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Showing posts from November, 2018

Trademark Glossary

class and classification Products ("goods") and services are organized by the U.S. Patent and Trademark Office (USPTO) according to specific categories, or "classes." If you wish to use a trademark to cover more than a single product or service, and those products or services fall into more than a single class (for example, motorcycles and clothing) additional fees are required for each additional class. The USPTO numbers its classes, and each number corresponds to a named category, as below. Please note that the terms in the class headings or short titles of the classes are generally too broad to be used alone as your actual description of products or services. Also, an international class number alone is never an acceptable listing. Product ("Goods") Classes Class 1: Chemical Products Chemicals used in industry, science and photography, as well as in agriculture, horticulture and forestry; unprocessed artificial resins; unprocessed plasti

The Companies (Amendment) Ordinance, 2018

The Hon'ble President has given his assent to the Companies (Amendment) Ordinance, 2018 with effect form 2nd November, 2018.  Section 2(41) - Change in Financial Year to be done by CG (to be delegated to RD).  Section 10A - Re-introducing the Requirements of Obtaining Certificate of Commencement of Business. Non-obtaining of the same to be a ground of Striking Off.  Section 12 -  Non-Maintenance of Registered Office to be a ground for striking off of the Company.  Section 14 - Conversion of Public Co to Private to be with Central Govt.  Section 53 -  Contravention on issuing of shares on discount will attract a penalty Upto the equal amount rise through  issue or  Rs.5,00,000 and amount is liable to refund along with interest @12% P.A.  Section 64 - If SH-7 Filed after 30 days then Company & Officer Liable to a penalty of Rs. 1000/day .  Section 77,86 & 87- Maximum time period for registration/modification of charges to be 30 days + additional 30 days. Furthe