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Running a Business can be Stressful

Running a business in India can be extremely stressful and challenging. In fact, a study on entrepreneurial well- being by ASCENT Foundation and Mariwala Health Initiative recently found that nearly 8% of younger entrepreneurs and 6% of older entrepreneurs who are in family-owned businesses have had suicidal thoughts. Majority of the study participants said they experienced anxiety, confusion, irritability and frustration sometimes during their entrepreneurial journey.  The study, which received response from 186 entrepreneurs (of family run businesses and new age entrepreneurs) from the ASCENT cohort, between the age group of 20 to 60 years, showed that stress due to financial cash flows, fear of failure and disagreements with partners or family members are the top stressors, irrespective of their age and years in business . Add to this the cumbersome documentation and paperwork to be taken care of at every step of the process. All these hurdles function as impediments for...
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Only the Best Real Estate Law Firms Can Inspire Confidence in Such High-Worth Transactions

Real estate is one of the fastest growing sectors in India, with assertions of it being on an upward trajectory after witnessing significant developments over the past one and a half years. The sector is set to reap the benefits of the reforms which began in May, 2016 with the notification of the Real Estate (Regulation and Development) Act, 2016 (RERA). RERA has since enhanced investor confidence, paving way for more structure and transparency in the sector. Further, the rolling out of the Goods and Service Tax (GST) has been claimed to bring more clarity in the process, by clubbing many different taxes into one. The combined effect of all these reforms has been an increase in real estate transactions involving buying, selling, leasing and financing of properties. However, the increase in these transactions has also led to an enhanced understanding of the risks involved while undertaking such arrangements. It is at this stage of identifying and minimizing the risks that ...
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NRIs don’t need to Worry about their Legal Woes

The constraints of expatriate life make it challenging for a lot of Non-residential Indians (NRIs) to deal with situations, which are beyond their reach and control. One such situation is of course the handling of legal proceedings.  The legal ecosystem in India can discourage even those living in the country, considering the pendency and the hassles-- the delays, the appearances, the bureaucracy, the hearings, the adjournments, and the corruption. All this along with the constraints of non-residents having to travel back and forth to India and limitations of resources or time requires special legal assistance especially crafted for NRIs. And more so because legal cases involving NRIs may require engagement with multiple areas of law and dealing with the Indian authorities. For instance, they need advice on a hoard of subjects, ranging from investments, to regulatory and compliance, real estate acquisition and documentation, and dispute resolution.  NRIs should be able...
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