Analysis on the recent developments with regard to regulation of online gaming in India
Online gaming can be reasonably considered as one of the major growing sectors in the media and entertainment industry of India. As per recent statistics, India has been known to possess 507 million gamers and more than 900 companies involved with the gaming sector. Further, it has been estimated that the Indian gaming market shall […]
Maternity Benefit Act, 1961: Understanding the rights, duties and liabilities of an employer and an employee
Background The word ‘maternity’ in India is often associated with financial hardship. This makes it difficult for women in India to live their daily life as they are deprived of basic health care, which further leads to undue mental stress and unaffordability of basic care. In addition to the above, if the woman is in […]
Navigating Global Privacy Regulations: A comparative analysis of GDPR, CCPA, and India’s IT framework
INTRODUCTION In the present digital age, protecting personal data has become an increasingly important issue for all individuals as well as corporations across the globe. Information and data of individuals as well as corporations are used as a commodity all over the world, leaving almost no room for privacy of data. Therefore, governments and organisations […]
A brief analysis of ‘Related Party Transaction’ pursuant to the provisions of the Companies Act, 2013 and Securities Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulations 2015
Introduction: Related party transactions (RPTs) occur between two or more parties which have a pre-existing relationship, such as a parent company and its subsidiaries, or two companies having common directors or significant shareholders to each other either monetarily or non-monetarily. Transactions that occur with related parties may be with respect to purchase or sale of […]
Convertible Note – An efficient instrument of fundraising for startups and early stage companies
Introduction: During the initial phase of operation, start-ups are prone to high risk of failure and therefore it is of utmost important for these start-ups to heavily focus towards unique innovation, regular development and efficient improvement of their business model. It is customary for most start-ups to face the challenge of incurring heavy expenditures with […]
Trademark: The key to protect the identity of a business
INTRODUCTION Pursuant to section 2(1) (zb) of the Trademarks Act, 1999 (“Trademarks Act”), a ‘trademark’ is defined as “a mark capable of being represented graphically and which is capable of distinguishing the goods or services of one person from those of others and may include shape of goods, their packaging and combination of colours.” Generally, […]
Debt Resolution Plan: Essentials & Rules
What is a debt resolution plan? A debt resolution plan is [1] a recovery strategy for a corporate debtor (CD) facing bankruptcy. It is a report that focuses on legal, financial, management, and technical strategies to help the CD get back on its feet and is based on the information memoranda given by the Resolution […]
IRDA and their attempt to simplify the field for Private Equity Participants: An Overview
Introduction: Insurance Regulatory Development Authority (“IRDA”, “Authority”) was formed under the Insurance Regulatory and Development Authority Act, 1999 (“IRDA Act, 1999”) as a statutory body that has the “duty to regulate, promote and ensure orderly growth of the insurance business and re-insurance business.”[i] Private Equity funds primarily invest or acquire a stake in those companies […]
Metaverse and it’s impact on society
INTRODUCTION The 21st century has seen a rapid rise in the use of the internet. The developing versions of the wide web made human life easier by facilitating access to free information, rapid interactive communication, exchange of data and global media coverage. The word “metaverse” is a combination of the prefix “meta,” which means “beyond,” […]
Passing Off: General overview and protection under the trademark law
Introduction to Passing Off It is quite common in today’s news articles to observe statements such as ‘Shop owner sells low grade products with logo of branded company’ or ‘Poor quality products passed off as branded’ etc. Even though the term ‘passing off’ is sufficiently being heard and referred to, however it still remains unclear […]