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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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Overlapping of Rights in India: Trademark vs Designs "When you brand yourself properly, the competition becomes irrelevant" …
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India: Minerals and Mining Laws and Regulations Introduction Oil and coal have been the most desirable commodities for economies around the world. A country that owns these has the potential to become a global superpower. Due to rising environmental concerns, however, governments are taking steps and measures to utilize more…
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Legality of the Unilateral Appointment of an Arbitrator India A unilateral appointment clause is an agreement that gives one of the parties the opportunity to choose between two available options to settle a dispute, while only one of the options is available to the other party. Whether Unilateral Appointment Clauses…
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India – Rise of Non- Performing Assets in the Banking Sector Introduction The foundation of any healthy economy is its banking sector. The basic function of a commercial bank involves lending and borrowing, while deposits into the bank are an asset; the advancement of loans involve a high degree of…
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Goods and Services Tax in India The goods and services tax is an indirect tax that is applied on the consumption, sale or manufacture of goods and services. The GST is charged on the supply of goods and services in the territory of India. The Central Goods and Services Tax Act in India…
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Deficient Services under Consumer Protection Act, 2019 (India) The Consumer Protection Act, 2019 (the “New CPA”) heralds the commencement of a new era in India concerning the consumer rights to be in sync with the new-generation consumer expectations. The modes of business like telemarketing, direct selling, multilevel marketing and e-commerce…
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Detailed FAQ on the Distribution and Import of Pharmaceuticals in India Distribution of Pharmaceuticals in India The Indian pharmaceutical distribution system has a limited number of orbits – the pharmaceutical manufacturers; the clearing and forwarding agents (CFAs/ depots); stockists; wholesalers; and retailers. Clearing and Forwarding Agents What constitutes the role…
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SEBI Portfolio Managers Regulation 2020 The Portfolio Management Services (PMS) industry had a robust growth of 18 percent Compound Annual Growth rate in the preceding five years, with assets under management (AUM) rising from INR 6.04 trillion to INR 13.7 trillion. Furthermore, disruptions in the market, including technological advances, have…
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