LEXIS AND COMPANY

 What is RevOps and why it is important for your business? Sirius Decisions predicts that businesses with coordinated RevOps will have the highest chance of surviving over the next five years. According to research Sirius Decisions commissioned in 2019, there is a link between companies using the RevOps framework and revenue growth; S&P500 companies using the model saw a revenue increase of 19.5% compared to 7.3% for those not using it. Additionally, the survey noted improved average stock performance for companies that use RevOps as opposed to those that do not. According to the report's conclusion, "businesses with an aligned revenue engine grow 19% faster and are 15% more profitable. With the Successful implementation of RevOps, you can witness 10-20% 15-25% 19% 15% Increase in Sales Productivity Increase in Customer Satisfaction Faster growth More Profits So without further ado, let's explore RevOps in greater detail. Here is a summary of the topics we will cover i

  What is limitation of time to send legal notice Us 138 of NI Act ? Section 138 of the Negotiable Instruments Act, 1881 (NI Act) provides for a limitation period for sending a legal notice before filing a complaint for dishonor of cheque. According to the Section 138 of the NI Act, the payee or holder of the cheque must give the drawer (i.e. the person who issued the cheque) a legal notice, demanding payment of the cheque amount within 30 days of the receipt of cheque return memo. The notice must be sent by registered post or through a notary public. If the drawer fails to make the payment within 30 days of the receipt of the notice, the payee can file a complaint against the drawer for the offence of dishonor of cheque. The time for filing complaint is 45 days from the date of sending legal notice. It is important to note that, the limitation period of 30 days is mandatory and the payee must send a legal notice before filing a complaint under Section 138 of the NI Act, if the cheque

  What are the important sections of CPC ? The Code of Civil Procedure (CPC) is the primary law that governs the procedure for civil litigation in India. It lays down the rules and procedures to be followed in civil courts and tribunals. The CPC is divided into two parts: the first part deals with the jurisdiction and powers of the civil courts and the second part lays down the rules of procedure to be followed in civil courts. Here are some of the important sections of the CPC: Order 7 Rule 11: This section deals with the dismissal of a suit for non-payment of court fees. It states that if a plaintiff fails to pay the court fee required on a plaint within the time specified by the court, the suit shall be dismissed, unless the plaintiff shows sufficient cause for the non-payment. Order 8 Rule 6: This section deals with the procedure to be followed when a defendant admits the facts stated in the plaint. It lays down the procedure for the plaintiff to prove the facts admitted by the def

  What are the different types of bails ? In India, there are several different types of bail that a person can apply for, depending on the nature of the case and the circumstances of the accused. Some of the most common types of bail include: Regular bail: This is the most common type of bail, and it is granted by the court to an accused person who has been arrested and charged with a non-bailable offense (an offense for which bail is not a matter of right). The accused person must satisfy the court that there are reasonable grounds for believing that the accused is not guilty and that he will not abscond if released on bail. Anticipatory bail: This type of bail is granted by the court to a person who has reason to believe that they may be arrested in the future for a non-bailable offense. The purpose of anticipatory bail is to prevent the arrest of a person and to allow them to apply for regular bail after arrest. Bail bond: This is a type of bail where the accused person has to furn

  IN THE HON’BLE COURT OF SESSION JUDGE, __________ Sanjay son of Sh. _______                                                          ………APPLICANT/PETITIONER                          VERSUS State                                                                   ……….RESPONDENT                                                             1 st  Application for grant of Anticipatory bail U/s 438  Cr. P.C. in case FIR No.____ dated ____ U/s  285 IPC & 25 Arms Act  & 307 IPC (added later on),  P.S.______ Sir, That the applicant/petitioner has been falsely implicated in the above noted case though there is no any evidence with the prosecution to connect the applicant with the crime in question. That alleged FIR has been lodged at the statement of ASI of P.S. ________ stating as under:-“…………………………. To, the SHO, P.S. ________  Today I (ASI) alongwith ASI ____________ were present on crime & Petrol Duty at ______________ That as stated by the complainant in the alleged FIR admittedly

  How to compute court fee to be paid on plaint ? The court fee to be paid on a plaint (a document that initiates a legal proceeding) varies depending on the jurisdiction and the specific case. In general, the court fee is calculated based on the amount of the claim or the value of the property in dispute. In India, the court fee is calculated based on the Indian Court Fees Act of 1870. It is usually a percentage of the value of the claim or the property in dispute. It is advisable to consult with a lawyer or check with the specific court where the case will be filed to determine the exact court fee that needs to be paid. An example of court fee calculation in India would be as follows: Let's say an individual is filing a suit for recovery of money and the amount claimed is INR 50,000. As per the Indian Court Fees Act, the court fee to be paid would be 2% of the claim amount, which in this case would be INR 1000. Another example would be a suit for recovery of possession of immovab

  DOCTRINE OF WAIVER  BY NUPUR GARG INTRODUCTION  An individual possesses certain legal rights which are conferred upon him either by the constitution, statute or a contract. A Right can be defined as an interest or a claim which gives the individual the power to control the act of others, i.e., to make someone do or abstain from doing an act. An important question arises as to whether these rights can be waived. According to the doctrine of waiver, a person who is entitled to any right or privilege can waive off such a privilege, if he does so together with his discretion. This doctrine operates on the idea that a person is that the best judge of his interest under any legal liability, which he has the knowledge of the results while intentionally abandoning the privilege of such right. But, the doctrine of waiver doesn’t apply to the fundamental rights of the people guaranteed under the Constitution of India. the elemental rights were kept within the Constitution for the general publi

  DOCTRINE OF INCEDENTAL AND ANCILLARY POWERS BY NUPUR GARG INTRODUCTION  A doctrine is a principle, theory, or position that is usually applied and upheld by courts of law. In Indian Constitutional law also, there are different judicial doctrines that develop over time as per the interpretation given by the judiciary. Unfolding the meaning of the Doctrine of Incidental or Ancillary powers, it refers to the power given to the legislature to legislate on a particular subject which will also include the power to legislate even on the ancillary matters that are reasonably connected to the concerned subject. This doctrine is in addition to the Doctrine of Pith and Substance. The latter is invoked in situations when a subject of one list touches upon the subject of another list as mentioned in the seventh schedule of the Indian Constitution. That means the Doctrine of Pith and Substance deals only with subjects but the Doctrine of Incidental or Ancillary Powers deals with the power to legis