valid in India if it meets these conditions: 🔹 Offer & Acceptance – A clear mutual agreement exists. 🤝 🔹 Consideration – Something of value is exchanged (money, services, goods). 💰 🔹 Free Consent – No coercion, fraud, or undue influence. ⚠️ 🔹 Legal Object – The deal doesn’t involve anything illegal. 🚫 💡 While verbal agreements can be enforceable, proving them in court is a challenge! 📜 #️⃣ #BusinessContracts #HandshakeAgreements #LegalAdvice 🔥 When is a Handshake Agreement NOT Valid? ❌ If it involves real estate transactions – Property agreements must be in writing. 🏡 ❌ If it contrad...

  Can an Employer Hold My Original Documents After Hiring?" 📑🚫 | #EmploymentLaw #HRPolicies #EmployeeRights 🤔 Question: "My employer has taken my original degree certificates for 'security reasons' and refuses to return them. Is this legal?" 🎓📜 #WorkplaceRights #LabourLaw ✅ Answer: No! An employer CANNOT legally keep your original documents as security or a condition of employment. This violates Indian labour laws and fundamental rights. 🚨📑 #KnowYourRights #JobSecurity 🔹 What Does the Law Say? ✔️ Violation of Fundamental Rights – Keeping original documents restricts an employee’s right to employment and freedom of movement. ⚖️✋ ✔️ Against Indian Labour Laws – The law does not permit withholding certificates as a bond or guarantee. 📜🏛️ ✔️ Unfair Employment Practice – The Ministry of Labour has ruled such acts as unethical and unlawful. 🚫🖋️ ✔️ Only Photocopies Can Be Kept – Employers can verify credentials but should return originals immediately. ...

  Can a Startup Operate Without Registering the Company?" 🚀📜 | #StartupLaw #BusinessRegistration #LegalTips 🤔 Question: "I have a great business idea and already started operations, but I haven’t registered my company yet. Can I still run my startup legally?" 💼📑 #Entrepreneurship #BusinessSetup ✅ Answer: Yes, you can operate a business without formal company registration, but it comes with legal risks and limitations. 🚨📜 #StartupIndia #LegalCompliance 🔹 How Can You Run a Business Without Registering? ✔️ As a Sole Proprietorship – If you’re the only owner, you can start as a sole proprietor using your PAN card. 🆔💰 ✔️ With a GST Registration – If your turnover exceeds ₹40 lakhs (₹20 lakhs for services), GST registration is mandatory. 📊✅ ✔️ By Using a Current Account – Most banks allow business transactions with GST and MSME registration. 🏦📜 ✔️ By Complying with Local Licenses – Shops, restaurants, and traders need state-specific licenses. 📃🏛️ #Business...