As per the Indian law, trusts are registered under the Trust Act, 1882.

In India, the digital era is prevailing and the country’s new tax regime i.e.

The cuts have sent a powerful signal about the government intends to boost the economy and revive the sectors that have been most affected by the slowdown.

The Indian Patent office has provided an opportunity for registered trademark owners to make any corrections in the trademark certificate until 9th October 2019.

Passing-Off Of Trademark In India Passing-off action is described as one of the issues in establishing the trans-border reputation of the trademark which arises when an unregistered trademark is used by a person who is not the proprietor of the said trademark in relation to the goods or services How to protect the trans-border reputation of a trademark Section 27(2) of trademarks act, 1999 provides action for passing-off in order to protect the reputation of trademark:- Similarity of trademarks Deceptively passing of goods or services by the defendant which originally belongs to the plaintiff If the mark is likely to cause confusion among the public then also the action of passing-off will be instituted against the person.

Note:  Only tech companies as per SEBI will be able to issue DVR’s to the founders and promoters whose collective net worth doesn’t exceed 500 crores The Amendment The companies act and Companies (Share & Debentures) Rules were amended on August 16; where the government lifted the ceiling of DVR’s from 26% to 74% of the total paid-up share capital.

The government, in order to provide a support system to the Non-Banking Financial Companies, have rolled out a partial credit guarantee scheme.

Some of the business structures which is prevailing in India are as follows:- Sole Proprietorship A sole proprietorship is considered as one of the simplest forms of business.

The compounding businessmen will be taxed at the normal GST rate fixed by the government, under the reverse charge mechanism Circumstances for opting for composition scheme under GST The conditions for opting for composition scheme under GST are as follows: The businessperson opting for composition levy should be a registered person Turnover of a registered person in the preceding financial year should not exceed Rs 50 lakh.

Use of Impugned Mark The cases were filed by the TATA-SIA Airlines Ltd which was registered in India on 5th November 2013 and is a public limited company with over 5000 crores authorized capital.