The situation for Pinterest may turn out to be graver than it currently is, with Premium Interest Ltd. gearing up to register the trademark PINTEREST in Australia, New Zealand, Brasil, Turkey, Malaysia, South Korea, India and Japan.

The Government observed that a critical improvement is required in the credit market regime and a reform in the laws related to insolvency and bankruptcy can only help to bring back the confidence of the creditors to invest in creditors market.

The recent India has observed the Corporate Veil lifting by the Debt Recovery Tribunal when a consortium of bankers has urged for piercing the protection for Vijay Mallya assets in Kingfisher Finvest’s Insolvency.

To become eligible for the Government scheme announced following are the eligibility criteria: An entity incorporated or registered in India (for ex.

If a trademark application has been filed on an intent-to-use basis without being aware of the fact that the trademark is already in usage in India, an application can later be filed to amend the date of usage and put in the actual date of the use of the mark.

  The key highlights of the third amendment are noted below: Natural Person: In the incorporation of One Person Company, a Resident Indian Citizen shall not be member or nominee of more than a One Person Company at any point in time.

Thwart takeover bid Diminish the capital structure of the company by writing off capital which is not supported by assets Future use: The repurchased shares can be used in the future at the time of any merger and acquisition without raising the capital Legal provisions for repurchasing shares In India, the repurchasing of shares are governed under various rules and Acts.

Companies against which prosecution for a serious offence is pending in court Companies which have accepted public deposits that are either outstanding or the company is in default as the payment is due for the same Companies having secured loans or management disputes Companies in which court or Company Law Board stays filing of documents (CLB) or Central Governmen or any other competent authority Companies have dues towards Income Tax/Sales Tax/Central Excise/Banks or Financial institutions or any other Central or State Government Departments or authorities or any local bodies.

What are the rights and duties of a Designated Partner of an LLP Mutual rights and duties of the members are governed by the agreement between the partners or between the LLP and its partners subject to the provisions of the LLP Act 2008.

It contains or comprises of any matter likely to hurt the religious susceptibilities of any class or section of the Indian citizens.