Legal Updates

File your responses for trade marks proceedings electronically for speedy processing

The processing of trade mark applications is done electronically and the ExaminationReport made available to the public on the IPO website. Accepted cases are automaticallypublished in the weekly Trade Marks Journal. Applicant's responses to the examination reportare also considered electronically by an authorized officer. While the office is taking steps todigitize all such received responses… Read More

IPR Trainings at National Institute of Intellectual Property Management (NIIPM)

Training Schedule of the NIIPM National Institute of Intellectual Property Management (NIIPM) is a Central Government Organization under the Ministry of Commerce & Industry engaged in conducting Training, Awareness programs on Intellectual Property Rights (IPR) i.e.  Patents,  Designs, Trademarks & Geographical Indications. Such IPRs are considered as a barometer of R&D activities, encourages technology transfer,… Read More

Oh Sorry ! Trademark registered by mistake

It has come to knowledge that in the trademark database, the  status of pending / registered trademarks have appeared wrongly in quite a number of cases possibly due to wrong entries in the system that has occurred over a period of time. A status change module has now been developed by NIC to allow certain authorized officials… Read More

Limitation period for setting aside Arbitral Award

Setting aside arbitral award Limitation for making an application for - Is period of limitation to be reckoned from the date a copy of award is received by the objector or from the date a signed copy is delivered by arbitrator Section 34  The period of limitation for filing an application under section 34 for setting… Read More

Tag: Arbitration

Right of shareholders to receive complete copy of B/S and P&L

[2010] 98 CLA (Mag.) Right of shareholders to receive complete copy of balance sheet and profit and loss account including Employees Statement T V Narayanaswamy Interesting legal issues often crop up on which there can be more than one view. It may be useful for any one faced with such issues to have them examined… Read More

Inflation to be upwards of 13 percent by end 2011

Mumbai, Apr 12 (PTI) Urban households expect inflationary pressure to sustain through 2011 and feel there may not be any softening of food prices, an RBI survey shows. While year end 2011 household inflation is expected to be 13.1 per cent, up from the perceived 11.8 per cent in December 2010, daily-wage workers and housewives… Read More

Government inviting comments on the proposed anti graft bill

New Delhi, Apr 12 (PTI) In the backdrop of uproar over corruption and blackmoney issues, Government has sought suggestion from people on a proposed anti-graft law which will facilitate extradition and prosecution of foreign public officials involved in bribery. In a public notification, the government sought views and suggestions of general public on the Prevention… Read More

Tags: anti-graft lawlokpal billprevention of bribery

Interactive Session with Regulators on Regulatory Overlaps

ASSOCHAM is organizing an Interactive Session with Regulators on Regulatory Overlaps On Wednesday, the 13th April, 2011 at from 11.00  a.m. to 1.00 p.m. at ASSOCHAM House, 47, Prithviraj Road, New Delhi Smt. Usha Narayanan, Executive Director, SEBI will be the Guest of Honour. The program would be followed by Lunch. There is no participation fee… Read More

Tag: ASSOCHAM

Compensatory Fines allowable as deduction under Income Tax

While Penalties have always been disallowed under the Income Tax Act, the recent judgment clarifies on allowability of compensatory fines paid to authorities. In a recent order, Income-tax  Appellate Tribunal, (ITAT) has held that fines paid to RTO is an allowable expenditure under the Income-tax Act. According to the provisions of the Income-tax Act, if… Read More

Tag: ITAT

Clarification Regarding Education cess under Service Tax

Circular No. 134 /3 / 2011 ST; F.No.354/42/2011-TRU; Since Education Cess is levied and collected as percentage of service tax, when and wherever service tax is NIL by virtue of exemption, Education Cess would also be NIL. [ CLR View: Ministry of Finance stating the Obvious...but when it comes to Revenue, nothing can be taken… Read More

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