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www.lawkaro.com   (INTELLECTUAL PROPERTY) Proprietary rights are both about material and immaterial things. Material things are physical objects, and all other things that may be a right’s subject matter are immaterial. They are various immaterial products of human skill and labour. These immaterial forms of property are as follows:  Intellectual rights are a type of incorporeal property. This kind of incorporeal property recognition and protection have been of recent origin. The justification in accepting these types of property lies in the fact that what a man produces belongs to him, and the immaterial product or a person’s intellect may be valuable as any other material property. Examples of this type of property are patents, literary, artistic, musical and dramatic copyrights, commercial goodwill, etc. THE VARIOUS TYPES OF INTELLECTUAL PROPERTY ARE: PATENTS The subject matter of a patent right is an invention such as the idea of a new process, instrument or manufacture. T...

INTRODUCTION "AI is the new digital frontier that will have a profound impact on the world." Francis Gurry, Director General, and WIPO Since the early days of Pascal and Charles Babbage's machines, to Turing tests and beyond, between Lisp devices up to Deep Blue and from AIBO to Sophie and then the genesis of the development of AI technology, human civilisation has radically changed. Each stage of advancement in technology has affected and changed human civilisation and its economy, culture, and society significantly. In a way, we can think that today's new technologies have shaped the world of humanity at a deeper and more rapid rate. The interplay between technology and society, on the one hand, has provided enormous growth potential and numerous solutions to humanity in many fields. Still, it has also challenged our society with incredible complexity and new issues. Today, the world is enjoying the benefits of new technology, i.e. AI, and is now ready to take advan...

source - www.lawkaro.com CONCEPT OF WINDING UP UNDER COMPANY LAW - LAWKARO Winding up refers to the end of a company's life and the administration of its assets for its creditors and members. The winding-up of a business is not the same as the insolvency or bankruptcy of an individual. A company cannot be declared bankrupt, but a solvent company can be. Dissolution is different from winding up. The company can be dissolved only after winding up. "Winding up precedes the dissolution." Part I (Ss. The provisions of Part I (Ss. 271-303) will apply to the winding-up of a company by Tribunal under the Companies Act 2013. [S. 270] TRIBUNAL MAY LIQUIDATE COMPANY UNDER CERTAIN CIRCUMSTANCES [S. 271] The court can order the winding down of a company under section 271 at its discretion in the following situations: The Tribunal may order the liquidation of a company that has reached a special resolution. If the company has acted in violation of India's sovereignty and integrity,...