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Consideration Under Indian Contract Act 1872

‘Quid pro quo’, a legal maxim literally meaning something for something. It is a  common understanding between parties to supply a commodity, reciprocally for the merchandise or administrations which they have each profited by accepting. Consideration in layman’s term is the simple concept of give and take. The Indian Contract Act defines consideration as, ‘When

Blogs, IPR, What's New

Copyright Protection of fictional character : An Analysis

The issue of protection of fictional characters under IP laws separate from the works which contain them has plagued IP law scholars since the late 20th century. The rise in popularity of fictional characters which gives them higher marketability makes this issue an attractive one[1]. In the last few decades, due to the rise of

Blogs, IPR, What's New

INFRINGEMENT OF PATENT AND DEFENCES

Under the Patents Act, 1970, when a patent is granted to a person for some new invention of a product, article or process, then he is conferred with exclusive rights in order to prevent a third party from making, using, selling or importing such invention without the consent of the patentee. This prevents third parties

Blogs, Contemporary Law, What's New

KHALISTAN MOVEMENTS RISING AGAIN

There are 25 million Sikhs all over the world and 83% of them reside in India. Sikhs make up for 1.72% of the Indian population. The Sikh community in India is the most progressive and prosperous one in the country. Members of this community have held and proudly represented high offices. The Khalistan development is

What's New, Blogs

Tax Structure And Its Economic Implications In India

The Indian economy has experienced a decrease of 18.3% in the economic growth in the second quarter of 2020, the outcome of which was a net growth of just 23.9%. In addition, the fact retains the ranking of India due to pandemic. India is recorded to be the third-worst affected country due to the pandemic by the outbreak of COVID-19.[1] The outbreak of the virus has adversely affected the economy of India, where the businesses were shut and natives didn’t have much of a source for generating income, not only this, the individuals spent a large portion of their savings to survive the period of lockdown and even now, when the lockdown is lifted. The money flow in the economy has come to a stagnant position.

Blogs, IPR, What's New

Interplay Between IPR & Competition Law

The main aim of the competition laws in an economy may be defined by the assurance of fair competition in the market by the use of the various regulatory mechanisms. The main intention of the competition laws is not to create any constrictions that may be detrimental to the growth of society but to avoid

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