INDIALAW LLP Interview Questions and Answers

Q1. What has been the most interesting task in your internship till date?
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Q2. I had to explain the task I worked on and my experience throughout the same.
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Q1. Tell me something about yourself ? Where did you grow up? Talk us about your family bg? How would you rate your hometown?
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Q1. Basic Company Law questions. Contract Act
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Q2. And completely CV based.
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Q3. Also about your publications
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Q1. Why do you want to join KCO
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Q1. What is difference between warranty and rep
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A warranty is a guarantee provided by a seller to a buyer regarding the quality and performance of a product, while a rep is a representation or statement made by a seller about a product or service.
• Warranty is a legally binding promise, while a rep is a statement of fact or opinion.

• Warranty provides assurance of product quality and performance, while a rep provides information about the product.

• Warranty is typically w...read more
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Drafting of contract clauses and emails.

Q1. Why do you want to switch.
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Q2. What all types of transactions have you worked on.
Ans. 
I have worked on various types of transactions including mergers and acquisitions, IPOs, debt financings, and private equity investments.
• Mergers and acquisitions

• Initial public offerings (IPOs)

• Debt financings

• Private equity investments
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Q1. What is insider trading
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Insider trading is the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.
• Involves buying or selling a security in breach of a fiduciary duty or other relationship of trust and confidence

• Based on material nonpublic information

• Illegal and unethical practice in the financial markets

• Examples include corporate executives trading based on nonpublic info
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Q2. What are the rules governing it
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Rules governing internships vary by company and industry, but typically include guidelines on work hours, responsibilities, and conduct.
• Interns are usually expected to work a set number of hours per week, often between 10-40 hours.

• Interns are typically assigned specific tasks and projects to complete during their internship.

• Interns are expected to adhere to company policies and codes of conduct, including dress code an...read more
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Q1. Technical questions in relation to the team you are going to be part of.
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Q1. More of a personality assessment, general questions on goals, etc
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Q1. Enforcement of Equitable Mortgage and Registered Mortgage
Ans. 
Enforcement of Equitable Mortgage and Registered Mortgage involves different legal processes and remedies.
• Equitable mortgage is created by deposit of title deeds while registered mortgage is created by registration with the land registry.

• Enforcement of equitable mortgage involves filing a suit for foreclosure or sale of the property.

• Enforcement of registered mortgage involves initiating foreclosure proceedings through ...read more
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Q2. Types of mortgage
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There are various types of mortgages, including fixed-rate, adjustable-rate, FHA, VA, and jumbo loans.
• Fixed-rate mortgages have a set interest rate for the entire term of the loan.

• Adjustable-rate mortgages have an interest rate that can change periodically.

• FHA loans are insured by the Federal Housing Administration and often require a lower down payment.

• VA loans are guaranteed by the Department of Veterans Affairs and ...read more
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