Advisory

Intellectual Property - Industrial Design Author: Surbhi Sawaria Abstract In 1787, in the United Kingdom, the Design rights started expanding with the Designing and Printing of Linen Act. In India, Industrial Designs are protected under the Design Act, 2000 which has replaced the Design Act, 1911. India being a member of WTO is under TRIPS, obliged to maintain a minimum standard of protection. Legal compliance for real estate development India has always faced a scourge of black money, and the real estate industry has been notorious for its involvement in the same. Many real estate developers are paid in cash, which promotes use of untraceable cash, but not anymore! Due to mandated legal compliance of the Real Estate Regulation and Development Act, developers and buyers both face some major changes and for the better. Real Estate (Regulation and Development) Act, 2016 It came into effect on 1st May, 2016. It is an act passed by the Parliament of India to protect home buyers and to increase investments in the crashing real estate industry.

Maternity Benefit Amendment ACT, 2017 Author: Ashima Puri & Associate: Surbhi Sawaria Abstract The Act regulates the women employment for certain period pre and post the child-birth. Dissolution of Muslim Marriage Act, 1939 Almost every religion recognizes marriage as a sacred union of man and woman which cannot be or rather should never be broken by any force on earth, and Islam is no different to this philosophy. In fact, it is also believed that happy family can only be achieved when the bond between the husband and the wife is strong and resilient. Islamic perspective on divorce The religion of Islam preaches its followers to avoid breaching the holy marriage between husband and the wife and should be used as the last resort, despite the fact that a Muslim Marriage is contract. As a matter of fact, even the Prophet preached that out of all the things which were sanctioned or allowed by law, divorce is by far the worst of its kind and in any case should be avoided. Having said so, there are times and situations when divorce becomes more of a necessity than a luxury.

How to Sue a Builder Author: PriyamvadaSanjiv Dagar, Legajoist In this 21st century, owning a house is very difficult, real estate has emerged rapidly builders and developers play a vital role in completing the project and delivering it on time. Due to huge demand along with time and labor constrains builders fail to complete the projects on time, thereby not meeting the commitment they had made to the buyers. Benefit of RERA (Real Estate Regulatory Authority) The Real Estate Regulatory Authority is a special body set up under the parliament act (Real Estate Regulatory And Authority Act) and deals with the real estate sector. The Real Estate Regulatory Act was passed by Indian Parliament in 2016 which made it compulsory for all commercial as well as residential real estate projects with land over 500 square meters or eight apartments to get them registered with the real estate regulatory authority.The states which have these regulatory authorities cannot appeal before civil court or hight court for matters related to real estate project issues. In case of any wrong doing by buyer/ developer the homebuyer can directly contact to regulatory authority. Under this act the regulatory authority has to either accept or reject the appeal in 30 days.

Largest M&A Deal- Walmart Takes over Flipkart Author: Advocate Dhruv Berry and Associate Abhishek Jha Walmart Inc is an American multinational retail company, the largest in the world by revenue and strives to grow more by giving a cut-throat competition to its peer and one of the biggest rival company is Amazon. Due to its expertise in retail market and a strong supply chain management and a commitment to deliver the quality at the lowest possible price Walmart acts as a silent killer for all the small retailers; and to grow further primarily to enter in the online retail alike the Amazon in Indian market it has invoked various possible way and came out with the acquisition of Flipkart, which is having the largest share of Indian retail market around 31.9% chased by Amazon at 31.1%. One of the largest deal, probably in the world is the Buyout of Flipkart by Walmart. the deal stuck at the investment of US $ 16 Billion out of which 12.5% i.e. NITI Aayog Vice Chairman Rajiv Kumar said “It will have a very positive impact.

Differences Between FIR and Zero FIR What exactly is FIR? It is the information about the happening of the cognizable offence which is given to the Police officer. It is termed as ‘First Information’, and report of information will mean ‘First Information Report’. It is considered one of the important document as it is against the cognizable offence which processes the criminal case.

What Are The Mandatory and Regulatory Compliance's For a Business? Author: Neelam Vats and Associate Priya Singh To operate any business legally in the country, there are certain requirements which the company have to fulfill. These can be related to the business transaction, labor practices, and safety precautions. Before starting the company or business complete study of the regulation and requirement of the industry is done so that they can know about the essential compliance. The compliance is divided into two categories: 1.