While the Companies Act, 1956 warranted that Central Government approved related party transaction conducted by companies under large cap category as per the Companies Act, 2013.

The Indian Government has shown its initiative to make business easier in India by introducing some effective measures in the Startup India Action Plan 2016.

According to the Indian law of trademark, a good trademark should have the following qualities: It ought to be anything but difficult to profess and recall in the event that it is word stamp In the event of a gadget stamp - ought to be fit for being portrayed by a solitary word.

According to Section 29 in ‘The Trademarks Act’ (1999), the Government of India lists the attributes that amount to Trademark infringement The tenacity of the mark The depth and the inner meaning of a trademark logo illustrates the strength of the mark.

Here is a brief on some of the major features of a Private Limited Company incorporated in India. 1.

The numerous common suffixes including: .org - Nonprofits .gov - Government agencies .edu - Educational institutions .biz - Businesses .net - Network related entities Domain names unfit for trademark registration There are certain restrictions while registering a domain name as a trademar. any domain name that does not represent any goods or services  if the domain name is just an address for a website stands unfit for being registered as a trademark standard domain names or terms used in a broader sense also lie unfit for registration as trademarks.

Eligibility to hold Sweat Permanent employee of the Company who has been working in India or outside India, for at least last 1 year Director of Company-Whole time director or not An employee or a director as defined in sub-clauses (a) or (b) above of a subsidiary (in India or outside India) or of a holding Company 2.

Apex body allotting DIN in India The Central Government (Office of Regional Director (Northern Region), Ministry of Corporate Affairs, NOIDA) is the apex body which has the power to allot the DIN.

In India, a trademark stands fit for removal from the register of trademarks under two scenarios.

Well, it seems a new concept for a developing country like India, but is a common means of tax collection in the developed countries.