In India doctors, nurses and anyone working in the ambit of medical care are considered to be gods. They are responsible for taking good care of a patient and ensuring that his/her medical needs are fulfilled. Although it is not always possible for the doctor to save a patient’s life, it is generally expected from the doctor to always have the patient’s best interest in his/her mind. Thus, to fulfil the said promise, it is imperative on part of the doctors and medical staff to carry out a thorough investigation and collect all the information regarding the patients’ health. ‘Informed consent is imperative and should be taken from the patient unless there is an emergency.
Continue readingNational IPR Policy, 2016 and its Objectives
The portion of the Indian constitution dealing with startups and intellectual property law (IPR) has always been embarrassingly thin. This appears to be an attempt to fill the hole in India’s intellectual property regime. The legislators made it a point to revise existing intellectual property legislation in cooperation with stakeholders. All of this was accomplished as part of the ‘Digital India’ and ‘Make in India’ programmes.
Continue readingThe Challenging Relationship Between Contemporary Art And Intellectual Property Rights
Contemporary Art is still seen as a luxury in the era of the digital world. In 2018, the global art market was worth 67 billion US Dollars. This same market was 64 billion dollars in 2017, which indicates an increase in the valuation. With the increase in the valuation, it has been seen that more and more people are taking up jobs in the field of contemporary art. Contemporary art has also helped people to express their views and opinions through paintings et cetera. Intellectual Property Rights (IPRs) have helped in safeguarding the interests of the artists who took the pain to create art through their imagination and efforts. With the diversification of art forms and increase in competition, the artists need to have complete ownership rights over their work.
Continue readingHow to File A Legal Notice
An individual or entity may need to sue another individual or entity. Consumer complaints, property disputes, bounced checks, divorces, evictions and other instances may arise. It is important for you to let the other person know that you intend to sue them. Therefore, a legal notice is sent to a person or entity.
Continue readingImpact Of The New Consumer Protection Rules, 2021 On Direct-Selling
On Tuesday, the federal government announced new consumer protection guidelines for businesses, prohibiting direct-selling companies from promoting pyramid and money circulation schemes. The Centre stated under the new guidelines that companies must assure compliance with the standards within 90 days.
Continue readingBusiness Law And Its Impact On The Distribution Of Commercial Licensing
Business law can also be termed mercantile or commercial law. It forms a part of both public and private law. In India, statutes that regulate business include the Indian Contract Act 1872, Sale of Goods Act 1930, Competition Act 2002, Companies Act 1955, et cetera.
Continue readingAudits- What are they and their importance in a business
In simpler terms, we can say that the word “Audits” means to evaluate. They are often executed by Auditors. An Auditor is a person or a firm appointed by a company to execute an Audit, that is to examine the accuracy of recorded business transactions. However, Employees or the head of a particular department in a Company can also execute an audit internally. The whole idea of an Audit is to check that no fraud or misrepresentation is conducted financially in the books of accounts.
Continue readingIncome Tax Returns (new) portal for e-filing: Benefits, improvements, and implications
The Income Tax Department announced through a statement a few days back that a new e-filing portal (www.incometax.gov.in) will be launched on June 7. The new portal replaces the existing one (www.incometaxindiaefiling.gov.in) and the IT department has promised taxpayer-friendliness, better software, interactive questions, and an overall seamless experience. As the authority that frames policy for the department, the Central Board of Direct Taxes (CBDT) will govern this e-filing process.
Continue readingThe Constitutional Validity of The NCLT’s Establishment and its Function in Dispute Resolution
The National Company Law Tribunal is the result of the Eradi Committee, and it is intended to be implemented in the Indian legal system under the Companies Act, 1956. However, due to a ten-year legal battle over the constitutional validity of NCLT’s foundation, it was announced under the Companies Act of 2013.
Continue readingEducation loan and tax savings
Education loan is a loan obtained from a financial institution for the purpose of furthering one’s education in order to pursue a career objective. After finishing 12th class or the equivalent, this loan can be used for any course that individual desires to pursue. When a student begins to make money, they begin repaying the loan to the bank and are levied interest on the money borrowed, just as any other loan.
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