You are here

LegalWizin's blog

How do I sell my registered trademark in India if I don’t know the value of my trademark?

Submitted by LegalWizin on Thu, 01/30/2020 - 10:12

A registered trademark is an asset to its owner. As far as your situation is concerned, you must consult a CA whelp you in its valuation. Valuation of TM is quite similar to the brand valuation. Considering the existing financial position and market presence and influence, the valuation can be made. Based on figures of valuation, you can decide what should be the selling price.

The selling price would be affected by both the seller’s need and buyer’s demand.

Can shareholders and directors of a private limited company be different?

Submitted by LegalWizin on Thu, 01/30/2020 - 10:08

Yes. They are certainly different.

Although in a Private Company, most of the times the directors and shareholders are same, both the designations are different and distinct.

The shareholder is person who owns the company in proportion to shares held by him. The Director is one who manages day-to-day task.

The organisation structure itself comes with special characteristic of separation in management and ownership. That means the managerial personnel (directors) and owners (shareholders) may be different (although not necessarily).

How can I start my business of selling Khadi Gramodyog products, and what are the requirements for it?

Submitted by LegalWizin on Sat, 01/25/2020 - 07:40

Based on your requirement and other factors such as Formation process, Number of person involved, Investment Scenario, capital requirement, Tax structure, Exit option, there are different kinds of business form to start a business such as,

Can a sole proprietor without any government documentations sell internationally (websites, mobile apps, software, etc.)?

Submitted by LegalWizin on Sat, 01/25/2020 - 07:33

For any type of organization whether it is a Proprietorship firm or Company, it has to take registration under Import Export Code otherwise it will be considered as illegal. Hence one must take IE code registration to transact business internationally.

Further, GST registration and LUT filing (optional) may also be required for the purpose.

How can I add objects in the MoA of a proprietorship?

Submitted by LegalWizin on Sat, 01/25/2020 - 07:30

MoA is Memorandum of Association, a document that describes the scope of company’s activity through Object clause among other specifications.

While we are talking about the MoA, there no document required with respect to a proprietorship firm.

If there is any document created for proprietorship to define objects, it can be modified in similar manner how it was created.

What are the examples of trademark assignment?

Submitted by LegalWizin on Sat, 01/25/2020 - 07:25

Transfer of ownership and rights over the Trademark to any other person or entity is known as Trademark Assignment. The most recent case of trademark assignment was when the Ahmedabad-based brand - Havmor Ice Cream has transferred the partial rights of the company over to Lotte Confectionery for INR 1020 Crore. The deal included the rights over Havmor ice cream parlors, ice cream production facility and the employees.

What is the incorporate fee to register a new company?

Submitted by LegalWizin on Fri, 01/24/2020 - 09:54

The Government fee has been declared to be zero for the small companies having authorised capital up to Rs 10 Lakh.

However, it is to be noted that the incorporation fee is divided in three parts for any promoter;

  • Government fee - which is declared zero
  • Stamp Duty - Payable to respective State Government
  • Professional fee and execution expenses

Where the Government fee is declared to be zero, the stamp duty is still payable to Government of State where the company is being registered. (Fee varies from State to State)

Pages

Subscribe to RSS - LegalWizin's blog