Growing Business in India: Taking things beyond Liaison office
A Wholly Owned Subsidiary is recognized as a separate legal entity, thereby shielding the Parent company based in abroad from any harm or liabilities.
Perils of International Trade – Use of Bill of Lading for Sale of Goods
A significant portion of India’s trade depends on shipping transportation. Therefore, it is very important to take note of and understand the various elements involved in shipping transactions.
Funding Foreign Subsidiaries In India through External Commercial Borrowings
ECB are commercial loans that an eligible entity in India can raise from foreign investors. In light of the recent relaxation issued by Reserve Bank of India (“RBI”), ECB has positioned itself as an attractive option for Indian entities seeking funding from foreign investors.
Legal Reforms to implement and expedite S. 138 of NIA cases
Supreme Court has recently come out with guidelines on how to expedite S. 138 Of NIA cases. Welcoming the step, the authors Krrishan Singhania and Chirag Chachad give suggestions on how the law stands today and what jurisprudence has to be applied so that cases get disposed of faster.
RIGHTS OF AN ARTIST IN A COPYRIGHT WORK
Copyright registration helps copyright owner claim immediate relief. Since, copyright registration is not compulsory under law thus protection is given for even an unregistered copyright work. However, the burden of proof then lies on the owner to prove that the work is his original work.
EMERGENCY ARBITRATION AND INTERIM RELIEF
This article analyses the concept of emergency arbitration in India, its recognition and the difficulty in enforcing emergency arbitral awards in India. Section 9 applications for interim relief will grant relief relatively faster. Thus, parties should consider filing a section 9 application for urgent relief instead of enforcing an emergency arbitral award.
REMOTE NOTARIZATION OF DOCUMENTS
Notarization is an official process for verifying the authenticity of a document. In India notarization is performed under the Notaries Act of 1952. Under Indian Law, a document needs to be notarized to be valid. Thus, a person has to be physically present in presence of a notary authorized by the central or state government. […]
INCREASE OF DOMAIN NAME DISPUTES DURING THE PANDEMIC
Domain names play a vital role in business because it is being used by the public to identify businesses on the internet as it has become increasingly important to establish an online presence for credibility and ease of access to customers. Especially in light of COVID-19 when businesses are embracing the digital space, many individuals […]
Union Budget 2022 – 2023
Budget 2022-23 presented by Hon’ble Finance Minister, Smt. Nirmala Sitaraman brought in micro level integral changes to promote macro level economic growth and welfare. To quote Hon’ble FM, “We are involving minimum government for maximum governance” and thus, highlights the strong commitment of country towards their trust-based governance for ease of doing business 2.0 in […]
Essential Elements in a Franchise Agreement
One of the most important business decisions that entrepreneurs often grapple with is whether or not to start their own independent business or start a franchise. Why is a franchise well suited to the needs of an entrepreneur? In franchising, the owner of a well-established business (“the franchisor”) grants another party (“the franchisee”) the right […]
