CORP CONNECT (FEBRUARY 2025, EDITION)

Patentability Search vs Freedom to Operate (FTO) Search : What Innovators Must Know Before Going to Market

India’s Digital growth has positioned it as a global tech hub. The Union Budget 2025 (hereinafter referred to as the “Budget”) strengthens this momentum by outlining a strategic roadmap to enhance the Country’s technological capabilities with increased funding for Artificial Intelligence, Digitization of Records, Capacity Building, Centers of Excellence, Cyber security and Data Protection initiatives.

Trai’s Regulatory Efforts to Ensure Consumer Consent and Curb Unsolicited Commercial Communications

On January 15, 2025, The Supreme Court in the case of Gowrishankar S v. Union of India issued notice to the Union Government in response to a PIL seeking implementation of the Calling Name Presentation (CNAP) service by telecom operators which was introduced by TRAI to display the caller’s name on the recipient’s phone, offering a more reliable alternative to Truecaller. The implementation of CNAP aligns with the Telecom Commercial Communications Customer Preference Regulations, 2018 (hereinafter referred to as ‘TCCCPR’) introduced by TRAI on July 19, 2018 to curb the menace of Unsolicited Commercial Communication (hereinafter referred to as ‘UCC’) and ensure consumer consent and privacy. The regulations were brought to force on February 28, 2019.

RBI Introduces Regulations on Prevention of Financial Frauds Perpetrated Using Voice Calls and Sms

On January 06, 2025, the Supreme Court in the case of State Bank Of India v. Pallabh Bhowmick & Ors. upheld banks’ liability for unauthorized transactions in a customer’s account. The fraud occurred when the customer attempting to return an online purchase received a call from a fraudster impersonating the Customer care executive of the store. The fraudster deceived him into downloading an app, leading to unauthorized withdrawals.[1] The increased reliance on mobile numbers for the purpose of authentication of user identity has made them vulnerable to misuse by fraudsters, enabling various types of online and other scams.

To mitigate these risks, the Reserve Bank of India (RBI) on January 17, 2025 released a circular laying down the Regulatory prescriptions and institutional safeguards.

Ahmedabad Signage Rules: Your Guide to Advertising Compliance in 2025

Signage plays a crucial role in business visibility, branding, and customer engagement, making it an essential aspect of urban commercial spaces. In Ahmedabad, the installation and display of signage are governed by a structured regulatory framework that ensures safety, aesthetics, and compliance with municipal guidelines. From shopfront signs to large-scale billboards and digital displays, businesses must adhere to specific licensing procedures, size limitations, and design norms set by the Ahmedabad Municipal Corporation (AMC).

Understanding the Concept of Gift Deed in India

In India, the transfer of property and assets is governed by a complex legal framework, designed to ensure clarity, prevent disputes, and protect the rights of all parties involved. While various instruments exist for such transfers, one particular method stands out for its unique nature: the concept of gifting. The act of gifting, deeply rooted in social and cultural traditions, also has significant legal implications. It plays a significant role in personal and familial wealth management. Moreover, it can have implications for taxation and estate planning. Navigating the legal aspects of gifting requires careful consideration of various factors. This article delves into the what is gift deed.

How to Draft a Gift Deed in India: a Step-By-Step Guide

A gift deed is a legal document that facilitates the voluntary transfer of property from one person (the donor) to another (the donee) without any exchange of money or consideration. In India, gift deeds are governed by the provisions of the Transfer of Property Act, 1882 and must comply with various legal requirements to ensure their validity. Unlike informal gifts, a properly drafted gift deed provides legal recognition and serves as conclusive evidence of the transfer, helping to avoid future disputes.