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Cash-strapped Startups: Impact of COVID-19 on Indian Startups and Related Leg...

With the addition of more startups every year, India has developed and is witnessing one of the largest startup ecosystems in the world. While, the number of startups is on a continuous and stark rise, in May 2020, Nasscom was seen as reporting – “COVID 19 Impact – 9 out of 10 Startups Bleeding in India”. Majority of startups in India, are bleeding more so than ever before due to the grim economic condition of the country thanks to COVID-19. ...
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The recent months have amply shown us the importance of developing and maintaining healthcare infrastructure, whether digital or physical. Each day has seen us critically scan the statistics to try and understand the impact of the novel coronavirus ("Covid 19") on our towns and cities. The Government, in its turn, launched several apps and services such as Aarogya Setu, to control and monitor the spread of the disease. ...
In a recent order issued by the National Company Law Appellate Tribunal ("NCLAT") in the case of Sushil Ansal Vs. Ashok Tripathi , the NCLAT has held that a decree-holder cannot be treated as a financial creditor for the purpose of triggering insolvency proceedings against a company. ...
McDonalds, Subway, Pizza Hut, KFC, Domino's Pizza, and The Hard Rock Café - iconic brands, household names but above all, franchise behemoths. These franchises have made inroads to the farthest corners of the planet, from the barbed wire surrounding the single McDonalds in Cuba, Guantanamo Bay to Dominos’ Almond Citrus Seafood pizza in Vietnam. ...
The battle for the ownership of the trademark “Glow & Handsome” between two fast moving consumer goods (FMCG) giants continues. On 17 August 2020, Hindustan Unilever Limited (HUL) obtained an order from the Bombay High Court to temporarily restrain Emami Ltd. from using the mark “Glow & Handsome”. The Court ordered that at this early prima facie stage, it appears that HUL is ...
Criminal contempt has been recognized as the action of publishing any matter including by words, spoken or written, or by signs, or by visible representations, or otherwise, or any other act which (i) scandalises or tends to or lowers or tends to, the authority of any court; (ii) prejudices or interferes with due course of judicial proceedings; or (iii) interferes or obstructs the administration of justice in any other manner1. Criminal contempt is considered to create distrust in the popular mind and impair the confidence of the people in the courts, hence, the law has been put in place to protect the legitimacy and authority of the court. ...
The Indian medical device market is among the top 20 in the world and is expected to reach INR 794.29 billion by the end of 2023. Whilst highly lucrative, this market also presents a highly competitive environment. To stay ahead in the game, therefore, protecting one’s invention and ensuring its timely introduction in the market are key factors. ...
In the light of disruptions caused by outbreak of Covid-19, the Government of India has announced a slew of measures in the past few months. One such significant measure is the Ministry of Finance’s proposal to decriminalize thirty-nine minor economic offences including decriminalization of offence of dishonour of cheques under Section 138 of the Negotiable Instruments Act, 1881 (“NI Act”). ...
Arudra Engineers Private Limited vs Pathanjali Ayurved Limited- O.A. No. 258/2020 Order dt. August 08, 2020 by Madras High Court The pandemic has had a curious effect on businesses the world over. Total shutdowns of uncertain duration have had a debilitating impact on the economy, but equally, opportunists have tried to take advantage of the situation in any way possible. ...
In recent years, the Government has facilitated ease of doing business in India, and amongst the flurry of measures aimed at projecting a globally 'open for business' image have been the amendments introduced to the Indian Stamp Act, 1899 ("Act"), through the Finance Act, 2019 ("Finance Act"). ...
Besides the patentability requirements of novelty, inventive step, and being capable of industrial applicability, a patent application must also meet the enablement requirement in order to be granted. A patent application is said to be enabled if the application provides sufficient details that enable a person of ordinary skill in the related field to practice the invention. ...
Patent disputes that involve complex technologies cannot usually be resolved by judges alone. Training in the law is hardly sufficient to understand the nuances of the technology underlying a patent, and by corollary, makes it difficult to adjudicate on questions of patent infringement. For this reason, courts are allowed to appoint independent Scientific Advisors to assist in the understanding of the scientific or technical questions pertaining to the dispute in question. ...
In India, investment advisers ("IAs") are regulated by the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 ("Principal Regulations"). The Principal Regulations inter alia specify conditions for registration, certification, capital adequacy, risk profiling and suitability, disclosures to be made, code of conduct, records to be maintained, manner of conducting inspection etc. with respect to IAs. ...
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