Scheduled Commercial Banks can also become sponsors of PFs (See 'Corp Brief') MNRE assures full support to IREDA in its growth journey (See 'Corp Brief') IBC - Non- stamping or insufficient stamping of one of documents relied upon by creditor does not impede initiation of insolvency resolution process, which differs from enforcement action: NCLT (See 'Legal Desk') MoD records significant progress in implementing wide-ranging reforms (See 'Corp Brief') Lower CNG, PNG Prices to ease household and transport fuel costs: Govt (See 'Corp Brief') IBC - Penalty can be levied if lapses demonstrated non-compliance with statutory and regulatory obligations incumbent on IP, undermining interests of stakeholders and integrity of insolvency process: IBBI (See 'Legal Desk') DFS successfully concludes nationwide campaign - Your Money, Your Right (See 'Corp Brief') Chouhan on a three-day visit to Maharashtra (See 'Corp Brief') DoP & SIDBI sign MoU for Contact Point Verification of Informal Micro Enterprises (See 'Corp Brief') Competition Law - Practice of tying the sale of urea with other fertilizer products amounts to agreement that causes or is likely to cause an appreciable adverse effect on competition in India, thereby contravening Sec 3 of Competition Act: CCI (See 'Legal Desk') NICDC Logistics Data Services completes 10 Years of Operations in Logistics Data and Digital Systems (See 'Corp Brief') PM to inaugurate exposition of sacred Piprahwa Relics on 3rd Jan, 2026 (See 'Corp Brief') WAVES Bazaar, One Stop Portal for Showcasing India's Creative Talents (See 'Corp Brief') Competition Law - Control over DCE compatibility & restrictive contractual conditions could effectively make exhibitors/producers captive customers of specific post-production processors, harming competition: CCI (See 'Legal Desk') We will be able to run Vande Bharat train through Mangaluru route: Vaishnaw (See 'Corp Brief') President of India to confer AI Certificates (See 'Corp Brief') Negotiable Instruments Act, 1881 - Summoning order quashed where complaint lacks specific averments regarding petitioner's direct involvement in issuance of dishonored cheques: HC (See 'Legal Desk') DFS Secy highlights key initiatives for deepening digitisation of tribunals (See 'Corp Brief') Framework for professionalized Sports Governance being constructed (See 'Corp Brief') Negotiable Instruments Act, 1881 - merely being Director in company is per se not enough to establish vicarious liability under Section 141 of the Act, without clear allegations of role in company's affairs: HC (See 'Legal Desk') NHAI signs MoU with National Test House to Strengthen Quality Assurance in Highway Projects (See 'Corp Brief') PMLA - Fact that property is retransferred to the beneficial owner after completion of purpose for which it was given to benamidar, provisions of PBPT Act are attracted and it does not exonerate any party to benami transaction: SAFEMA (See 'Legal Desk') DoT extends Pro-Tem Security Certification Scheme for two years from 01-01-2026 (See 'Corp Brief') PMLA - Even if predicate offences were not directly linked to appellants, ingredients of money laundering under PMLA could still apply as per settled legal precedent: SAFEMA Tribunal (See 'Legal Desk') PMLA - Attachments of even bank balances can be sustained if enforcement agency satisfies statutory scheme and evidentiary requirements: SAFEMA Tribunal (See 'Legal Desk') Joshi releases Indian Standard for Electric Agricultural Tractor (See 'Corp Brief') IPR - Generic or commonly descriptive word can never become trade marks on their own as they never acquire distinctiveness or a secondary meaning: HC (See 'Legal Desk') NTH signs MoU with DRDO's DMSRDE for research, testing and training collaboration (See 'Corp Brief') IPR - Kohinoor's trademark registrations in Delhi and marketing agreement executed between parties in Delhi were sufficient to vest territorial jurisdiction in Court: HC (See 'Legal Desk')

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Startup India ecosystem gets big boost

Published: Sep 24, 2021

By TIOLCorplaws News Service

NEW DELHI, SEPT 24, 2021: THE Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry is celebrating the Azadi Ka Amrit Mahotsav Week from the 20th of September 2021 to the 26th of September 2021. The role of states in promoting the Startup ecosystem has been pivotal for India's journey towards a leading global Startup hub. In the light of promoting and celebrating the Startup India initiative during the said week, Startup India is coordinating with the below States and Union Territories to organize/participate in startup events.

  1. Uttarakhand

  2. Meghalaya

  3. Andaman & Nicobar Islands

  4. Telangana

  5. Gujarat

  6. Karnataka

  7. Jammu & Kashmir

  8. Haryana

  9. Assam

The aim of the initiative is to foster entrepreneurship on the ground. The activities/programs conducted by the above states in association with Startup India consist of diverse programs, launch of key initiatives, inaugural of startup summits, and launch of startup policies, etc. The programs under the Azadi Ka Amrit Mahotsav Week will have a long-lasting impact on the entire startup ecosystem of India.

The above states are at different stages of the Startup ecosystem, i.e., ranging from emerging ecosystem to best performing ecosystem. To keep the interests of the Startup ecosystem in line, a wide range of themeshave been chosen to conduct these programs as per the ecosystem's needs. The themes vary from - Knowledge on Trademarking and Patents, Investments, Marketing, Mentorship, Regulations, Procurement, Community building, etc. Programs around these themes will equip entrepreneurs with immense knowledge to scale their existing venture to the next stage.

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