The Powerloom Industry in India has formed a prime segment in the Textile community. The powerloom was technically inherited from the handloom sector and are considered as the successor to the handlooms sector. This formed a clustered and decentralised sector that paved the way for either a small or big powerloom sectors in almost every […]

Trade license is a certificate/ document that permits a company to carry on the business or trade activities in a particular municipal limit for which it is issued. In Delhi, Trade License is issued by the Municipal Corporation of Delhi (MCD) to traders and establishments to monitor and regulate the various trade activities at the

 Letter of Intent (LOI) is a short non-binding contract that precedes a binding agreement, such as a share purchase agreement or asset purchase agreement (definitive agreements).  There are some provisions, however, that are binding such as non-disclosure, exclusivity, and governing law. The main points that are typically included in a letter of intent include: Transaction