In recent years, the Indian economy has been one of the most stable economies in the world and has been home to a large number of entrepreneurs who have competent Legal/Commercial Law Advisory is available to them. This can help change the shape of the entity/practices/compliance in a positive manner. Commercial Law mainly focuses on providing guidelines for the sale and purchase of items. It affects business organizations significantly. Numerous companies have been involved in legal battles that revolve around violation of vital elements of commercial law.
Through our commercial law advisory services, we at IP and Legal Filings (IPLF) and Khurana & Khurana (K&K) ensure that the business needs of our clients are addressed in the best possible way in strict compliance with relevant regulations.
Our Services Include:
- Advisory on matters related to Intellectual Property Rights.
- Advisory on technology licensing (Commercialization).
- Advisory on starting a new business establishment and engaging in contracts, agreements that have varied mandates and purposes such as Joint Venture Agreements, Distribution Agreements, Employment Agreements, Confidentiality Agreement, Vendor Agreement, among others.
- Advisory on mergers and acquisitions.
- Advisory on any other Commercial Law Issue.
Our Attorneys schedule detailed discussion(s) with clients to develop a deep understanding of requirements, expectations, and desired outcomes.
Our Attorneys/Consultants then analyse the facts and instant situation based on above- mentioned discussion(s).
Based on an in-depth analysis, the Attorneys advise and render an opinion on the next steps for obtaining the desired outcome on the contentious or contractual issue.
- Specific documentation with regards to the service
1. What are typical Licensing Terms?
Different inventions require different licensing strategies. For example, a basic new scientific tool likely to be widely used is typically licensed on a non-exclusive basis. In contrast, an invention that requires a significant investment of resources by a company is typically licensed on an exclusive basis. The exclusive license provides an incentive for the licensee to commit risky capital investments required for product development. License terms for a start-up company can be different than those for large companies.
2. What is bankruptcy?
Bankruptcy is a legal way to seek relief from creditors. A debtor often files for bankruptcy protection when he or she owes creditors more than he or she has the ability to pay.
3. Are IP rights territorial in nature?
Yes, IP rights are territorial. It means that an Indian registration is valid only in India. For protection of Intellectual Property in any other country, one has to seek protection separately under the relevant law.
4. What is a secured transaction?
Many lenders require a security interest before they will extend a loan. A secured transaction occurs when the borrower conveys a collateral property interest to secure a loan. Should the borrower default on the loan, the lender may take possession of the specified property.
5. What is a negotiable instrument?
A negotiable instrument is an unconditioned, signed writing that represents money that is to be transferred to another. Checks, certificates of deposit and promissory notes are examples of negotiable instruments.
6. What is a licensing agreement?
A license agreement is a document, executed between two or more parties, evidencing the terms and conditions of such a contractual license.