A “Trademark” is defined under Section 2(1)(ZB) of the Indian Trademarks Act, 1999 as a “mark capable of being represented graphically and which is capable of distinguishing the goods or services of one person from those of others and may include a shape of goods, their packaging, and combination of colours.” Simply put, a trademark…
Passing off Passing off is a common law tort that can be enforced to the unregistered trademark rights. If a person sells his goods as the goods of another then the trademark owner can take action as this becomes a case of passing off. Passing of used to protect or safeguard the goodwill attach to…
In this article, today I will discuss the different types of trademarks as it is a very vast and significant topic. The article focuses on the basics and technicality of the topic. Many of us in day-to-day life buy goods according to the brands and marks printed on them, Like Puma, Adidas, etc. in shoes…
INTRODUCTION The Foreign Trade Policy is a set of guidelines established by the Directorate General of Foreign Trade (DGFT) governing matters related to the import and export of goods by India. It is the government’s seminal document on trade matters that is expected to guide economic relations with other nations and help develop domestic industry.It …
The idea of state capture is generally associated with economies in transition, however it is possible to reach a different perspective that the concept may apply to various other kinds of countries which are in different stages of development.Animus Dominandi meaning lust for power or control is the supreme driving force behind the formation of…
WHAT IS GATT?[i] The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the “substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis.” The…
WHAT IS IMPORT?[i] An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transs of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods…
The government implemented the Foreign Trade Policy (FTP) to increase Indian exports of goods and services, hence creating jobs and improving value addition in the country. The government hopes to promote the manufacturing and service industries by implementing the policy. This page provides an overview of the policy’s different features. Primary Concentration AreasThe policy largely…
IntroductionThe taking or sending out of products by land, sea, or air, on consignment or by way of sale, lease, hire-purchase, or any other agreement, is referred to as “export.” When it comes to software, “export” also refers to transmission across any electronic medium. “All export contracts and invoices must be in freely convertible currency…
Trade is a fundamental monetary idea including the purchasing and selling of labor and products, with pay paid by a purchaser to a merchant, or the trading of labor and products between parties. Exchange can happen inside an economy among makers and purchasers. Worldwide exchange permits nations to extend markets for the two labor and…
