Tools
Tools
Several of the notes on this site end in a worked calculation. A tool is that calculation with its inputs exposed, so a reader can put their own figures in rather than reading ours.
What a tool is, and what it is not
- It is arithmetic
- Each tool applies one provision to the figures entered. It states the assumptions it makes and cites the section, rule or regulation it applies, on the same screen as the result.
- It is tied to a note
- A tool is published only alongside the note that explains the provision. The note is the reasoning; the tool is the sum.
- It stores nothing
- Figures entered stay in the browser. Nothing is transmitted, nothing is recorded, and no result is emailed. No tool asks who the reader is.
- It is not advice
- A tool takes no account of the facts of any particular matter. A figure it returns is information, not advice, and a reader with a legal issue must seek independent advice on their own facts.
The tools
Gratuity provision on a fixed-term cohort
Takes headcount, monthly wage and length of service and returns the gratuity now accruing where it previously did not, so the figure can be put in a provision.
SME IPO eligibility and the offer-for-sale cap
Checks an issuer against the eligibility conditions and returns the ceiling on the offer for sale as a proportion of the issue.
Settlement amount, indicative
Applies the stated factors and weights to produce the indicative amount and the range around it, showing each factor as it is applied.
SARFAESI timeline and the cost of delay
Lays out the dates that follow a demand notice and puts a figure on what each month of delay carries.
Attachment carrying cost
Returns what an attachment costs to carry through confirmation and appeal, by asset class and period.
Oppression and mismanagement petition timeline
Returns the eligibility threshold on the given shareholding and the sequence of dates a petition runs to.