The Enterprise Wealth Journal | DialEzee

  Is a Verbal Agreement Legally Enforceable in India? 🗣️📜 "I made a deal with my business partner verbally, but now they’re backing out! Can I take legal action?" 🤨💼 Verbal agreements happen all the time, but do they hold any legal value in India? Let's find out! ⚖️🔍 #️⃣ #VerbalContracts #BusinessLaw #LegalAgreements #KnowYourRights ✅ Are Verbal Agreements Legally Binding in India? The short answer: YES! 🏛️✅ But with some conditions! 🔹 Indian Contract Act, 1872 recognizes both written & verbal agreements 📜🤝 🔹 Must Have Essential Elements – Offer, acceptance, consideration (payment), & mutual consent 💰📑 🔹 Proof is Key! – If there’s no written contract, you need strong evidence 📸📩 💡 Without proof, enforcing a verbal contract can be tricky! 🤔🚨 #️⃣ #OralContracts #ContractEnforcement #IndianLaw 🚨 When is a Verbal Agreement NOT Enforceable? ⚠️ When required by law to be in writing – Property sales, wills, loan agreements, etc., must be writte...

  Can a Startup Run Without Registering a Company in India?" 🚀📜 | #StartupIndia #LegalBusiness #Entrepreneurship 🤔 Question: "I'm launching my startup but not sure if I need to register a company right away. Can I legally run a business without registration in India?" 🤷‍♂️💼 #StartupQuestions #LegalAdvice #BusinessSetup ✅ Answer: Yes, you CAN start a business without registering a company —but it depends on your business model and goals. Let's break it down. ⚖️📜 #StartupTips #BusinessGrowth 🔹 1. Can You Operate Without Registration? 🤝💰 ✔️ If you're running a small business as a sole proprietor , you can start WITHOUT registering a company. ✅ ✔️ However, you may still need GST registration , a trade license , or other local approvals. 📜🏢 ✔️ You can operate using your PAN card and a current bank account . 💳🏦 📢 Tip: If you’re serious about scaling, registering gives you credibility & legal protection . 📈⚖️ #BusinessLegality 🔹 2. When Should...