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Name: Gaurav Patole

Batch: BLS. LLB. (V-V)

1. What qualities do you think a corporate lawyer should essentially have?


Ans.- Corporate lawyers are lawyers who work in business and provide legal advice and
guidance to businesses, communities and other organizations. A number of qualities are
required to be a successful corporate lawyer. Some of these qualities include:
1. Strong analytical and critical skills: Corporate lawyers must be able to analyze complex
legal issues and provide creative and effective solutions to clients.
2. Excellent communication skills: Corporate lawyers must be able to provide clients with
complex legal issues and advice clearly and concisely.
3. Business acumen: Corporate lawyers must have a good understanding of the business
world, including the financial, economic and regulatory environment in which their
clients operate.
4. Attention to detail: Corporate lawyers must be precise and detail-oriented because they
often work with complex transactions and contracts that require accuracy and precision.
5. Strong negotiation skills: Corporate lawyers must be skilled negotiators who can protect
their clients and secure favorable settlements and outcomes.
6. Ethical Standards: Corporate lawyers must have a strong sense of ethics and commit to
professional and legal standards.
7. Adaptability and Flexibility: Corporate lawyers must be able to adapt to the changing
business and legal environment and to the changing needs and demands of clients.
8. Interpersonal Skills: In-house lawyers must be able to work effectively with clients,
colleagues and other stakeholders, building strong relationships and collaboration.
In general, a successful corporate sweeper must have legal knowledge, business acumen and
personal skills to provide effective legal advice to clients in the corporate world.

2. Draft 5 clauses that you would include in a non-disclosure agreement.


Ans.-
1. Definition of Confidential Information. (a) As used in this Agreement, "Confidential
Information" means any information or data that is the property of the Disclosing Party
and is not generally known to the public, whether in tangible or intangible form, or
altered or modified. The Receiving Party or its agents (as defined herein) at any time and
in any manner disclosed, including but not limited to: (i) marketing strategies, plans,
financial data or forecasts, operations, sales forecasts, business plans and results. the
operations of that party, the past, present or future business activities of its affiliates,
subsidiaries and affiliates; ii) product or service plans and lists of customers or suppliers;
iii) any scientific or technical know-how, inventions, designs, processes, methods,
formulas, improvements, technologies or methods; (iv) all concepts, reports, information,
know-how, construction work, plans, development tools, specifications, computer
programs, source codes, object codes, flowcharts, databases, inventions, information and
trade secrets; (v) any other information that may reasonably be considered confidential
information of the disclosing party; and (vi) any information created by the receiving
party or its agents that contains, reflects or derives from the foregoing. To be classified as
Confidential Information, Confidential Information must not be new, unique, patentable,
copyrighted or a trade secret. The Receiving Party acknowledges that the Confidential
Information is the property of the Disclosing Party, has been developed and obtained with
great effort, and that the Confidential Party will treat all of its Confidential Information as
a trade secret.
2. Disclosure of Confidential Information. The disclosing party may from time to time
disclose confidential information to the receiving party. The Receiving Party: (a) limits
disclosure of Confidential Information to its directors, officers, employees, agents or
representatives who need to know such Confidential Information in connection with a
current or proposed business relationship. for the parties covered by this Agreement and
for this purpose only, (b) inform its agents of the ownership of Confidential Information
and the obligations set forth in this Agreement, require such agents to adhere to written
confidentiality restrictions no less strict than those set forth in this Agreement, and
assume full responsibility for any acts or omissions. of its agents, which are inconsistent
with this Agreement, with contractual obligations; (c) keep all Confidential Information
strictly confidential, using reasonable care, but no less than that which it used to protect
its own Confidential Information; and (d) will not disclose any Confidential Information
received to third parties.
3. Use of Confidential Information. The Receiving Party shall use the Confidential
Information only in connection with the existing or proposed business relationship
between the parties and for no other purpose than the purpose permitted in this
Agreement without the written permission of the authorized representative of the
Disclosing Party. No other right or license, express or implied, is granted to the party
receiving this Confidential Information. Ownership of Confidential Information remains
solely with the disclosing party. Any use of the Confidential Information by the receiving
party shall be for the benefit of the disclosing party, and all changes and corrections made
by the receiving party shall be the exclusive property of the disclosing party.
4. Compulsory Disclosure of Confidential Information. Notwithstanding the foregoing,
the Receiving Party may disclose Confidential Information pursuant to any
governmental, judicial or administrative order, subpoena, discovery request, regulatory
request or similar method, provided that the Receiving Party promptly notifies the
Disclosing Party in writing of such disclosure request. that the Disclosing Party may, in
its sole discretion and at its sole discretion, at its expense seek to establish a protective
order or other appropriate remedy against such disclosure to preserve the confidentiality
of the Confidential Information; provided that the receiving party will disclose only that
portion of the requested confidential information that it is required to disclose in the
written opinion of its legal counsel.
5. Terms. The contract is valid for two years (unless the contract is extended by one year, if
the parties are still discussing and considering the Transaction at the end of the second
year). Notwithstanding the foregoing, the Receiving Party shall maintain confidential
information disclosed during the authorization until further notice.
6. Remedies. Both parties acknowledge that the confidential information disclosed herein is
unique and valuable and that unauthorized disclosure of the confidential information
would destroy or diminish the value of such information. It would be impossible to
calculate the damage to the publisher resulting from the unauthorized transmission of
confidential information. Accordingly, both parties hereby agree that the disclosing party
is entitled to an injunction to prevent the distribution of the Confidential Information in
violation of the terms of this Agreement. Such injunctions are in addition to any other
remedies available at law or in equity. The disclosing party shall be entitled to recover
costs and fees, including reasonable attorneys' fees, incurred in obtaining such relief. In
addition, the winner has the right to recover reasonable attorneys' fees and costs in
disputes related to this agreement.
Other clauses of NDA are: 7. Return of confidential information. 8. Notice of breach. 9. No
binding agreement for transaction. 10. Warranty.

3. State 5 clauses that you would include in a service contract, which deals
with scope of work that is in reference to data analytics. Please also state
reasons for including the same.
Ans.-
1. Terms. The Agreement begins on the date both parties sign the Agreement and continues
until the completion of the scope of work specified in the Service Description such
period, as it may be extended or sooner terminated in accordance with the provisions of
Section 4, being referred to as the ("Service Period").
2. Termination. This Agreement may be terminated prior to the end of the Service Period
as follows: (a) by either Analyst or Client, by notifying the other party in writing at least
() days in advance; (b) the non-breaching party notifies the breaching party in writing
twenty-four (2) hours prior to written number of the other party's material breach; or (c)
at any time by the mutual written consent of the parties. Upon termination, the Analyst
shall be entitled to receive fees for services rendered that were not previously paid for
and, subject to the limitations in Section 3.2, for, expenses paid or incurred prior to the
effective date of termination, of which, are outstanding. paid in advance Such payment is
full payment of all Analysts client claims. If the Client's payment to Analyst exceeds the
services provided and (subject to the limitations set out in clause 3.2) 's expenses have
been paid or incurred before the date of termination, Analyst will promptly refund the
excess amount. amount to the customer. Such reimbursement shall constitute a full
settlement of all claims of the client against the analyst.
3. Cooperation. Analyst will use its best efforts to perform Analyst 's obligations under this
Agreement. Client will provide access to its information and assets as reasonably
necessary to enable Analyst to perform Analyst 's obligations hereunder. The analyst
must work cooperatively with the Client's personnel, must not interfere with the Client's
business activities and comply with all rules, regulations and security requirements
regarding the safety of the Client's person and property.
4. Limitation of Liability. Notwithstanding anything else contained in this Agreement,
neither party shall be liable to the other for any indirect, special, incidental, consequential
or punitive damages, including, but not limited to, loss of use, profits, lost anticipated
profits, damages. loss of business, loss of revenue or loss of product or output, whether
caused by this Agreement or the Service or the Service or related to or in connection
therewith and the actions of the parties. obligations hereunder, and neither party may
bring such claims against the other whether the claim is based or alleged to be based on
negligence (including sole, joint, active, passive or concurrent negligence, but excluding
gross negligence), damage, warranty tort, breach of contract, breach of contract, statute,
strict liability or other theory of liability.
5. Payment.
a. Service charges. For the Service, the Client will pay the Analyst $, per hour (the
“Service Fee”).
b. Expenses. Analyst is responsible for all business expenses incurred in or related to the
provision of Analyst services.
c. Invoices. The Client shall pay the Analyst the amounts specified in each statement or
invoice described in clauses 3(a) and 3(b) within () days of receipt thereof.
d. Profit. The Analyst is not entitled to any benefits, insurance coverage or benefits
provided to the Client's employees, including but not limited to health insurance, social
security, unemployment, sickness or pension payments.

4. Why do you think you are an ideal candidate for a corporate/legal in-house
internship position?
Ans.- I have all the necessary skills and qualifications for this internship. I am also a fast
learner and if I am selected for this internship, I can confirm that I will complete all the tasks
given to me during the internship. I am really good at communication, teamwork,
multitasking and am curious to learn new things from my senior colleagues. In addition, I
have a diploma in cyber law, which I believe will be useful to your company. A good
business analyst needs a wide variety of skills across multiple domains to be effective, and it
really is possible for a law student to make the transition from legal professional to business
analyst. Despite the fact that I have no prior internship experience in corporate law, I am very
interested in working with Think360. As per my knowledge, Think360.ai is a full-stack data
science and AI-focused firm with a view to creating innovative solutions using cutting-edge
technologies, advanced analytics, AI/ML, and mobile cloud computing. As I said, I don’t
have any prior internship experience in corporate, but at this point in my life, I want to
explore the corporate world.
I would like to learn about some interesting subjects from you, some of which are as follows:
Privacy and Data Protection: As a law student, I need to be familiar with the legal
frameworks governing privacy and data protection.
As I have heard about database management, I would like to know more about it.

5. State 5 recent developments in the field of FinTech's, BFSI, RBI regulations


with respect to VKYC and data privacy laws in India.
Ans.- Five recent developments in FinTech, BFSI, RBI regulations, VKYC, and data
protection laws in India and their impact on a data science-based private company like
Think360
1. RBI/VKYC Guidelines: The Reserve Bank of India (RBI) has enabled video-based KYC
authentication guidelines for onboarding customers far away. This is beneficial for
Think360 as it removes the need for physical KYC verification, making customer
onboarding easier.
2. Open banking: The RBI explores options for open banking in India. The open banking
service can give Think360 access to customer data from multiple banks, allowing them to
create more personalized products and services.
3. RBI Digital Payments Security Checks: The RBI has introduced the Digital Payments
Security Checks Framework to improve customer confidence in digital transactions. This
is beneficial for Think360, as it helps them maintain customer trust and minimize the risk
of fraud during transactions.
4. Personal Data Protection Bill: The Personal Data Protection Bill aims to protect the
personal data of Indian citizens. This legislation will have a significant impact on
companies such as Think360, as they must ensure that their data management practices
comply with the requirements of the Act.
5. Fintech Regulatory Sandbox: The RBI has launched a fintech regulatory sandbox to
allow startups to test their products and services in a controlled environment. This is
beneficial to Think360 as it allows them to test and improve their products and services,
ensuring they meet regulatory requirements.
Overall, recent developments in FinTech, BFSI, and data protection in India present
opportunities and challenges for a data science-based private equity firm like Think360.
While guidelines and regulations can help improve the customer experience and ensure data
protection, Think360 must stay abreast of the latest developments and ensure compliance
with legal requirements to maintain customer trust and grow business.

6. Tell us about a recent Supreme Court judgment you disagree with and why?
Ans.- One recent Supreme Court decision that has drawn much criticism is Anuradha Bhasin
v. Union of India, delivered on January 10, 2020. In a 3-2 decision, the court upheld the
government's decision to restrict communication and movement in the region. in the Kashmir
Valley after the removal of Article 370 of the Indian Constitution in August 2019.
A petition submitted by Anuradha Bhasin, Editor-in-Chief of Kashmir Times, questioned the
restriction of communication in the Valley, which severely affected the ability of journalists
to work. to operate to report the situation. The court considered the limitations justified from
the point of view of national security and forced the government to review the measures
periodically.
Many legal experts and human rights activists have criticized the judgment, arguing that it
undermines fundamental rights, including freedom of speech and the press. They claim that
the government's actions violate international human rights standards and undermine
democratic values.
I disagree with the decision of the Supreme Court. As per my knowledge, I think that
everyone has a fundamental right, including freedom of speech and the press; this judgement
violates that right.
In general, however, it is important to respect the fundamental right to freedom of expression
and freedom of the press as set out in international human rights law. The right to freedom of
expression includes, in addition to the transmission of information, the right to receive it,
which requires access to various sources of information, including independent media.
In this context, restrictions on communication and movement, including internet shutdowns
and restrictions on newspaper distribution, can have a chilling effect on the exercise of
freedom of expression and the press. Such restrictions may limit the ability of journalists and
the media to report on matters of public interest, including human rights violations, political
developments and social issues.
Furthermore, the absence of evidence of a direct effect on freedom of the press does not
necessarily follow from the absence of a restrictive or chilling effect. The indirect effects of
restrictions, such as self-censorship, fear of reprisal, and the silencing of dissent, can be just
as damaging to the free flow of information and the democratic process.
Therefore, responsible governments must always respect the right to freedom of expression
and the press, and all restrictions should be strictly tailored and proportionate to achieve a
legitimate goal. The media should be able to operate without fear of arbitrary interference,
and any attempt to restrict access to information should be subject to legal oversight and
control.

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