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India’s Carriage of Goods by Sea Bill The Carriage of Goods by Sea Bill, 2024, introduced in the Lok Sabha on August 9, 2024, seeks to overhaul India’s maritime cargo laws by replacing the nearly century-old Indian Carriage of Goods by Sea Act, 1925. This Bill aims to align Indian…
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A guideline for Cryptocurrency regulation in India Cryptocurrencies have gained significant traction worldwide as a disruptive financial innovation. In India, however, their rise has been met with legal uncertainty, regulatory challenges, and skepticism from the financial sector. This article examines the evolving legal framework surrounding cryptocurrencies in India, discussing key…
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Indian Patent Amendment Rules The Patents (Amendment) Rules, 2024, which came into effect on March 15, 2024, represent a significant overhaul of the Patents Rules, 2003, with the objective of aligning India's patent system with international standards while also addressing procedural challenges that have impacted applicants and patent holders. These…
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Future Prospects of the Indian Insurance Sector The Indian insurance sector began its journey in 1818 with the establishment of the Oriental Life Insurance Company in Calcutta, under British regulatory frameworks. The sector has undergone significant changes since then, especially after India gained independence. The formation of the Insurance Regulatory…
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Evolution and Provisions of the Bharatiya Sakshya Adhiniyam (BSA), 2023 The Bharatiya Sakshya Adhiniyam (BSA), 2023, represents a significant legislative milestone in India's legal framework, updating and modernizing the Indian Evidence Act (IEA) of 1872. While retaining the core principles of the IEA, the BSA introduces crucial changes to address…
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A Comprehensive Analysis of the Bharatiya Nyaya Sanhita, 2023 The legal landscape of India has witnessed a significant transformation with the enactment of the Bharatiya Nyaya Sanhita, 2023 (BNS), which replaced the archaic Indian Penal Code, 1860 (IPC). This monumental legislative reform marks a departure from colonial-era laws and heralds…
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Indian’s New Criminal Law Bills In a landmark move, Union Home Minister Amit Shah introduced three revised Bills on December 12, aiming to replace archaic British-era criminal laws that have governed India for decades. The proposed legislation includes the Bharatiya Nyaya (Second) Sanhita Bill, 2023; Bharatiya Nagarik Suraksha (Second) Sanhita,…
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Trademark laws and Regulations in India A trademark serves as a distinct identifier for a company, its products, or services, distinguishing them from competitors. This can encompass words, signs, symbols, graphics, or a blend of these elements. Examples include Louis Vuitton's Damier Pattern, Cadbury's trademarked purple color, and Coca-Cola's unique…
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Intellectual property for Life Sciences: India “The history of patents includes a wealth of attempts to reward friends of the government and restrict or control dangerous technologies.” ― James Boyle In India, Patents are permitted in all fields of technology. The components deciding the patentability of innovation change for various technologies.…
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Dealing and trading with gold in India India is the second-largest consumer of gold in worldwide. Indians are well known to keep their savings in gold as physical coins or as jewellery. In India, the annual demand of gold is approximately 800-900 tonnes over past years. Another interesting fact in…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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India: Defenses against the charge of Forgery Introduction We have all heard of the saying that imitation is the best form of flattery; however, when it results in damage or injury to the public or an individual, it becomes punishable under law. One such example is that of Forgery. Forgery…
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India: Liquidated Damages Background: An amount that a contracting party offers to pay or a deposit that he agrees to forfeit if he breaches any promise, and both are technically recoverable or retainable as negotiated penalties if the violation happens, having been arrived at through a good faith attempt to…
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Comparison of joint venture laws of India with UAE and Singapore For a long time, one of the main fields of concern for economists all over the world has been the industry. With money on the line, people are always looking for new ways to increase income; whether it's a…
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