The Copyright is an exclusive right of a person or organization for its special work in any field and copyright act as a tool of promoting scientific temper in any country. But in context of transnational or international copyright, it … Continue Reading...Read More
The Competition Act 2002 provides a provision to establish a commission called Competition Commission of India (CCI) for execution of provisions of this act. Also act was amended in 2007 to create an appellate tribunal called CAT to hear appeal … Continue Reading...Read More
The Competition Act was a historical step in Legislation of India to sustain competition in markets of India by control on monopoly practices. The fair competition is a necessary element of market to protect interests of consumers, to promote freedom … Continue Reading...Read More
- Taxation – The act doesn’t specify how LLP will be taxed. The Private Limited companies are taxed on their incomes and income they distributed to their shareholders taxed again. The Partnerships and Proprietorships are not taxed separately,
The LLP means partnership where liability of partners shall be limited to only amount they have invested into the firm. Before this India business and enterprises are of four types: proprietorships, partnerships, public ltd and private ltd companies. Recently lots … Continue Reading...Read More
- No civil court has jurisdiction to examine govt performance or for enforcement of this act or against any decision of govt under this act. This clause is highly controversial and major reason of non compliance from obligations.