Section 127 – THE PATENTS ACT, 1970

Rights of patent agents —Subject to the provisions contained in this Act and in any rulesmade thereunder, every patent agent whose name is entered in the register shall beentitled—(a) to practice before the Controller; and(b) to prepare all documents, transact all business and discharge such other functionsas may be prescribed in connection with any proceeding […]

Section 126 – THE PATENTS ACT, 1970

Qualifications for registration as patent agents (1) A person shall be qualified to have hisname entered in the register of patent agents if he fulfills the following conditions,namely:—(a) he is a citizen of India;(b) he has completed the age of 21 years;(c) he has obtained a degree in science, engineering or technology from anyuniversity established

Section 125 – THE PATENTS ACT, 1970

Register of patent agents (1) The Controller shall maintain a register to be called theregister of patent agents in which shall be entered the names, addresses and otherrelevant particulars, as may be prescribed, of all persons qualified to have their names soentered under section 126.(2) Notwithstanding anything contained in sub-section (1), it shall be lawful

Equity Shares with Differential Rights

Equity shares are the most common form of ownership in a company. They represent a proportional ownership in the company’s profits and assets. However, in recent times, there has been a growing trend in companies offering equity shares with differential rights. Equity shares with differential rights, also known as DVRs, are shares that have different rights

Certificate of Origin (CoO) – DGFT CoO

The Certificate of Origin (COO) issued by the Directorate General of Foreign Trade (DGFT) is a crucial document for exporters. It confirms to the origin of goods and is often required by importing countries to determine eligibility for preferential tariffs and trade agreements. The certificate of origin (COO DGFT) has details regarding the product, its

IMPS

IMPS is an instant money transfer service facilitated by NPCI (National Payment Corporation of India). The full form of IMPS is Immediate Payment Service which allows people to send and receive funds from savings accounts in real-time. The service facilitates inter-bank transactions through mobile banking and internet banking. The major reason behind using IMPS is that it

Kolkata Property Tax

Kolkata Municipal Corporation (KMC) has launched a new graded property tax waiver scheme, where interest dues will be waived based on the default duration. In another initiative, KMC has announced an additional one percent rebate on property tax if the dues are paid online. Continue reading to know how to pay property tax dues online

International Ship and Port Facility Security Code

Like safety, maritime security is of paramount importance to the operation of a vessel. The International Ship and Port Facility Security (ISPS) Code came into force on July 1, 2004 and is applicable to all vessels over 500 grt operating on international trades, as well as the ports that service them. The ISPS Code is

Hydrocarbon Exploration and Licensing Policy (HELP)

The Hydrocarbon Exploration and Licensing Policy or HELP, approved by the cabinet in March 2016 is aimed at increasing the transparency and decreasing the administrative discretion in granting hydrocarbon licenses. The license will permit contractors to explore conventional and unconventional oil and gas resources that comprise shale gas/oil, CBM, gas hydrates and tight gas under

Section 124 – THE PATENTS ACT, 1970

Offences by companies. (1) If the person committing an offence under this Act is acompany, the company as well as every person in charge of, and responsible to, thecompany for the conduct of its business at the time of the commission of the offenceshall be deemed to be guilty of the offence and shall be