WHY TO OPT LLP OVER PVT. LTD.

1. Cost Effective: – To form a LLP is very cost effective than to form a company. 2. Credit Worthiness of organization:- LLP enjoy Comparatively higher creditworthiness from Partnership due to Stringent regulatory framework. 3. Applicability of Accounting Standards:- Companies have to mandatorily comply with accounting standards where in the case of LLP it is not yet [...]

The Indian Courts increase their Powers

The spate of Public Interest Litigation by Non-Governmental Organization remained unabated with Delhi High Court issuing directions to Government (Ministry of Information Broadcasting and Censor Board) to review the approval of a famous serial – Emotional Atyachar. The serial that is telecasted at Prime Time by UTV Bindaas seeks to test the loyalty for people [...]

Mumbai High Court Orders Attaching Sanjay Dutt’s Assets that are more than the Aribitration Award

Sanjay Dutt is again making news. This time it seems that he is certainly innocent. I have strong reasons to believe: 1) It was an ex-parte Arbitration Award and seems like Sanjay Dutt either ignored the proceedings or was not aware of it. The sum of Rs. 2.03 crore is very small for this Actor. 2) The order [...]

PATENT SEARCHES: ITS TYPES AND IMPORTANCE

A Patent Search is the process by which prior inventions or ideas are examined, with the goal being to find information that bears close similarity to a given Patent or proposed invention. Patent search is a very important step to be followed before applying for a Patent as it helps choosing research problems, monitoring research [...]

Why Embedded Systems are patentable?

Embedded systems are patentable because they do not fall under section 3(k) of Indian Patent act. According to Section 3(k) computer programs are excluded from patentability. Computer programs are a set of instructions for controlling a sequence of operations of a data processing system. Computer program may merely be written on paper or recorded on [...]

Interpretation of section 3(k) of Indian Patent Act

According to section 3(k) of Indian Patent Act “a mathematical or business method or computer programs per see or algorithms” are not inventions. A patent application having claims directed to mathematical equation cannot be claimed but if a device or system which works according to some mathematical equation should be a patentable invention. More specifically [...]

IP as a Business Asset for Small and Medium Enterprises

An enterprise’s assets may be broadly divided into two categories: physical assets – including buildings, machinery, financial assets and infrastructure – and intangible assets – ranging from human capital and know how to ideas, brands and designs and other intangible fruits of a company’s creative and innovative capacity. Traditionally, physical assets have been responsible for [...]

Future of Pharmaceutical Companies in India after TRIPS implementation

With TRIPS coming in force in 2005 the process patent is necessary. Many countries including India is a hub of Generic Drugs in International Market what will be future of these companies or some steps need to be/taken by the respective govt. w.r.t. to tackle this threat of raise in pricing of medicines/drugs. By Manmeet, Attorney [...]

Types of Patent Applications

Patent Applications are of three types. Basic Application Convention Application PCT National Phase Application Provisional Application Basic Application Basic application is the first application which is filed in Indian Patent office. The filing date of Basic application becomes the priority date of the invention. The priority date is the date from which the invention gets [...]

Successful approaches to retain current clients and generate new clients!

To retain current clients and generate new clients, the foremost requirement is – Constant review and updating your own services and its techniques The Next steps to be taken are: never let your current or past client forget you: Keep sending them updated primers and new catalogs of the services offered by your firm/company. Website – be active [...]