Author: aarnalawadmin
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Inherent powers of the NCLT/NCLAT: Lessons from the Supreme Court ruling in the Byju case.
Introduction The Supreme Court of India has continually navigated the complex intersection of corporate insolvency and inherent powers of the Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016 (Code). The recent Supreme Court ruling in Glas Trust Company LLC v. Byju Raveendran & Others (Civil Appeal No. 9986 of 2024 with Special Leave Petition…
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Shein and Temu Lock Horns Again Over Copyright and Trade Secrets!
Opening statement: As trademark disputes intensify globally, Indian and Asian retail businesses are watching closely. The outcome of this battle between Shein and Temu could have far-reaching implications for brands across Asia, where intellectual property and trademark violations have become critical issues, particularly in the fast-growing e-commerce space. Background: The fast-fashion giants are at it…
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Understanding Copyright in the Context of NFTs and Digital Art Ownership
The sudden rise of NFTs has transformed the digital art market, drawing unprecedented attention from both artists and collectors to a set of unique digital assets stored on the blockchain. These assets provide verifiable proof of ownership and provenance for digital art, collectibles, and other items. While this technology promises to revolutionize how we perceive…
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Copyright in Fashion: Safeguarding Designers’ Creative Works
Fashion designers, particularly in India, stand as cornerstones of creativity and innovation while contributing significantly to a multi-billion-dollar industry. However, unlike musicians, they struggle to fully safeguard their creations. With the fashion industry’s growth, there has been a surge in public awareness of trendy designer products, underscoring the need for stronger copyright protection and formal…
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Regulatory Intervention in the Indian Financial Sector: Analyzing the RBI’s Actions Against the lending practices of a few NBFCs
On October 18, 2024, the RBI barred a few NBFCs from sanctioning new loans (while continuing to service existing loans), citing “material supervisory concerns” related to their pricing policies, excessive interest rate
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Art as Collateral: A Growing Trend in Secured Lending
In recent times, art has emerged as a valuable asset for securing loans, driven by its rising market value and investment potential.
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Aarna Law is pleased to announce the Appointment of Srihari Saranathan as Partner
Srihari’s focus has been on commercial litigation, banking, insolvency, intellectual property, corporate law, and indirect taxation. He has represented leading banks, corporate houses, SMEs, and promoters. He has successfully represented clients before the Supreme Court of India, various High Courts, District Courts, Securities Appellate Tribunal, SEBI, NCLAT, NCLT, and consumer forums. Before joining Aarna Law,…
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Aarna Law is pleased to announce the Appointment of Meghna Talwar as Partner
Aarna Law is pleased to announce the appointment of Meghna Talwar as Partner. Meghna brings expertise in civil and corporate litigation, arbitration, and mediation, with a focus on securities, consumer, real estate, and testamentary law. Prior to joining Aarna Law, Meghna was a Partner at Agrud Partners, where she advised multinational companies, SMEs, and private…
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Government Alerts IP Applicants About Fraudulent Activities
New Delhi, October 17, 2024 – The Office of the Controller General of Patents, Designs, and Trademarks (CGPDTM) has issued a public notice cautioning applicants about a concerning rise in fraudulent activities. Fraudsters are reportedly harvesting data from the CGPDTM’s official website and reaching out to applicants via phone calls and emails, falsely claiming they…
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Google loses landmark antitrust case over search monopoly
In a historic ruling last Monday, Google was found guilty by a federal US court of maintaining an illegal monopoly over the online search and advertising markets. We analyse the implications of the decision that marks a significant victory for the U.S. Department of Justice (DOJ) and for several state attorneys general.