What is the Steps Involved in Registering a Trademark in India?


This Post we give you a brief on what is Trademark, its meaning, requirement, meaning of register a trademark, step wise process of registration of trade mark, time duration, charges, information and documents required for registration. What are Trademark and its Importance.? If you’re starting a new venture, business or trade, a logo, name or signature is the first thing you choose to separate yourself from others. A “trademark” is that symbol you will use to do so. Registering a trademark is a legal procedure provided for under the Trade Marks Act, 1999. For getting a brand protected under the provisions of the trademark law one has to get one’s brand registered Benefits of Register a Trademark India: It creates prima facie evidence as to ownership of the mark and makes it easy to stop your competitors or third party from using similar or deceptive name. It helps to identify goods or services of one seller and distinguish them from good or services of others. Prevent competitors from copying the brand. Helps customers in identification of source or origin of... View Article


Compliance Under SEBI LODR Regulations F.Y 2017-18


SEBI – LODR Compliances for F.Y 2017-18 S.no Particulars Relevant section/ rules of ca 13 Listed companies Explanation and limited period 1 Submission a Compliance Certificate to the Exchange 7(3) Yes Submission of Compliance Certificate to Stock Exchange certifying that all activities in relation to both physical and electronic share transfer facility are maintained either in house or by Registrar to an issue and share transfer agent registered with the Board. SUBMIT : Within one month of end of each half of the financial year 2 Appointment / Alteration of Share Transfer Agent 7(5) Yes Company can manage in house Share Transfer Facility. But as and WHEN THE TOTAL NUMBER OF HOLDERS OF SECURITIES OF THE LISTED ENTITY EXCEEDS ONE LAC, the listed entity shall appoint Share Transfer Agent. Submit: Intimate to the Stock Exchange such appointment or alteration. within 7 days on entering into agreement 3 Grievance Redressal Mechanism 13 Yes The listed entity shall file with the recognized stock exchange(s) a statement giving • The number of investor complaints pending at the beginning of the quarter, • Those... View Article


Compliances for Listed Company under Companies Act – 2013


COMPANIES ACT – 2013 – COMPLIANCE’S FOR F.Y 2017-18 S.no Particulars Relevant section/ rules of ca 13 Listed companies Explanation and limited period 1 RECEIPT OF MBP-1 184(1) Yes Every Director of the Company in 1st Meeting of the BoD in each FY to Disclose his interest in other entities. Director will also submit MBP 1 whenever there is change in his interest from the earlier MBP 1. 2 RECEIPT OF DIR-8 164 (2) Yes Every Director in each FY to submit with the Company disclosure of non-disqualification. 3 Annual Return in E-form: MGT-7 92 Yes Annual Return (AR): Every Co. will file its AR within 60 days of holding of AGM. AR will be for the period 1st April to 31st March. In case of OPC: AR within 60 days of entry of OR in Minute Book. Note: AR of Every Pvt Co. or unlisted Public Co.(Except Small Co.) to be signed by PCS., if there is no CS appointed in Co. 4 MGT-8 92 Yes Certification of AR: Every Co. having paid up sh. Cap. of Rs.10 Cr. or... View Article


Analysis of Income Tax Section 269ST – Restrictions on Cash Payment


SECTION 269ST: Introduction and Provisions Cash form is the base for any business or profession. There is always continuous cash cycle to keep a business moving and enter all daily transaction. Cash transactions many times mean chances of tax avoidance or generation of black money. There are many sections under Income tax Act that governs the limits of cash transactions, MyCorporation Consultants Pvt Ltd examines few sections to elaborate on cash transactions and their respective limits. Introduction: A new section 269ST has been inserted into the Income-tax Act 1961 by the Finance Act 2017. It provided restriction on cash transaction to the tune of Rs. 3 lakhs or more. Recently, this limit has been reduced to Rs. 2 lakhs. In this article, an attempt has been made to analyse the provisions of section 269ST and its impact on taxpayers. Provisions of section 269ST: No Person shall receive an amount of 2 lakh rupees or more, in aggregate from a person in a day; in respect of a single transaction; or in respect of transactions relating to one event or occasion... View Article


New Rules for Trademark Registration in India


The Trade Mark Rules, 2017 have been notified and have come into effect from March 2017. These Rules, which replace the erstwhile Trade Mark Rules 2002, will streamline and simplify the processing of Trade Mark applications. Some Significant Features of the Revamped Rules are as follows: The number of Trade Mark (TM) Forms have been reduced from 74 to 8. To promote e-filing of TM applications, the fee for online filing has been kept at 10% lower than that for physical filing. Based on stakeholders feedback, the fees for Individuals, Startups, and Small Enterprises have been reduced from that proposed in the draft Rules – i.e. only Rs 4,500 as against Rs 8,000 for e-filing of TM applications proposed at the draft stage. Modalities for determination of well-known trademarks have been laid out for the first time. The provisions relating to the expedited processing of an application for registration of a trade mark have been extended right upto registration stage (hitherto, it was only upto examination stage). Overall fees have been rationalized by reducing the number of entries in Schedule... View Article


Steps to Incorporate One Person Company in India


Companies Act, 2013 has opened the corporate door for the individuals who have all the entrepreneurial expertise and always wanted to have their own company by the new concept of “One Person Company”. DEFINITION of OPC in India:- Section 2(62) of the Companies Act, 2013 defines OPC to mean a Company which has only one person as a member. It can have only one member at any point of time. It may have only one director and can however appoint more than 15 directors after passing a special resolution. As per section 3(1) and (2), OPC can only be incorporated as a private limited company. Such a company may either be: A company limited by shares; or A company limited by guarantee; or An unlimited company The words ”One Person Company” is required to be mentioned in brackets below the name of such company, wherever its name is printed, affixed or engraved. Eligibility for Incorporation and Nominee Member As per Rule 3(1) of the Companies (Incorporation) Rules 2014, only a natural person who is an Indian Citizen and resident in India... View Article


What is Import Export Code and Why You Need it for Your Business


IEC which stands for Import Export Code is important for any company, because without the IEC any exports and import can be done within or outside India. What is Import Export Code (IEC)? Import export code (IEC) is used by importers and exporters in India for clearing their goods from customs authority or by services providers for export of services from India to foreign countries. IEC is issued by DGFT in India. It is a unique 10 digit number which is allotted on filling an online application in form ANF-2A with any regional office of DGFT. As soon as a business starts operating worldwide, there are many additional factors which can have a huge impact on its success. Exporting and importing goods is the primary of any large, successful business; it also helps national economies growth and growth of business. Some of the Benefits of the Import and Export Business are:- For Import Business Introduction of New Product in the Market Many businesses in India and China tend to produce goods for the European and American market. This is mostly... View Article


How to Register Sole Proprietorship Firm in India


A sole proprietorship is a business that is owned, managed and controlled by one person. It is one of the most common forms of business in India. Proprietorship are very easy to start and have very minimal regulatory compliance requirement for getting started. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor and all debts of the business are the proprietor’s. A sole proprietor may use a trade name or business name other than his, her, or its legal name. They will have to legally trademark their business name, the process being different depending upon country of residence. Step by Step Process Decide a name for your Business Research it to avoid trademark infringement. This can be done by entering the desired name into a search engine or exploring your county or state’s fictitious name database. Register your Business Name Register the name of your business with the Secretary of State or the Department of Corporations in your... View Article


Adoption Report – INDIA


adoption report


NRI Property Sale


 NRI Property Sale by NRI   Property as an asset class is of great value for all investors including NRI’s. However since most NRI’s/ PIO’s are now based in countries outside of India , they will eventually need the funds in their home countries where they live. Funds may be needed for their own retirement planning, children’s education or they may just want to pass on the cash to their loved owns . In all cases the property investors will need to sell their property in india and take the proceeds back home. The property they have acquired may have been purchased by their own funds or may have been inherited .   There have been many changes in the rules in this regard.   There has been an interesting new trend in the NRI (non-resident Indian) property rules in recent times – Indian expats coming to India to sell their purchased or inherited real estate. This is not a trend that has been extensively examined, but it makes perfect sense. Holding on to a house is not always feasible... View Article


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