Under Indian law, someone unconnected with the business but with the skills and experience to be a director, can join the board as an “additional director” and bring a fresh perspective to how the company is managed. In this article we examine the steps needed to appoint such a director and how additional directors can help drive company growth.
After more than 16 years of negotiations, the European Free Trade Association, which consists of four countries Switzerland, Liechtenstein, Iceland, and Norway, has entered into a Trade and Economic Partnership Agreement with India.
One interesting aspect of the new agreement is that it provides enhanced and non-discriminatory protection for intellectual property among the signatory states.
Liquor manufacturer Allied Blenders brought a case against Hermes Distillery Private Limited for allegedly infringing its trademark with the latter’s Peace Maker Prestige Whisky label. Allied Blenders claimed that Hermes’ label bore significant similarities to its own and sought an injunction against the defendant.
An independent director contributes significantly to corporate governance by offering an impartial and objective viewpoint during a company’s decision-making processes. To maintain accountability, transparency, and the protection of stakeholders’ interests, independent directors in India are subject to obligations that are outlined in the Companies Act of 2013. In this feature, Aarna Law examines the duties and liabilities of such independent directors.
Joint property refers to ownership held by two or more individuals simultaneously. The form of ownership commonly includes joint tenancy and tenancy in common. In this article we explore the legal frameworks that allow co-owners to seek division of jointly held property.
