As we are seeing global trends where countries are coming up with data protection policies, Govt of India also set-up a committee headed by Justice BN Shrikrishna to come up with Personal Data Protection bill framework which government can implement. While the draft bill is on lines of General Data Protection Regulation (GDPR) which was passed by the European Union ...
When will the GDPR come into effect? GDPR will come into effect from May 25, 2018 Who does GDPR apply to? GDPR applies globally and companies outside EU will have to comply with the Regulation if they process personal data of EU data subjects in connection with: “Offering of goods or services” (payment is not required); or “Monitoring” their behavior ...
Why Shareholders Have The Upper Hand ? Minority share-holders are those who have less than 50{06122e3a69f2011a565f88e0aeb17786618f68e9df77764f2353ddee6b5145e9} ownership of Equity Share Capital of a Company. These are small investors and do not have influence on decision making on functioning of company. Since only the majority share-holders have voting rights over the management and control of the company, the rights of the ...
Patent are techno-legal instruments that give exclusive rights to manufacture, use, sell, or import a product or service to the patent applicant. Usually, patents are sought to create a monopoly of a specific invention in the name of the patent-holder. A request for patent, in most cases, is received from: Business Owner with an idea or product to patent ...
Property Registration Agreement Property Registration Agreement (immovable) as defined in Section 2(6) of Registration Act, 1908 includes, “land, buildings, hereditary allowances, rights to ways, lights, ferries, fisheries or any other benefit to arise out of land, and things attached to the earth or permanently fastened to anything which is attached to the earth, Whenever a person acquires a property registration ...
IP Registration IP Registration Recent trends towards patents of big companies like Apple, Google, and Facebook are alarming. A news report revealed that Apple and Google invested $20 Billion in protecting their patent rights. This indeed shows the rising anxiety levels of Businesses when it comes to Intellectual Property. Let us try to understand why there is a need of ...
Startup India listing Startup Listing Norms On July 29, 2016 The Securities and Exchange Board of India (SEBI) released a discussion paper regarding changes to the startup listing norms. Startup India listing the regulatory framework for Institutional Trading Platform (ITP) was put in place vide amendments notified to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (ICDR Regulations) on August 14, ...
Register Trust A trust is an agreement between group of individuals (called trustees) to manage property (movable or immovable including intellectual property rights) over which they have control either to benefit other individuals (called beneficiaries) or for charitable purposes. This group of trustees may be incorporated as a board under the Charitable Trusts Act 1957 if the objects are charitable. ...
TradeMark Search Every business should always ensure that they get registered their brand with TradeMark Search authorities. Its understandable that Founders / Owners have limited bandwidth, resources to manage business and growth, however, registering a trademark is quite essential and non-registration of Trade Mark can cost a lot. Trademark is a recognizable sign, design or expression which identifies products or ...
Entrepreneurs Start-up is becoming a buzz word and rightly so. Our honourable Prime Minister also made a mention Start-up India in his speech on Aug 15, 2015. Every month about 8000 company incorporation happens and almost ten times ideas being emerged, discussed and debated. Upon incorporating company entrepreneurs focus on building business, hiring employees, meeting customers, deciding marketing plans, putting ...
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. Intellectual Property can be protected in law by, for example, patents, copyright and trademarks, which enable ...
Sole Proprietorship One of the easiest and simplest form to start a business in India is Sole proprietor. a CA or Sole Proprietor CA refers to only ONE owner. There may be employees or helpers hired under the owner, but there is only one a CœheadaC who administers, owns and runs the Business. A sole proprietorship is an unincorporated business owned managed and ...
Trademark Entrepreneurs building business should always ensure that they get registered their brand with Trade Mark authorities. Its understandable that entrepreneurs have limited time, resources to do everything, however, registering a trademark is quite essential and non-registration of TM can cost a lot. Trademark is a recognizable sign, design or expression which identifies products or services of a particular source ...
Due Diligence Property purchase in India require significant amount of due diligence to ensure that what you are buying carries a perfect title and the property is free from any charge. As the cost involved in purchase is high, its always good that all property buyers get due diligence of property done by a qualified expert. We at volody.com are ...
Cash is kind, very right said. Cash is very important for all the businesses. Funding is one of the key responsibility of an Entrepreneur, Business Owner and Corporate CEO. Well funded businesses grow much faster and help maintaining good morale and motivation level of all (employees, vendors and associates) this result in best in class product / service delivery, happy ...
Company Financial Statements Preparation of Accounts and Financial Statements is mandatory for all companies as per the Companies Act, 2013. Private Limited Company, Limited Company and One Person Company are required to prepare proper financial statements. Further, the Financial Statements are required to be audited by a Chartered Accountant and filed along with Annual Return to Registrar of Companies. Any ...
In India, there has been a Boom of Entrepreneurship over the Last Decade. People are willing to leave their comfortable, Safe Jobs and are opting for Risky but More rewarding Businesses. But the Major block faced by entrepreneurs is towards Financing their businesses, or when they are in need of Money for expansion. One of the Easiest way out is ...
Where there is a Will, there is a way. Who so ever coined this, would have never thought that this thought will pave its path so much so into the minds of the pople that Without a WILL, there is NO WAY. In the absense of a Will to indicate your left out wishes, the court steps in and distributes ...
Trademark Registration This is one inquiry that we get almost weekly by many entrepreneurs, fashion stylists and professionals, we thought we could make your life easier by clarifying the air and a step by step process on how to get your Trademark Registered in India. Trademark is a kind of a protected innovation or an Intellectual Property of an Entity ...