Term of Protection 20 Years 60 Years Registration Must be registered to attain protection Protection is attained automatically. although registration makes it easier to prove ownership Governing Act Indian Patent Act (amendment), 2005 Indian Copyright Act,2005 Note: Software source code and the invention can obtain both patent and copyright protection in India.

The registration of Patents in India is controlled and looked after by the Controller of Trademark and Patents.

  Patent Act Evolution in India The first Patent based law enforced in India was in the year, 1911.

A limited company is the most common business structure in India.

Further, the decision of the NCLAT can be challenged only before the Supreme Court of India. A

The concept of Gratuity Payment The payment of gratuity is governed by the Gratuity Act, 1971.

Now, a Trademark Registration can be attained for any distinctive three-dimensional(3D) shapes under the Indian law.

Design Registration: Design registration in India allows registration of creations that are new and original features of the composition.

It is governed by the Controller General of the Patents, Designs and Trademarks in India.

For Company: Board resolution Trademark information sheet Power of attorney or authorisation form Soft copy of the mark, logo, colour combination Logo Trademark Process in India - (Step by Step) Logo Trademark registration can be done under 45 classes as prescribed by the NICE classification.

Controller General of Patents, Designs and Trademarks is the governing body for intellectual property in India and takes care of all the legal procedures related to it.

A Trademark Agent in India can assist clients in various matters related to trademark registration.

Process for withdrawal Once the application has been withdrawn voluntarily, the online application status in the Indian Trademarks Registry’s Website will be marked as ‘Withdrawn’.

  Related: How to Trademark a Slogan/Tagline in India Types of marks that you can register   Apart from brand names, you can apply for a registration of other types of marks.

DIR-3 Applicability All company directors must comply with the rules, irrespective of whether they hold office or not (including foreign directors of Indian companies).

Trademark registration can be done for slogans and tagline if they are distinctive and can identify the brand or the goods and services sold under it. Tag lines and slogans are vital elements in Ad Campaigns, as businesses hope that the public will recognise their brand along with their goods and services. This makes it important to secure and protect these brand assets.

However, the Indian laws allow such a type of assignment.

However, things aren’t as simple, and it’s impossible to register a trademark without paying the necessary non-refundable government filing fees, as specified by the Office of the Registrar of Trademarks, Government of India.

Most brands get a trademark registration in India and think the matter ends there.

Colour Marks in India In India, non-traditional trademark registration is still in its infancy, and there aren’t many legal precedents of colour trademarks registered in India.

Since Hashtags are too small to qualify for protection under the Indian Copyright Laws, the best way to secure rights is through a trademark registration.

The presentation of budget by the government made their intention towards SME sector clear.

The government Fees for filing an application of Well-known trademark is Rs.10, 000 and should be done along with the documents mentioned on the IP India website.

The Indian trademark law allows both these trademark applications.

Rejection of the Complaint RBI and Central government have vested power with Ombudsman to refuse the complaint which is filed with them, on the following grounds.

NBFC’s which are covered by the SARFAESI Act are: 196 NBFCs which are notified by The Ministry of Finance on 5th August 2016 All NBFCs having assets of more than Rs.500 crore according to their last audited balance sheet the Central Government informed certain NBFCs as public financial institutions under section 4A of the Companies Act,1956, such NBFCs are also allowed to exercise powers under the SARFAESI Act The value of security created and the amount of loan in favour of any NBFCs for the amount of debt should not be less than 1 crore.

NBFC’s primarily deal in the acquisition of stocks, debenture, and securities issued by the government or local authority they also deal in the business of advances and loans.

Indian economy thrives through the creation of small enterprises; they play a vital role in strengthening the Indian economy.

More on: Documents Required for MSME Registration Benefits of Udyog Aadhar A large number of enterprises in India are not registered because the process involved in the registration process is sometimes cumbersome and hence the small and medium enterprises in India are unable to tap on the benefits which are apportioned to them by central and state government.

India is a developing country, and hence MSME or SSI Enterprises are the backbone of Indian economy and are also leading to economic growth at a pace which is increasing day by day.

MCA has notified stakeholders and directors of the company regarding the penalties imposed on non-filing of AOC-4 and MGT-7. These changes come with the amendment made in The Companies (Registration Offices and Fees) Second Amendment Rules 2018.

According to the dictionary meaning of "Nidhi", it means treasure, but in the financial sector, it is a mutual benefit society which is notified by the central government as a Nidhi Company.

Many government-backed schemes have made it possible for most of the Indian population to have their own bank account, but the still certain population of India do not use banking facility.

It is a company which is registered under Companies Act and attains a license from RBI to carry on business which is similar to banking services, but they are not governed by regulation which is laid down for commercial banks.

Role of NBFC in recent times has become important according to its size in the Indian economy.

Five types of NBFC’s are in India based on their primary services: 1.

The problem arises when an unregistered well-known trademark is infringed, as there are no provisions protecting an unregistered trademark under Indian trademark act.

Assignment Cost Trademark Assignment Government Fees Quickcompany Pricing Before registration 900 4,099 After Registration 9000 13,499  

After the implementation of the GST taxation system on 1st July 2017, the central government has ruled out that filing the GST within time is extremely crucial.

The main criteria for GST are to improve the tax structure in India by creating one single tax collecting method.

The Indian lawyers predict a future full of lawsuits and legal actions.

The Indian manufacturers who are having annual turnovers of INR 1.5 crore are totally exempted from using the HSN code.

Once Friday midnight in parliament, central hall GST is finally announced by the governing body.

Being a businessman, it is a duty for to deal with such traders who will pay the taxes to the government after collecting it from you.

Power of Board Powers to be exercised by the Board of Directors in a Board Meeting as stated in Section 179, Sub – Section 3 of the Companies Act, 2013: The Board shall exercise following powers only by means of resolution passed in its meeting: to make calls on shareholders in respect of money unpaid on their shares; to authorise the buy-back of securities under section 68; to issue securities, including debentures, whether in or outside India; to borrow monies; to invest the funds of the company; to grant loans, or give a guarantee, or provide security in respect of loans; to approve financial statement and the Board’s report; to diversify the business of the company; to approve amalgamation, merger or reconstruction of the company; to take over a company, or acquire a controlling, or substantial stake in another company; Any other matter which may be prescribed.

The government fee for restoration is double the Renewal Fee.

  Cost for Individuals    GOVT FEES(E-filing) QUICKCOMPANY ATTORNEY Trademark Search / Consultancy NIL   Free Rs. 5,000 Trademark Filing Rs. 4,500 Rs 6,999 Rs. 10,000 Trademark Objection NIL Rs. 3,999 Rs. 12,000 Trademark Opposition Rs. 2,700  Rs. 14,999 Rs. 30,000 Total Cost   Rs 18,000 (Approx) Rs 58,000 (Approx) Cost for Companies   GOVT FEES(E-filing) QUICKCOMPANY ATTORNEY Trademark Search / Consultancy NIL Free Rs. 5,000 Trademark Filing  Rs. 9,000 Rs. 12,999 Rs. 10,000 Trademark Objection NIL Rs. 3,999 Rs. 12,000 Trademark Opposition Rs. 2,700 Rs.14,999 Rs. 30,000 Total Cost   Rs 30,000 (Approx) Rs 58,000 (Approx) NOTE: The Government fees is one time only, provided the Trademark has been filed correctly.

To register a Trademark in India, the following documents are needed  Adress Proof Brand Image Power of Attorney Board Resolution Address Proof The following 2 Documents are acceptable as Address Proof 1.

Key Disadvantages of The Indian Trademark Registration System: Repeated renewals Trademark registration is valid for a period of 10 years and needs to renew after every 10 years.

The table gives you an idea about the government cost of OPC registration: S.no.