Scenting the Future: How India’s First Smell Mark Application Aligns with Global Jurisprudence
In a landmark moment for Indian intellectual property law, the Trademarks Registry has accepted for advertisement the country’s first olfactory trademark a floral fragrance reminiscent of roses as applied to tyres.
The Digital Personal Data Protection Act, 2023: Comprehensive Framework, Latest Developments, and Compliance Roadmap
Introduction The Digital Personal Data Protection Act, 2023 (DPDP Act) represents India’s comprehensive response to the pressing need for digital privacy protection in an increasingly data-driven economy. Enacted on 11 August 2023 following Parliamentary approval, the DPDP Act establishes a citizen-centric legal framework that balances individual privacy rights with the legitimate need for lawful data …
The Digital Personal Data Protection Act, 2023: Comprehensive Framework, Latest Developments, and Compliance Roadmap
Introduction The Digital Personal Data Protection Act, 2023 (DPDP Act) represents India’s comprehensive response to the pressing need for digital privacy protection in an increasingly data-driven economy. Enacted on 11 August 2023 following Parliamentary approval, the DPDP Act establishes a citizen-centric legal framework that balances individual privacy rights with the legitimate need for lawful data …
ENFORCEMENT DILEMMA AND LACK OF POLICY: BLOCKCHAIN ARBITRATION, AN INDIAN PERSPECTIVE
Authored by Athira T S, Associate Partner Co-authored by Pragya Mehta, 3rd year – BA LLB(Hons), Maharashtra National Law University, Mumbai INTRODUCTION Despite the growing body of the academic discourse engaging with blockchain arbitration, the same remains largely theoretical, leaving several critical gaps between conceptual promise and practical implementation unaddressed. With a userbase of about …
THE SECURITIES MARKETS CODE: FROM FRAGMENTATION TO FRAMEWORK
1) INTRODUCTION India’s securities markets have undergone a fundamental transformation over the past three decades. What once was a market dominated by physical securities and limited participation has evolved into a sophisticated ecosystem encompassing diverse intermediaries, advanced clearing and settlement institutions, technology-driven platforms, and cross-sector financial products. Yet this remarkable institutional growth has not been …
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Non-Compete Clauses Under the Scanner: Legal, Corporate, and Regulatory Dimensions
Introduction The recent strategic investment by Japan’s Mitsubishi UFJ Financial Group (MUFG) in Shriram Finance has ignited a debate on the legality and appropriateness of non-compete fees paid to promoters in India. While such clauses are standard in mergers and acquisitions (M&A), the unique structure of this deal-where promoters retain management control, raises critical questions …
FOREIGN SEATED ARBITRATION AND INDIAN INSOLVENCY: A CONFLUENCE OF CHALLENGES
I. Introduction The increasing cross-border participation of Indian companies in international commerce has led to a corresponding rise in participation of Indian companies in foreign-seated arbitrations for resolution of disputes between the parties. In many instances, foreign lenders have attempted to enforce foreign arbitral awards in India against the Indian entities. However, when such Indian …
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INDIA’S INSURANCE SECTOR REFORMS: KEY HIGHLIGHTS
By: Akil Hirani and Rahul Datta, Majmudar & Partners, India
Stablecoins in India: A Regulatory Conundrum
In recent years, stablecoins have emerged as one of the most significant innovations in the digital asset ecosystem. A stablecoin is a digital token pegged to a stable asset such as fiat currencies or commodities like gold. By combining blockchain efficiency with the stability of the underlying asset, especially in fiat-backed models, stablecoins claim to …
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IMPACT OF DPDP ACT AND RULES ON PHARMACEUTICAL COMPANIES
This Article examines the impact of the Digital Personal Data Protection Act, 2023 (“DPDP Act/Act”) on pharmaceutical companies in so far as the collection, processing, storage and sharing of personal and sensitive health data is concerned. While the Act strengthens a patient’s privacy, and data protection, it also poses operational, legal and financial challenges, especially …
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