Author name: ithelp

E-commerce Websites not bound to keep a check on products for IP infringement before advertising on their website

A. Case Law I –  E-commerce websites are not bound to keep a check on products for IP infringement before advertising on their website I. Parties: Plaintiff: Kent RO System (Water purifier manufacturer) Vs. Defendant: Mr. Amit Kotak of E-Commerce platform- E-bay Citation: CS (COMM) 1655/2016 & IA No. 15914/2016 Court: Delhi High Court II. …

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Ministry of corporate affairs (MCA)

Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017: Vide its notification dated February 28, 2017, the MCA has amended the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Various forms (IEPF-3/ 5/ 6) and Rules 2/ 3/ 6/ 7 of the IEPF Authority (Accounting, …

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Securities and Exchange Board of India (SEBI)

Investments by FPIs in corporate debt securities RBI on October 24, 2016, had amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2016 through a Gazette notification to permit FPIs to invest in unlisted corporate debt and securitised debt instruments. Thereafter, RBI vide circular RBI/2016-17/138 …

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Axis Bank Vs. SBS Organics Private Ltd & Anr

AXIS BANK V SBS ORGANICS PVT. LTD & ANR Subject matter: Whether the amount deposited by the appellant with Debt Recovery Appellate Tribunal can be refunded upon the withdrawal of appeal under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Brief facts: An appeal under Section 18 of The Securitisation …

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LIABILITY OF INTERMEDIARIES UNDER INFORMATION TECHNOLOGY ACT, 2000

INTRODUCTION Intermediaries are widely recognized as essential cogs in the wheel of exercising the right to freedom of expression on the Internet. Most major jurisdictions around the world have introduced legislations for limiting intermediary liability in order to ensure that this wheel does not stop spinning.[1] Intermediaries are entities that provide services enabling the delivery …

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