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October, 2022 | Khurana and Khurana

Month: October 2022

The ‘Payal jo chankai’ Controversy | Can Song Covers Amount to Copyright Infringement?

Introduction The recent remake of Maine Payal Hai Chhankai, titled O Sajna by Neha Kakkar resulted in mixed criticism. Falguni Pathak, the original singer, herself resorted to making tendentious comments regarding her song cover. However, the original singer disliking a cover version of their song is not unfamiliar. A similar instance has occurred in context … Continue reading The ‘Payal jo chankai’ Controversy | Can Song Covers Amount to Copyright Infringement?

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Protection of Nonfungible Tokens in Philippines

Introduction NFT or non-fungible token literally means “non-interchangeable token.” This is a type of data that uses the blockchain (mainly Ethereum), or an online network of computers that acts as a digital ledger of transactions [Image Source:Istock] When you buy an NFT, you are purchasing the rights to say that a specific digital item — … Continue reading Protection of Nonfungible Tokens in Philippines

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Protection of Nonfungible tokens in Cambodia

Introduction NFTs are traded and sold on popular marketplaces – OpenSea is probably the most well-known but there are also Rarible, Grimes’ choice, Nifty Gateway, with many more. VeVe is (according to its parent company Ecomi) “an app-based marketplace for premium licensed digital collectables. With VeVe, users can obtain common, rare, or one-of-a-kind digital collectables, … Continue reading Protection of Nonfungible tokens in Cambodia

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Protection of Geographical Indications in Singapore

Introduction Following the European Parliament’s consent for the European Union-Singapore Free Trade Agreement (EUSFTA), the Registry of Geographical Indications was launched by the Intellectual Property Office of Singapore to allow registration of geographical indications effective from 01 April 2019. [Image source:iSTOCK] Prior to this, trader or association of such producers or traders of any GI … Continue reading Protection of Geographical Indications in Singapore

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Corporate Governance Quotient Upon The Advent Of Product Management Committee Of Irdai

INTRODUCTION In the insurance sector, the underwriters hold information of sensitive nature regarding the insured persons. In policies of life insurance or medical insurance, it becomes a matter of utmost significance that the insurance company develops a socialistic approach. This can be construed while managing the claims reserve, dealing with claims, determining premium, but most … Continue reading Corporate Governance Quotient Upon The Advent Of Product Management Committee Of Irdai

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Protection of Geographical Indications in China.

Introduction As a significant part of intellectual property, geographical indications (GIs) have drawn more attention from the Chinese government and enterprises. China approved 2,391 GI products by the end of 2020, and granted more than 9,400 enterprises permission to use the protected products of the national geographical trademark, said Zhang Zhicheng, head of the protection … Continue reading Protection of Geographical Indications in China.

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Settling an incertitude conundrum: Whether the Adjudicating Authority is mandated to admit the application under Section 7 of the IBC without considering the extraneous matters involved?

Introduction To start a Corporate Insolvency Resolution (CIRP) against a Corporate Debtor, the Financial Debtor must file an application before the Adjudicating Authority under Section 7 of the Insolvency & Bankruptcy Code (IBC). The highlight of this section is that the Adjudicating Authority, after admitting the application, shall give an order within seven days of … Continue reading Settling an incertitude conundrum: Whether the Adjudicating Authority is mandated to admit the application under Section 7 of the IBC without considering the extraneous matters involved?

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Myriad of Reforms Engulfing M&A and other Important Provisions of Companies Act

Introduction “The Companies Act 2013 regulates the formation and functioning of corporations or companies in India. The 1956 Act was based on the recommendations of the Bhabha Committee. This Act was amended multiple times, and in 2013, major changes were introduced. The new law is aimed at easing the process of doing business in India … Continue reading Myriad of Reforms Engulfing M&A and other Important Provisions of Companies Act

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Concurrent Heritage In Geographical Indications – Basmati Rice

Often nations dispute over a variety of factors and reasons, ranging from natural resources, territory , river water, oilfields to games and sports. However, how often is it seen that the bone of contention between two nations is an item consumed by people of both sides equally? In 2021, Indian Pakistan locked into an intellectual … Continue reading Concurrent Heritage In Geographical Indications – Basmati Rice

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Crypto-Assets And The Protective Regime Associated With It In Insolvency.

INTRODUCTION By the start of the year 2022, India invested nearly 638 Million USD in crypto-currencies. However, there is no concrete legislation that is currently equipped to deal with these crypto-assets. Due to this, the questions related to the nature of cryptocurrencies and their relevancy in insolvency proceedings persist. This article, therefore, tries to explore … Continue reading Crypto-Assets And The Protective Regime Associated With It In Insolvency.

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