CHEERS INDIAN MSME FOR INTELLECTUAL PROPERTY (‘IP’)

On 26th April of every year is celebrated as World Intellectual Property Day.  This year World Intellectual Property Organisation (‘WIPO’) which is the inter-governmental agency administrating the Intellectual Property for the whole world, situated in

IP WAIVER FOR COVID-19 VACCINES, TRIPS AND ITS IMPLICATIONS

Points and objectives of this blogs and article. 1. Letter to WTO by India and South Africa in October 2020 to propose certain IP and TRIPS Waiver for COVID-19 related drugs and       

Arbitration

Indian parties can choose a foreign seat of arbitration

The Supreme Court in PASL Wind Solutions Private Limited vs. GE Power Conversion India Private Limited[1] has ruled that two companies incorporated in India can choose a forum for arbitration outside India. It also ruled

Insolvency and Backruptcy

Balance sheet entries can amount to acknowledgement of debt under Section 18 of Limitation Act

The Supreme Court in Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal & Anr.[1] has ruled that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section

Insolvency and Backruptcy

NCLT has limited jurisdiction, cannot substitute any commercial term of resolution plan approved by Committee of Creditors

The Supreme Court in Jaypee Kensington Boulevard Apartments Welfare Association & Ors. vs. NBCC (India) Ltd. & Ors.[1] has issued a significant judgment on the powers and jurisdiction of the National Company Law Tribunal (NCLT)

Insolvency and Backruptcy

Section 14 of Limitation Act applies to application under Section 7 of I&B Code

The Supreme Court in Seth Nath Singh & Anr vs. Baidyabati Sheoraphuli Co-operative Bank Ltd & Anr[1] has ruled that an applicant under Section 7 of the Insolvency and Bankruptcy Code (“I&B Code”) can claim

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