Posts

Showing posts from August, 2012

Compliance of Clause 40A of Listing Agreement till June 2013

Image
As decided in the SEBI Board Meeting held on 16th August 2012, SEBI has vide its Circular No. CIR/CFD/ DIL/11/2012 dated 29 th August 2012 made amendments in the SCR Rules, 1957 and Cl 40A of Equity Listing Agreement.
Ms. Anjali Aggarwal
Vice President
+919971673336
anjali@indiacp.com Vide the said Circular, SEBI has amplified the modes for listed companies to comply with the provisions of Cl 40A of Listing Agreement. Now, following additional modes have been allowed for attaining the minimum public shareholding:
Rights Issues to public shareholders, with promoters/promoter group shareholders forgoing their rights entitlement.Bonus Issues to public shareholders, with promoters/promoter group shareholders forgoing their bonus entitlement.SEBI has further opened the avenues for other modes as well, wherein, listed companies, desirous of availing any other modes, may approach SEBI seeking relaxation. SEBI may grant the same on a case to case basis. These new modes are in addition to the followi…

KINDS AND CLASSES OF TRADEMARKS IN INDIA: IPR

Image
In our earlier articles Lesson 1 and Lesson 2, we have discussed topics varying from basics of trademarks, to its attributes, search before registration and many more. In this article, we would learn more about the kinds of trademarks that broadly exist.
KINDS and CLASSES OF TRADEMARKS IN INDIA The importance of a brand name and its need to get registered under the Trademarks Act cannot be denied as today’s marketplace is a competitive and crowded place. Similarly it is equally important to understand how one can best secure one’s brand by registration and what type of registration best suits the brand he sells his services and goods under.
There are several options available to get a brand registered as a Trademark, like getting the name or words of a brand, name registered or getting its logo registered, etc.
Before registering a brand name

Security Industry : A Growing Business Prospect

Image
Maslow, a world famous psychologist known for his hierarchy of needs; brought to paper the thought which people generally fail to realize. The second most important need after food and shelter is the need for protection and security. That comes even before the need for love, social esteem and self-growth. Believe it or not; ask yourself and you’ll know it’s true.

Mr. Manoj Kumar
Vice President
+919910688433
manoj@indiacp.com With 28 states, 7 union territories and a population of 1.22 Billion; India sure is a huge country. With the huge size comes a huge list of needs. You would say Food security, Education, Infrastructure, Transport, Good Sanitary conditions, Social welfare et al. Did you say Security?

DILIGENCE BEFORE YOU DECIDE YOUR MARK : IPR

Image
A trademark is nothing but a sign or a mark serving some purpose for its owner. As per a definition, a trademark is a sign capable of distinguishing the goods or services of one enterprise from those of another (e.g. Pepsi, Phillips, Britannia, Reliance). Likewise, any mark associated with a service is known as a Service Mark (e.g. DTDC for courier services). One’s mark should be such that his audience is able to pick out the services provided under the mark merely by looking at them. This is how a global business impact can be successfully built.

In India, a trademark is registered under the Trademarks Act, 1999 which empowers whosoever is so desirous of registering their brand, to seek the registration in respect of that desired mark.

The truth of the matter is that a well chosen and an intelligent brand is always considered as a most effective tool of attracting the consumers and adding a value to the mark. In this article, we intend to guide the reader through the whole process of c…

SEBI Board Meeting

Image
Securities and Exchange Board of India in its Board Meeting dated August 16, 2012 has taken certain important decisions, to bring about various reforms in the Primary Market, to re vitalize the MF industry, to regulate the persons/ corporates giving investment advises & also for amending the disclosure requirements for issuance of debt securities. The gist and summary of the important decisions is given below: 1. Reforms in the Primary Markets Ms. Anjali Aggarwal
Vice President
+919971673336
anjali@indiacp.com With the intent to revitalise the markets, SEBI has approved a host of reforms, most importantly being approval to the concept of e-IPOs, allowing Bonus & Rights Issues as a mode to reach the Minimum Public Shareholding.
The gist of the major decisions is as follows: A. For enhancing the participation of retail investors: With a view to increase the reach of IPOs to investors across the country and affording minimum allotment to a larger number of applicants, the following …

TRADEMARKS LAW IN INDIA: IPR

Image
Corporate Professionals takes pride in introducing a classroom series of articles on trademarks, to reach your inbox every week and discuss on issues relating to and around trademarks and the law applicable to them in India in the simplest of language and covering the most basic and yet important things.
What's in a name? "Well, your BRAND!!" And before you know, your established brand may be infringed and others may be benefiting at your cost!!

A simple yet effective tool for a business, a TRADEMARK is a distinctive name, word, phrase, logo, symbol, design, image, or a combination of these elements or indicator used by an individual, business organization or other legal entity to be identified by its targeed consumers that the products or services on or with which the trademark appears originate from a unique source, designated for a specific market, and to distinguish its products or services from those of other entities.

QFI Investment in India

Image
QFIs stands for Qualified Foreign Investors. They are a new category of non-resident investors. QFIs are presently allowed to invest in Indian Equity, Debt Securities and Mutual Funds. Who are QFIs? Mr. Pankaj Singla
Sr. Associate
+919971508320
pankaj@indiacp.com QFIs include foreign nationals, pension funds, insurance funds, companies or other groups, entities, or associations other than Securities Exchange Board of India (SEBI) registered foreign institutional investors (FIIs) and foreign venture capital investors (FVCIs) that are based out of India and are permitted to invest directly in selected securities of Indian companies by the government.
The QFI is also required to be resident of a country member of Financial Action Task Force (FATF) or a member of a group member to FATF. Additionally, the country of residence

TakeoverCode ZOOM LENS: M/s Golden Tobacco Limited

Case Details:ZOOM LENS of SEBI order in the matter of M/s Golden Tobacco Limited Target Company:M/s Golden Tobacco Limited Acquirers:Mr. Pramod Jain and M/s Pranidhi Holdings Private Limited along with the                                   J.P. Financial Services Private Limited (PAC) Industry:Tobacco, Cigarettes, Biris Merchant Banker:VC Corporate Advisors Private Limited
CASE ABSTRACT
Target Company: Established in the year 1930 by late Shri. Narsee Monjee, Golden Tobacco is the first wholly owned indigenous company in the country, taken over by Dalmia Group in the year 1979. The group is headed by Mr. Sanjay Dalmia as Chairman & Mr. Anurag Dalmia as Vice Chairman. The Target Company is engaged in the manufacturing and marketing of cigarettes and processed tobacco. The Equity Shares of the Target Company are listed at BSE and NSE.