Blog - Wazzeer

07 Jul

5 mistakes to avoid while starting your business

0 CommentsBusiness Incorporation

Starting your own business? That’s nice but before you too make mistakes that many other owner make in starting phase here’s my blog with 5 common mistakes to avoid with your new business to ensure smooth flow of your business. Not getting your business registered One of the biggest mistake businesses makes is not getting their firms registered just in order to avoid extra expenses. However, this cost much in long run. Not only you lose the chance of getting benefits from funding schemes, but you also can’t get FDI when unregistered and you don’t earn trust in the market…

09 Jun

The 5 Crucial Agreements Investors Look for During Due Diligence

0 CommentsFunding compliacnes, ESOP

Are you looking for investment in your company? So before reaching out to investors you must know that in the world of investment, due diligence serves as the essential gateway that investors look into before committing funds to a company. Among the critical elements they scrutinize agreements that shape the foundation of a business. In this blog, we will explore five agreements that investors pay close attention to during the due diligence process, gaining insights into their significance and how they influence investment decisions: Shareholder Agreements: One of the agreements investors analyse during due diligence is the shareholder agreement. This…

05 May

Top 17 Startup Legal Disputes

0 CommentsBusiness

In the rising culture of Startups and Small businesses, one thing that cannot be avoided is a rising number of legal disputes. Even the Giant Startups are not free of legal disputes. Startups and Small Businesses that are aware of something like this happening under conscious minds, you are definitely taking the risk and it is the time you take a legal opinion from experts. The Startup Legal Disputes that stole highlights are: Zomato vs Burpp in 2011 Issue: Data Theft Zomato accused Burrp of copying data and contact details exclusively available for Zomato?s use and published under a special…

05 May

Corporate Criminal Liability – Can Startups Be Held Responsible For Their Crimes?

0 CommentsBusiness

We all know startups, except for sole proprietorship firms and partnership firms, are considered separate legal entities, distinct and independent from the members who represent it. So, how can courts punish these startups which commit crimes? Common law has various theories which determine the liability of the corporations and the most prominent one would be the doctrine of vicarious liability which states that corporations can be held liable for the torts committed by its employees. But can corporations be charged with the crimes they have committed? Or more importantly, should they be held liable, especially since a company itself is…

05 May

Difference Between Trademark, Copyright And Patent

0 CommentsIP Protection

People have so many questions regarding IP, like who seeks this protection? What does it protect? What benefits does it give? How long does it last? So we are sharing with you all the answers to these questions explaining the difference between Trademark, Copyright an Patent. Trademark Business owners are given rights on their trademarks Trademark is essential as it protects any word, name, slogan, design, or image that identifies a business or brand and distinguishes it from others It also gives right to the mark and allows the holder to file lawsuit against infringers It has an unlimited term…

05 May

Patent Filing Process

0 CommentsIP Protection

Patent is an exclusive right which is granted for the innovation done by you or in other words, innovators are given patent for their innovations. Patent protects original Inventions with a new or improved function like chemical composition, machines, new design for an article of manufacture. It gives its owner right to prevent others from making, using, selling, or importing the protected invention. It has a term of 20 years and it cannot be renewed. The Process of filing Patent Firstly you need to conduct Patent search to see whether there has been a patent of this nature been registered…

05 May

Why And How To Register Trademark In India?

0 CommentsIP Protection, Registration

A Trademark is a name, logo, tagline, colors that identify a product or service. Business owners are given rights on their trademarks. Trademark is essential as it protects any word, name, slogan, design, or image that identifies a business or brand and distinguishes it from others. It also gives the right to the mark and allows the holder to file a lawsuit against infringers. It has an unlimited term but must be renewed after every 10 years. This article will help you understand Why and how to Register Trademark in India. Process for Trademark registration: Before you start registration of…

04 May

The Reason Behind Strong Correlation Between IP Rights And Fundraising

0 CommentsIP Protection

Did you know that 90% of startups that have IP protection raised funding successfully? IP is any form of original creation that can be bought or sold. IP is protected by legal rights such as patents, trademarks, industrial designs and copyright. These are few simple and cost-effective ways of protecting your ideas and your business. This article will help you understand the strong positive correlation between IP Rights and Fundraising. Presence of IP Assets (Patents, Trade Marks, trade secrets, domain names etc.) helps in Adding value to improve the competitiveness; Improving sustainability by ensuring freedom to operate, and keeping at…

04 May

Should You Use R Or TM For Trademark Registration?

0 CommentsIP Protection

Let me start by telling you a story, a few days back, an entrepreneur reached out to us on Counsel, seeking advice on Trademark registration. His question was - I know the importance of Trademark to my business, but with the given circumstances, I might not be able to register it anytime before a month from now. My question here is, is there any other way I can portray to my competitors and customers that my Trademarking is in the process? Our discussion with this entrepreneur moved from the counsel conversation to the work kick off, but we thought Wazzeer…

04 May

Ten Actions That Are Not Considered As Copyright Infringement

0 CommentsBusiness

In order to bring clarity amongst young startups community, in this blog, we will look into actions that are not considered Copyright Infringement in India and remedies incase of infringement. Using literary, dramatic, musical or artistic work for private research Making of copies or adaptation of a computer programme by the lawful processor Utilization of computer programme for the purpose for which it was supplied. Reproduction of the work for the purpose of a judicial proceeding Playing the recording in an enclosed room for the public to hear. Making no more than 3 copies of the copyrighted book under the…