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Getting to Grant: Patent Prosecution in India
Patent prosecution is the centerpiece of the process of obtaining a patent. The proceedings during prosecution serve as important legal guidance on the patentability of the invention, and successful prosecution is key to ensuring that patent rights are protected. ...
CSR Amendment Rules, 2022
Corporate Social Responsibility (CSR) regulations in India require certain companies to mandatorily undertake CSR activities and spend at least 2% of their average net profit of the immediately preceding three financial years on CSR activities. ...
The Shelling of Shell Companies
Inactive corporations without significant operations or assets may commonly be used to disguise business ownership from government authorities and the public at large. This is a tactic which may often be used for purposes that are spurious—including the evasion of taxes and the illegal siphoning off of money. ...
RBI Digital Lending Guidelines: Safeguards Borrower Data Security
The Reserve Bank of India ("RBI") released its guidelines on Digital Lending on September 02, 2022 ("Guidelines") for immediate implementation from such date. The Guidelines are applicable to existing customers availing fresh loans as well as any new customers getting onboarded from the date of the circular. ...
The MeitY’s Guidelines on Data Anonymisation: A Sign of the Road Ahead?
India has witnessed a steep rise in digital adoption, culminating in an increased usage of networked payment infrastructures like UPI, coordinated healthcare and vaccination platforms like CoWIN and Ayushman Bharat and the like. At the same time, processing abuse poses privacy risks and other harms at an individual and collective level. ...
Hostile Takeovers in India – Part 2
The corporate landscape of India has been conservative in its dealings, as outright battles for control are a rarity as far as the field of M&A goes. In a world where most mergers or acquisitions take place on a cordial note, with both sides as willing parties, a hostile takeover would not have been imaginable even after Swaraj Paul’s infamous attempt to takeover Delhi Cloth Mills from the Shri Ram family and Escorts Limited from the Nanda family. ...
Fast Tracking through the Patent Prosecution Highway in India
Patents, like other forms of intellectual property, are jurisdiction specific. In other words, you obtain protection only in those jurisdictions where you have sought protection. The application process is long, and can stretch for months, or even years on end. While the end result, if successful, can be immensely satisfying and rewarding, the prospect of having to repeat this process in other countries can be quite overwhelming. ...
IS YOUR PERSONAL DATA AT A FLIGHT RISK?
Earlier this August (August 8, 2022), the Government of India notified the Passenger Name Record Information Regulations, 2022 ("PNR Regulations") in order to provide a defined framework for collection of specified details relating to international passengers travelling by air. ...
Protecting Well-Known Trademarks in India
Under Indian trade mark law, the term “well-known trademark” refers to a mark which has become so well-known to a substantial segment of the public through its extensive and continuous use such that its use in relation to any other goods or services by another party may be taken as indicating a connection between the two parties. ...
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