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From the Vakilkaro blog
Practical guides on registration, trademark, tax, NGO and compliance — written and reviewed by our legal team.
Can I Sell or License the Trademark to Others?
Selling or licensing your trademark, including trademark registration, allows you to monetize intellectual property and expand your brand. Selling or transfers full ownership, while licensing lets you retain control and earn passive income. Both processes require evaluating the trademark’s value, dr
NBFC & FinanceWhat Are the Different Types of Non-Banking Financial Companies (NBFCs)?
Non-Banking Financial Companies (NBFCs) are vital to India's financial landscape, offering services such as loans, asset financing, and investments without accepting demand deposits. They are regulated by the Reserve Bank of India (RBI) and must undergo the NBFC registration process to ensure compli
NBFC & FinanceWhat is the Minimum Capital Requirement for NBFC Registration?
The minimum capital requirement for NBFC registration in India, set by the RBI, is INR 2 crore, ensuring financial stability and customer trust. This Net Owned Fund (NOF) comprises paid-up equity and free reserves minus liabilities, ensuring operational readiness. Different NBFCs, such as ICCs and A
Business RegistrationsWhat Are the Key Compliance Requirements for a Private Limited Company?
A Private Limited Company (Pvt Ltd) in India offers benefits like limited liability and investor attraction but comes with compliance obligations under the Companies Act, 2013. These include obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval, and fil
NBFC & FinanceWho Can Benefit from the Services Provided by a Section 8 Microfinance Company?
Section 8 Microfinance Companies, registered under the Companies Act, 2013, play a vital role in financial inclusion by offering tailored financial services to underserved communities. Microfinance company registration ensures legal compliance and transparency. These companies primarily benefit low-
Business RegistrationsWhat Documents Are Needed to Register a Private Limited Company?
Private Limited Company Registration in India requires essential documents such as identity and address proof for directors and shareholders, a Director Identification Number (DIN), and a Digital Signature Certificate (DSC). The company must also provide proof of its registered office address, such
NBFC & FinanceHow Does a Section 8 Microfinance Company Differ from a Traditional Microfinance Institution?
Section 8 Microfinance Companies and traditional MFIs both promote financial inclusion but differ in focus and structure. Section 8 Companies are non-profit entities under the Companies Act, 2013, prioritizing social welfare by offering affordable financial services to marginalized communities, ofte
What is the Main Advantage of a Private Limited Company?
A Private Limited Company offers key advantages, with limited liability protection being the primary benefit. Shareholders are only liable for the company’s debts up to their investment, protecting personal assets. It enhances credibility, attracts investors, and allows capital raising through share
NBFC & FinanceWhat Activities Can an NBFC Engage In?
Non-Banking Financial Companies (NBFCs) play a vital role in the financial ecosystem by bridging the gap between banks and underserved sectors. They offer various services, including loans (personal, business, vehicle, and gold loans), asset financing, microfinance, and infrastructure financing. NBF
Intellectual PropertiesCan I Trademark a Common or Generic Term?
In India, generic terms—words widely used to describe a class of products or services, like “apple” for fruit or “computer” for computing devices—cannot typically be trademarked under the Trade Marks Act, 1999. This is because trademarks must be distinctive and non-descriptive to function as a sourc
Business RegistrationsIs There a Requirement for a Registered Office Address for an LLP?
A registered office address is a mandatory requirement for a Limited Liability Partnership (LLP) in India, as per the Limited Liability Partnership Act, 2008. This address serves as the official communication point for the LLP and is where all government correspondence, such as notices from the Mini
Business RegistrationsAre There Any Restrictions on Who Can Be a Partner in an LLP?
Limited Liability Partnerships (LLPs) are popular for their flexibility and the benefit of limited liability protection, but there are certain restrictions on who can be a partner. Firstly, an LLP must have at least two partners, but there is no upper limit. Partners can be individuals or legal enti
Business RegistrationsUnderstanding Section 8 Microfinance Company Registration
Understanding Section 8: Microfinance Company Registration In the evolving landscape of microfinance in India, the significance of alternative financing options cannot be overstated. A thorough understanding of Section 8 Microfinance Company Registration is crucial for individuals and organizations
Intellectual PropertiesThe Trademark Dispute: L’Oréal’s Legal Quest Against CLARIWASH
The legal battle between L’Oréal India Pvt. Ltd. and Rajesh Kumar Taneja (trading as Innovative Derma Care) over the trademark “CLARIWASH” highlights key principles in trademark law, including prior usage, deceptive similarity, and procedural integrity. L’Oréal, inheriting Cheryl’s Cosmeceuticals’ t
Intellectual PropertiesTrademark Dispute in India
Trademarks are vital assets representing a business’s reputation and identity, but safeguarding them requires a robust understanding of trademark law and strategic enforcement measures. The Registrar of Trademarks plays a critical role in resolving disputes, managing oppositions, and ensuring compli
Intellectual PropertiesLegal Implications of Trademark Registration in India
Trademark registration in India provides businesses with exclusive rights to their brand, protecting it from unauthorized use and potential infringement. It grants the registered owner the exclusive use of the mark for their goods or services, and they can take legal action against anyone using a si
Intellectual PropertiesRegistration and Classification of Trademark in India
Trademark registration in India is an essential process for businesses to protect their brand identity and gain legal exclusivity. It involves several steps, starting with conducting a comprehensive trademark search to ensure the desired mark does not conflict with existing ones. This search, access
NBFC & FinanceMicrofinance Company Registration under Section 8 in India
Key Features: No RBI Approval Required: Unlike traditional NBFCs, Section 8 Microfinance Companies can operate without prior RBI approval, making the Microfinance Company Registration process more straightforward and less bureaucratic, ensuring that the necessary support reaches the communities in n
Business RegistrationsIndore the Model City to Ban Begging
India has embarked on a significant reform journey by introducing the Bharatiya Nyay Sanhita (BNS), 2023, a modernized legal framework replacing the outdated Indian Penal Code (IPC) of 1860. Under this initiative, Indore became the first city to implement a begging ban as part of a pilot program to
Intellectual PropertiesWhy Do People Search for 'Name Change Lawyer Near Me for Trademark'?
In today’s competitive business environment, a company’s brand identity plays a vital role in its success, with the business name acting as a key factor in customer recognition and trust. However, situations arise when altering a trademarked name becomes necessary, prompting individuals or businesse
Intellectual PropertiesThe Role of a Trademark Advocate: Protecting Brands, Empowering Businesses
Trademark advocates protect your brand identity, ensuring your logo, name, and trademarks are legally secured. They handle everything from registration to enforcement, preventing infringement, and resolving disputes. With expertise in trademark law, they streamline processes, save time, and mitigate
Intellectual PropertiesTrademark Agent in India
A trademark agent in India plays an essential role in assisting individuals and businesses with the registration, protection, and enforcement of their trademarks. Registered with the Controller General of Patents, Designs, and Trademarks (CGPDTM), trademark agents guide clients through the complexit
NBFC & FinanceMicrofinance Company Registration and Regulation in India
We have written some important topics on Microfinance Company registration and its regulation as updated by the RBI in latest 2022. We have tried to simplified all the things to understand more better. Pointwise topics are discussed hereinbelow:
NBFC & FinanceSection 8 vs Trust
A Section 8 Company is a not-for-profit company incorporated under the Companies Act, 2013, whereas a Trust is generally created through a trust deed under the applicable trust law. Both structures may be used for charit