The Ministry of Corporate Affairs (“MCA”) recently issued a notification dated May 15, 2023, to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, in relation to the fast track merger process under section 233 of the Companies Act, 2013…

Effective April 1, 2023, any private company that receives funding from a non-resident investor at a premium above the fair market value of its shares as per the Income-tax Act, 1961 (the “Act”), will have to pay tax on the…

Mediation As A Catalyst For Effective Dispute Resolution

In today’s complex and interconnected world, conflicts and disputes are an inevitable part of human interactions. Whether in business, family, community, or legal matters, disputes can often lead to protracted and costly…

The Union Cabinet has granted approval to the National Research Foundation Bill (NRF Bill), 2023, which is now scheduled to be presented during the ongoing monsoon session of Parliament. The NRF is envisioned as a centralized body with a substantial…

A Trademark Assignment is a legally binding document that grants permission to the registered proprietor of a trademark to transfer the ownership of the trademark and issue proper receipts for any consideration involved in the assignment. The assignor relinquishes their…

In today’s world, intellectual property is a valuable asset for individuals and companies. One essential form of intellectual property is a trademark. A trademark can be a word, symbol, or design that sets a product or service apart from others…

India has been experiencing a significant increase in petroleum prices, reviving concerns regarding its energy security. The nation’s reliance on imported crude oil and natural gas, which accounts for a significant portion of its energy import costs, highlights the need to…