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  • SEBI Seeks To Regulate Fractional Ownership Platforms

    SEBI Seeks To Regulate Fractional Ownership Platforms

    Through its recent consultation paper titled “Regulatory Framework for Micro, Small and Medium REITs (MSM REITs)” dated 12 May, 2023 (“Consultation Paper”), the Securities and Exchange Board of India (“SEBI”) proposes the regulation of all platforms that offer fractional ownership

    NovoJuris
    By NovoJuris 6 months ago
  • Tax Relief and Strategies: ITAT's Landmark Ruling on Short Term Capital Loss and Higher Taxable Gains

    Tax Relief and Strategies: ITAT's Landmark Ruling on Short Term Capital Loss and Higher Taxable Gains

    Introduction  The Income Tax Act, 1961 (the Act) includes provisions for the set off of losses under sections 70 and 71 for taxpayers who have incurred losses during the year. Section 70 allows for intra-head set off, meaning that losses

    NovoJuris
    By NovoJuris 6 months ago
  • EU’s proposed legislation for regulating smart Internet of Things (IoT) devices

    EU’s proposed legislation for regulating smart Internet of Things (IoT) devices

    EU’s proposed legislation for regulating smart Internet of Things (IoT) devices  On 15th September 2022, the European Union Commission presented a proposal for a regulation on horizontal cybersecurity requirements for products with digital elements, also titled as Cyber Resilience Act

    NovoJuris
    By NovoJuris 6 months ago
  • Protection of Film Titles under Indian Law

    Protection of Film Titles under Indian Law

    Protection of Film Titles under Indian Law  The Entertainment industry saw a booming increase in its accessibility with the emergence of digital era and during COVID-19 pandemic. With the large amount of content being released every year, the most challenging

    NovoJuris
    By NovoJuris 6 months ago
  • Amendments to Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 for regulation of Online Gaming

    Amendments to Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 for regulation of Online Gaming

    On 6th April, 2023 the Ministry of Electronics and Information Technology (“MeitY”) has notified the amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 as Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment

    NovoJuris
    By NovoJuris 6 months ago
  • Copyright Protection for Fictional Characters

    Copyright Protection for Fictional Characters

    Copyright law protects any unauthorized use of an original work which includes copying, duplicating, etc. At the outset, it is important to determine what would constitute as an original work which will, then be eligible for copyright protection. Any by-product

    NovoJuris
    By NovoJuris 7 months ago
  • AMENDMENT TO GUIDELINES FOR INTERMEDIARIES

    AMENDMENT TO GUIDELINES FOR INTERMEDIARIES

    Background The Ministry of Electronics and Information Technology (“Meity”), on June 06 2022 proposed amendments (“Proposed Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Rules”). The Proposed Amendment sought to address the gaps

    NovoJuris
    By NovoJuris 12 months ago
  • CCPA ADVERTISEMENT GUIDELINES: HOW THEY AFFECT CELEBRITIES AND INFLUENCERS

    CCPA ADVERTISEMENT GUIDELINES: HOW THEY AFFECT CELEBRITIES AND INFLUENCERS

    THE GUIDELINES The Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022, issued by the Central Consumer Protection Authority (“Authority") (“CCPA Guidelines”), published on 9th June 2022, apply to all advertisements regardless of form, format, or medium.

    NovoJuris
    By NovoJuris about 1 year ago
  • Intermediaries operating in India can now be directed by Courts to disclose the identity of copyright infringer

    Intermediaries operating in India can now be directed by Courts to disclose the identity of copyright infringer

    The Delhi High Court (“Court”), vide judgement titled Neetu Singh and Ors v. Telegram FZ LLC and Ors dated 30th August 2022 (“Judgement”), has directed the messaging application ‘Telegram’ to disclose the identities of administrators of channels/accounts on its application,

    NovoJuris
    By NovoJuris about 1 year ago
  • SEBI Provides More Leeway to Pooled Investment Vehicles: Drops “India Connection” Clause

    SEBI Provides More Leeway to Pooled Investment Vehicles: Drops “India Connection” Clause

      The Security Exchange Board of India (“SEBI”) has issued Guidelines for overseas investment by Alternate Investment Funds (AIF) / Venture Capital Funds (VCF)   dated 17th August, 2022 (“Guidelines”) (available here) . These guidelines have been issued by SEBI in

    NovoJuris
    By NovoJuris about 1 year ago
  • RBI’S PAYMENT VISION 2025: KEY INITIATIVES AND GOALS

    RBI’S PAYMENT VISION 2025: KEY INITIATIVES AND GOALS

      The use of digital payment systems such as mobile wallets, net banking, electronic authentication and other forms of payments that diverge from the traditional payment methods to a cashless economy have witnessed a massive surge in India. The rapid

    NovoJuris
    By NovoJuris over 1 year ago
  • Draft Master Direction on Outsourcing of IT Services

    Draft Master Direction on Outsourcing of IT Services

      Regulated Entities (REs) (as defined below) have been extensively leveraging Information Technology (IT) and IT enabled services (ITeS) to support their business models and products and services offered to their customers. REs also outsource substantial portion of their IT

    NovoJuris
    By NovoJuris over 1 year ago
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