The Companies Act of 2013 replaced the erstwhile 1956 Act, giving a comprehensive approach to laws and regulations governing all listed and unlisted companies in India.
Broadly speaking, a limited company can fall under any of the following heads: Limited by Shares Limited by Guarantee Also Read: Types of Companies in India Company Limited by Shares Most commercial or for-profit organisations usually follow such a type of structure.
Significance of DIN The complete information of company directors in India is maintained through the DIN database, and any changes in the director’s information are to be necessarily updated.
Go to the homepage of the certifying authority (Government recognised service providers include Sify Safescrypt, e-Mudhra, and Capricorn Identity Services) with whom you have your DSC and log into your account.
It is important to note that during the winding-up process, the company is still a legal entity, and can enter into contracts or be sued under the provision of the Indian laws.
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.
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.
Trademark registration process in India has been changed the trademark office has brought in transparency and improved the efficiency of trademark filling.
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.
Quick Company in India has launched one of its kind image search tool which helps to find out similar logos, trademark availability, tracking status under one roof.
Process for withdrawal Once the application has been withdrawn voluntarily, the online application status in the Indian Trademarks Registry’s Website will be marked as ‘Withdrawn’.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).
You can submit your trademark application online through the IP India website, or you can get in-touch with QuickCompany.in's representatives to get your trademark registration filed.
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, 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.
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.
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.
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.
The schemes launched by the government are an endeavour which will benefit all the first generation entrepreneurs in establishing their business in India.