Business entities need agreements to ensure that providers of goods and services are legally bound. Having a written agreement ensures that there is a reference point. Every agreement should be tailored to suit the individual needs for each business.
Instituting a civil suit as a result of breach of contract could seem like the best option when the party in breach of the contract is not willing to rectify the breach or perform their part of the contract. However, there are factors you need to consider before filing the suit.
Extension and renewal of leases is governed by the Land (Extension and Renewal of Leases) Rules, 20l7 which provide for the manner and timelines in which a landowner is to be notified of impending expiration. A lessee can apply for extension at any time before expiry of a lease.
A business name is a valuable asset that helps customers identify you and your goods or services. Once you have settled on a name, it is advisable to conduct a search on its availability on the e-Citizen platform after which you can reserve the name.