27 Feb 2018

From a tax perspective, 2017 was eventful for India. It witnessed application of GAAR (General Anti Avoidance Rules) from April 1, 2017, shifting of the indexation base year from 1981 to 2001[1] for the purpose of capital gains taxation, reduction in corporate tax rate to 25 % for companies having a turnover less than INR 50 Crores among various other tax reforms.>>

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21 Feb 2018

SEBI modified Foreign Portfolio Investment Norms

The SEBI, the capital market regulator in India had simplified and combined all portfolio investments under a common regulation in the year 2014 and collectively named them as Foreign Portfolio Investors (FPI). In terms of USD, net investments by FPI during 2016-17 both including in equity and debt was at USD 7,177 million demonstrating deep interest of foreign investors in Indian Capital Market.>>

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20 Feb 2018

Recently, while researching for a talk on IP strategies for start-ups, I realised that Intellectual Property (IP) experts tend to view this topic through pretty much the same lens through which they see IP for any other entity. Almost every article related to the topic of “IP for start-ups” essentially covered the importance of IP in general without distinguishing the fact that start-ups are different from larger, more established entities. While advising start-ups on IP, experts generally try to push start-ups to create and protect IP, ignoring their life-stage, financial situation and process maturity.>>

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13 Feb 2018

Year 2017 has turned out to be one of the most happening years in the history of Indian Trademark Law, which is not only for the progression of Start-ups, but also for the awareness, digitalization, effective processing and speedy registrations of Trademarks. The former year having undergone a sea of change with respect to legislative changes, faster processing of applications and a more transparent and digital friendly approach towards protection of Trademarks, demands a quick recap on some of highlights of 2017.>>

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07 Feb 2018

The year of 2017 saw some major developments in the Indian Copyright system, of which the merger of the Copyright Board with the Intellectual Property Appellate Board (“IPAB”) through the Finance Act, 2017 (came into force on 1st April 2017) was a significant highlight. As part of the Finance Act, 2017, certain sections of the The Copyright Act, 1957 (hereinafter, “the Act”) and The Trade Marks Act, 1999, were also amended, to primarily replace the Copyright Board with the Appellate Board, and related references, with a view to create a single forum.   >>

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06 Feb 2018

Consultation Paper issued by SEBI, proposing to bring Amendments to the SEBI (Investment Advisers) Regulations, 2013

Securities and Exchange Board of India (SEBI) has issued a consultation paper on January 02, 2018 as a precursor, before introducing amendments to SEBI (Investment Advisers) Regulations, 2013. The primarily it intends to address the issue of “conflict of interest” while “advising” on investment products and simultaneously “selling” of investment products.>>

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02 Feb 2018

Patent Related Developments in 2017

The year 2017 saw several positive changes to India’s IP landscape. These include the Government’s efforts to promote IP protection and awareness, DIPP’s scheme of Modernization and Strengthening of Intellectual Property Offices[1], steps taken by office of the Controller General of Patents, Designs and Trademarks (CGPDTM) to streamline the process of filing and prosecution, and issuing of revised guidelines for examination of Computer Related Inventions. Further, Indian courts too interpreted patent laws more liberally than before.>>

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24 Jan 2018

Insolvency Resolution Process: Enhanced Checks and Balances

The Insolvency Resolution process regulation were recently amended[1] to ensure that resolution plan proposed for Corporate persons under Insolvency & Bankruptcy Code, 2016 (“Insolvency Code”) shall contain certain details of resolution applicant and other connected person to assess the credibility of such persons. Further, the amended regulation also provided for submission of all resolution plans to the Creditors committee along with the details of preferential transaction, undervalued transactions, extortionate credit transactions and fraudulent transactions to enable the Creditors’ committee to make an informed decision.>>

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