NBFC stands for Non-Banking Financial Company registered under the Companies Act. Its main business activity is giving loans and advances, assets financing, investing in shares, debentures and other marketable securities. It also provides working capital loans and credit facilities. While retaining the basic compliance requirement, RBI is simultaneously making the business of NBFCs smoother. Smaller […]
Registration of certification trade marks A mark shall not be registrable as a certification trade mark in the name of a person who carries on a trade in goods of the kind certified or a trade of the provision of services of the kind certified.
Savitribai Jyotirao Phule Fellowship for Single Girl Child (SJSGC) is a Fellowship Scheme by the University Grants Commission (UGC), Department of Higher Education, for pursuing research work leading to the award of a Ph.D. degree. The target group of this scheme are the ‘single girl child’, i.e. the only girl child in the family without
Certain provisions of this Act not applicable to certification trade marks. The following provisions of this Act shall not apply to certification trade marks, that is to say,— (a) clauses (a) and (c) of sub-section (1) of section 9; (b) sections 18, 20 and 21, except as expressly applied by this Chapter; (c)
The scheme “Old Age Samman Allowance” is a social security scheme implemented by the Department of Social Justice and Empowerment, Government of Haryana. The scheme provides a pension of ₹3,000/- per month to senior citizens (60 years or above) who are unable to sustain themselves with their own resources. The scheme targets the needy and
Additional grounds for removal of registration of collective mark The registration of a collective mark may also be removed from the register on the ground— (a) that the manner in which the collective mark has been used by the proprietor or authorised user has caused it to become liable to mislead the public as
A discount is a reduction in the original price of a product or service, often offered by sellers to attract customers or clear out inventory. The discount formula helps in calculating the reduced price or the amount saved.Discount in Mathematics is defined as the reduction in price of any service and product. Discount is offered by
Infringement proceeding by registered proprietor of collective mark. In a suit for infringement instituted by the registered proprietor of a collective mark as plaintiff the Court shall take into account any loss suffered or likely to be suffered by authorised users and may give such directions as it thinks fit as to the extent to
Accounting statements and reports are key financial documents that businesses create and update periodically. These reports help businesses, investors and the government track different transactions and determine the financial health of the company. Learning about the significance and types of account reports can be important if you work in the banking, finance and accounting industry.
Amendment of regulations Any amendment of regulations referred to in sub-section (1) of section 63 shall not be effective unless the amended regulations are filed with the Registrar, and accepted and published by him in accordance with section 64
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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