Any separate legal entity incorporated in India in the form of any of the following: Section 8 Company Society Private Limited Company Public Limited Company Limited Liability Partnership Also, such an applicant should be recognized as a Start-up in consonance with the G.S.R. notification 180(E), i.e. definition of a ‘Start-up’.

Two of the prominent Confectionery companies are now busy voicing their stands in the District Court of US for trademark infringement.

The plaintiff’s company was incorporated in 1996 to manage the artist’s escalating career.

There are over 40 businesses who have used the Chinese characters in Trump in company registrations.

Internet has not only empowered Web-based companies, rather its scope is much tremendous.

Trademark is the Soul Chief Marketing Head of a company.

It should be according to the double entry system of accounting where it shall maintain the similar books of account at the registered office of the company.

The Name of the LLP needs an approval from the Registrar of Company.

What is a Private Company?

Public Company According to the Companies Act 2013, a public company is a company which is not a private company and has a minimum paid up capital of Rs.500000 or higher as prescribed in the agreement; meaning, the company which is not managed by a group of private individuals.

 To get a detailed insight to register a Partnership over an LLP, visit Partnership vs LLP vs Private Limited Company.

Can a Limited Liability Partnership(LLP) be converted into a One Person Company(OPC)?

Can an LLP be converted into Public Limited Company?

Similar to the private company, 2% EC (Education Cess) and 1% SHEC (Secondary and Higher Education Cess) levied on LLP in addition to the income tax.

The Companies Act, 2013 has introduced One Person Company (OPC) model by providing an opportunity to enter into a corporate world with a single person as member and having the privileges of a private company.

But for availing the exemption, LLP needs to file its accounts with the ROC (Registrar of Companies) which contain a statement of account and solvency by the partners to acknowledge the partners’ responsibilities for complying with all the requirements.

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Application required A detailed application for Striking of the LLP A copy of the detailed application is required to be made in eform 24 to the ROC (Registrar of Companies) stating the full details of LLP and reason for closing the LLP.

The applicant should qualify to be a startup and shall be incorporated as any of the following: (a) Society (b) Section 8 Company (c) Private Limited Company (d) Public Limited Company (e) Limited Liability Partnership Moreover, they need to fulfil four parameters, which are: (a) Number of Years of establishment: At least 2 years or a Sanction Letter (b) Number of incubates enrolled or graduated: Minimum 20 or 5 in case of Sanction Letter (c) Infrastructure: Minimum of 5000 sq.

Take a look at the pie charts The chart shows the market share for different smartphone companies in India in 2013   The above chart shows the market share for different smartphone companies in India in 2015 Apple has managed to double its share in India over the past two years.

Is it a new trend for Bubble companies in 2017!

Its various characterstics like agility, availability, performance etc adds value to the company’s reputation.

One of the top companies in Long Island, Kiss Nails wants Rihanna to dispel the singer’s new fragrance.

That means the company received 12 times more subscription offers than there were shares to offer to the public.

In case of Acquiring a company it is fine to hold their market and make the terms and Condition according to your will.

Well, this H-1B visa policy can affect the companies, by this H-1B visa IT companies like Infosys, Wipro etc hire IT guys from India on economic salary, which saves the cost and grows their profit.

In an OPC the liability is limited to the company and not the members of the company giving the benefit of a Limited Company.

Though a Limited Liability Partnership possesses the flexibility of a Partnership and enjoys the benefits as of a Company, its major advantages and disadvantages are to be noted before opting your business as LLP.

The situation could change once some of the world’s biggest and most competitive companies enter the fray, as that would mean more competition; thereby, giving a boost to the hunger to continuously innovate.

Did you just get your company registered?

Here is the difference: Coca Cola, Marlboro, Citibank, Peugeot, Mercedes and Jaguar fall under trademarks distinguishing goods/services belonging to the respective companies/manufacturers from that of competing businesses; whereas Darjeeling Tea (Darjeeling), Mysore Sandal soap (Mysore), Cognac (Cognac, France), Tequila (Tequila, Mexico) and Champagne (Champagne, France) help the consumer identify the particular geographical origins of these products that make them distinctive in the public mind.

This is available for those companies which have a turnover of 50 Crore.

Micro, Small and Medium Enterprises (MSME) Registration provides benefit to the individual/companies who fall under the investment limit decided by the Government.

Since the two companies belong to the same industry and offer some identical services, it is very unlikely that Paytm was not aware that the mark PayPal was already being used before it.

You might think that setting up a business requires setting up a formal structure like a Private Limited Company, some luck and money more than anything.

SunEdison, the Missouri based power company intends to invest $ 4 billion to build a solar panel factory in India.

For example, it is common to find start-up entrepreneurs thinking it will be doable to protect their companies’ “ideas” or business names through copyright, which, according to them, automatically translates to brand and business protection as a whole.

Ltd. is a Japanese stationery company, came to existence in 1913.

But Sole proprietorship is an old-school concept whereas One Person Company is a B-School concept.

Things to consider before Filing an International Trademark Application International trademark applications are filed keeping commercial interests in mind, and hence, before you decide to file for the same, it is important you consider certain factors before taking the plunge: If your company has a substantial revenue stream, a solid consumer baseand a key target market meeting growing needs of consumers in the countries you wish to register your trademark in Viability of conducting business operations overseas – whether you have potential distributors, manufacturers or partnerships to be entered into to leverage your business internationally Where counterfeiting and piracy are rampant, you may choose to go for “defensive filings” to prevent your trademark from getting further diluted Taking these factors into consideration at the outset will help you avert possible roadblocks in the process ahead, The Madrid Protocol – India’s key to Obtaining International Trademarks The international registration of trademarks is governed by the Madrid Agreement (1891) and the Madrid Protocol (1989)and administered by the International Bureau of the World Intellectual Property Organization (WIPO) located in Geneva, Switzerland.

For example, it is common to find start-up entrepreneurs thinking it will be done to protect their companies’ “ideas” or business names through copyright, which, according to them, automatically translates to brand and business protection as a whole.

Accordingly, any contract or arrangement made between a private company and the exempted entities such as a holding company, subsidiary companies, associate companies and subsidiaries of a holding company to which such private company is also a subsidiary shall not require approval from Board of Directors or a shareholder approval in some cases.

However, the company is required to enter into various contracts prior to its incorporation also.

Closer home, copyright and trademark infringement cases slapped on ‘Flipkart Discounts’ by giant e-commerce company Flipkart and by PayPal against Indian mobile payment app Paytm respectively, are some fresh cases of IP disputes in the current start-up industry.

Invitation, acceptance & repayment of deposits of the companies described in of the companies Act, 2013 Sec.73 to 76 Companies require funds for expanding their business activities due to comprehensive business environment.

In addition, recovery actions through the Sick Industrial Companies (Special Provisions) Act, 1985 and the winding up provisions of the Companies Act, 1956 has not been in favour of lenders.

The Corporate Veil of a company can be lifted in certain circumstances only.

A Company under the Companies Act, 1956 / 2013, a Partnership Firm or a Limited Liability Partnership) shall not be more than five years old; Its annual turnover should not have exceeded INR 25 Crore in any preceding financial year; and It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property.

In order to become a Trademark Attorney/ Trademark Agent, the person needs to (Qualifications to become a Trademark Attorney): Pass a qualifying examination which is conducted by the Trademarks Registry or Be an Advocate within the meaning of the Advocates Act, 1961 or Be a member of the Institute of Company Secretaries of India.

The Ministry of Corporate Affairs has amended the Companies (Incorporation) Amendment Rules 2016 as an amendment to the Companies (Incorporation) Rules 2014.