Vishwas Corp, a small textile manufacturer, delivered kurtas worth ₹1,00,000 to Bharosa Pvt Ltd, a retail chain. However, as per Bharosa’s payment cycle, Vishwas Corp will only get the money after 45 days. In the meantime, Vishwas Corp has to
The Ministry of Electronics and Information Technology released the National Policy on Software Products, 2019 (“the Policy”) aimed at stimulating the software products ecosystem in India. The Policy acknowledges that the Indian IT/ITeS industry is primarily service oriented. The Policy
In order to take forward and accelerate the agenda of the “Ease of Doing Business” and “Make in India”, the Commercial Courts, Commercial Division and Commercial Appellate Division of the High Court’s Act, 2015 (the “Act”) has been promulgated, which
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