Five of the decisions people get wrong most often — company structure, rental agreements, where to file a complaint — set out column by column.
A Private Limited Company is governed by the Companies Act, 2013 and must be audited every year. An LLP is governed by the LLP Act, 2008 and needs an audit only above ₹40 lakh turnover or ₹25 lakh contribution. The deciding factor is usually funding: a Private Limited Company can take foreign investment freely, while an LLP needs FEMA approval.
See the full comparison →A lease transfers an interest in the property under the Transfer of Property Act, 1882. A leave and license grants only permission to use it, under the Indian Easements Act, 1882. A lease carries higher stamp duty and stronger tenant protection — ending it needs a court order — which is why most Indian residential rentals are written as leave and license instead.
See the full comparison →A partnership firm under the Indian Partnership Act, 1932 carries unlimited liability, is not a separate legal entity, and dissolves when a partner dies or exits. An LLP under the LLP Act, 2008 limits each partner's liability to their contribution, is a separate legal entity with perpetual succession, and must file Form 8 and Form 11 with the MCA every year.
See the full comparison →A consumer forum hears consumer disputes only. It charges a nominal fee, needs no lawyer, targets 90 days, and the District Commission handles claims up to ₹50 lakh. A civil court hears any civil dispute with no claim limit, but takes years and carries court and lawyer costs. Consumer complaints can be filed online through the e-Jagriti portal.
See the full comparison →An RTI application under the RTI Act, 2005 costs ₹10, goes to a Public Information Officer, and must be answered within 30 days — use it to obtain specific government records. A PIL is filed in a High Court or the Supreme Court under Article 226 or 32 to challenge government action or inaction, and runs for months to years.
See the full comparison →All content on Law Minded is for legal awareness and educational purposes only. It does not constitute legal advice. Laws and regulations change frequently, so always consult a qualified legal professional for advice specific to your situation. Law Minded is not a law firm and does not provide legal representation.
