Do I Really Need an NDA (Non-Disclosure Agreement) for My Startup?” — Shhh! Your Ideas Deserve a Legal Lock ππ§ πΌ π‘Client Question of the Day: "Sir, should I bother signing NDAs with my team or vendors? Is it really necessary for a small startup like mine?" πOur answer: “Only if you love watching your brilliant ideas being pitched by someone else on Shark Tank! π¦π‘π
” π Answer – Yes, An NDA is Your Startup’s First Line of Defence! A Non-Disclosure Agreement (NDA) is a legally binding contract used to protect your confidential business information, intellectual property, financial data, client lists, code, strategies , and even your big “Next Unicorn” idea π¦. π #NDAIndia #StartupLegalTips #ProtectYourIdea #ConfidentialityAgreement #StartupIndia #BusinessLawBasics ✅ Why Every Startup Needs an NDA: ✔ Prevents idea theft π‘ ✔ Builds legal protection for your IP ✔ Creates trust & accountability ✔ Helps in investor due diligence ✔ Avoids future litigation ...
Is It Legal to Offer Unpaid Internships in India? πΌπ Or Is That Just Free Labour in Disguise?" π A frustrated intern once said: *"Sir, I worked like an employee but was paid like a ghost — ZERO!" ππ» And a startup founder defends: *"But we gave them experience and exposure!" π’π♂️ Let’s break this ‘experience-for-exposure’ myth legally! ⚖️π π Unpaid Internships in India – Legal or Loophole? ➡️ In India, the law is blurry – there’s no single statute that bans unpaid internships across the board. ➡️ But here’s the catch – if interns perform tasks like regular employees , they must be compensated. ➡️ Otherwise, it’s just glorified exploitation disguised as “learning”. π #UnpaidInternshipsIndia #LabourLawIndia #InternRights #StartupLegalCompliance π Legal Standards: ✅ Interns under structured academic/educational training (like from a college or university) MAY be unpaid — only for training purposes . ✅ But if they contribute actual produc...