Prashaant enrolled as an advocate in the Bar Council of Maharashtra & Goa, with a keen interest in the areas of labour and employment laws, mergers and acquisitions, and general corporate practice area.
He has experience in rendering advisory and preparing documents in respect of private equity transactions by providing end-to-end support from the term sheet stage to carrying out due diligence and participating in negotiations of transaction documents for both buyer and seller.
He has extensive experience in preparing memorandums and legal opinions and rendering advisory on the queries under labour and employment law for businesses and corporates situated in India and abroad. Vetting, and drafting of employment contracts, appointment letters of employees of a managerial and supervisory position and have prepared employment manuals, handbooks, ESOP plans in accordance with the requirements of the clients situated in India and abroad.
He handled and negotiated issues related to termination of directors and employees for Japanese clients and Indian clients. Experience in drafting and vetting of various service agreements, business transfer agreements, business collaboration agreements, distribution agreements, agreements to sell, sale deeds, and other commercial contracts.
The Code on Wages, 2019 (“Code”) codifies and amends the extant laws related to wages, bonus and remuneration encashed to labour workforce in organised and unorganised sector of employment. It aims to simplify the implementation, enforcement and harmonise the labour law regime in India. The Code subsumes the following enactments upon its enforcement viz. (i) …
The Code on Wages: Addressing the Key Changes and Their Impact Read More »
These days, many people look out for safe and profitable investment opportunities to grow their earnings to get financially secured in future. Purchasing a property is considered one of the most attractive investment options because of its quick appreciation rates and the lucrative returns it offers on the money invested. However, the idea of buying …
Since the last few years, India has witnessed an immense wave of entrepreneurship by virtue of which numerous startup founders have gained recognition and fame which led them to be the front runners of their own ventures. However, most of these startups are bootstrapped and therefore, attracting and retaining good talent is a huge challenge. …
Recently, ‘moonlighting’ became a focal point of discussion amongst IT companies and emerging start-ups. Last month, Wipro, a leading tech giant, terminated 300 (three hundred) employees found ‘moonlighting’ by terming it as ‘an act of integrity violation’. Seeing Wipro’s stance, other IT companies such as IBM and Infosys have also issued strict warnings to all …
