SARFAESI Act stands for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Banks use this act as a tool for recovery of bad loans. Upon loan default, banks can seize the securities (except agricultural land) without intervention of the court. SARFAESI is effective only for…
A domain name performs the same functions online, which a trademark serves in the offline business. While the trademark is striking graphic signifier of your product or company, the domain name is magnificent navigator to your company on the internet, and the virtual image of your business. Domain names can…
The doctrine of first sale is, in essence, a limit on copyright owners’ right of distribution. It is based on the logic that “once a copyright owner has parted with title to a particular copy embodying his work, successive possessors of the copy should not be put into trouble of…
E-contract is one of the divisions of e-business. It is similar to a traditional business wherein goods and services are switched for a particular amount of consideration. The important factor involved is that the contract takes place through a digital mode of communication. It provides an opportunity for the sellers…
Prior to the coming into force of the Copyright (Amendment) Act 1994, s. 33 to 36 dealt with Performing Right Societies which carried on the business of issuing or granting licenses for the performance in India of any work in which copyright subsisted. The activities of such societies were limited…
