'ANPR-FASTag-based Barrier-Less Tolling System' to be implemented at selected toll plazas for barrier-free movement of vehicles (See 'Corp Brief') IBC - Incident which triggers running of limitation period under Insolvency and Bankruptcy Code, 2016 is date of pronouncement of Order: SC (See 'Legal Desk') Winners of Create in India to be conferred with prestigious 'WAVES Creator Awards' for showing exceptional animation, AI, XR, gaming and music (See 'Corp Brief') IPR - 'Artistic work' doesn't automatically lose copyright protection simply because design based on it has been used in industrial production: SC (See 'Legal Desk') HM inaugurates dialogue on ‘Self-Empowerment through Inner Awakening' for security forces (See 'Corp Brief') A&C - Each day's delay in execution of project after signing of Development Agreement had commercial consequences and struck at heart of the Development Agreement: SC (See 'Legal Desk') CTTC Bhubaneswar stands out as leading Technology Centre (See 'Corp Brief') IPR - If competing marks are phonetically & visually similar in relation to identical goods having overlapping trade channels, which is likely to cause confusion & deception among consumers, case calls for injunction: HC (See 'Legal Desk') C-DOT and Sterlite achieve India's First Quantum Key Distribution (See 'Corp Brief') SEBI Act - Court's extraordinary jurisdiction is being invoked to stall or delay proceedings to extent possible: HC (See 'Legal Desk') Startup Life Ledger: A CA's Reflection on Founder's Balance Sheet (See 'CORP EINSICHT') Mandaviya to inaugurate newly-developed 220-bedded ESIC Hospital in Ranchi (See 'Corp Brief') IBC - Oversights in candidly informing CoC of related-party engagement justify regulatory intervention: HC (See 'Legal Desk') GeM facilitates hiring of one million people in FY 2024-25 (See 'Corp Brief') Top 7 finalists announced for Anti-Piracy Challenge (See 'Corp Brief') IBC - Valuation - It is essential to fully discose nature & source of information used in valuation process; omission thereof violates Rule 8(3)(g) which requires disclosure of relied upon information to facilitate informed decision making by stakeholders: IBBI (See 'Legal Desk') CCI approves acquisition of shares in SNV Aviation by PI Opportunities (See 'Corp Brief') CCI okays combination involving Waverly, TPG Growth & Asia Healthcare (See 'Corp Brief') CCI approves acquisition of shares of TKE Group by Alat Technologies (See 'Corp Brief') PMLA - Merely by alleging preposterous submissions and arguments and using terminologies and definitive words like layering and integrating funds to be ‘proceeds of crime’ without application of mind is nothing but exercise of oppression on part of ED: HC (See 'Legal Desk') CCI nod for transaction involving Aster, BCP Asia, Centella and Quality Care (See 'Corp Brief') IBC to organise two-day International Conclave in Arunachal (See 'Corp Brief') Ministry of Labour signs MoU with Swiggy (See 'Corp Brief') IBC - Notice u/s 8 is sine qua non for maintaining application u/s 9 but if notice u/s 8 is not replied by CD it does not debar CD to contest application filed u/s 9 of Code by raising its defence: NCLAT (See 'Legal Desk') Viksit Haryana for Viksit Bharat, this is our resolve: PM (See 'Corp Brief') Misc - Rule of law has responsibility to protect investments of foreign investors, while ensuring that any person accused of mishandling such funds is fully protected by power of phrase 'innocent till proven guilty': SC (See 'Legal Desk') PMLA - Merely because there was some notice of FIRs in jurisdiction of writ court and raid was carried out, which has led to trail of proceeds of crime, same will not come in ambit of cause of action by which writ court would test merits of arrest order: HC (See 'Legal Desk') IBC - Applicant had failed to make out case for admission of application u/s 7 code as they have not been able to establish existence of financial debt and its default committed by Corporate Debtor: NCLT (See 'Legal Desk') Startup selected under NQM develops platform to empower enterprises protect critical infrastructure (See 'Corp Brief') IBC- Amount deposited with the bank by the corporate debtor in pursuance of One Time Proposal to show bonafide can be taken into custody by RP u/s 18, if said proposal is not materialised: NCLAT (See 'Legal Desk') IBC - Admission application for CIRP under Section 7 justified when a clear debt and default are established: NCLAT (See 'Legal Desk') IBC - Decision to invoke a pledge rests with Financial Creditor; timing or value of sale of pledged shares does not affect default status of debtor - Settlement negotiations do not absolve debtor from its obligation if the debt remains unpaid: NCLAT (See 'Legal Desk') Goyal addresses CAPEXIL's Vibrant Buildcon 2025 (See 'Corp Brief') MoS hails Indo-German 2+2 University and Industry Collaboration (See 'Corp Brief') Companies Act - Mere order of winding up or appointment of liquidator does not have effect of denuding Board of Directors of company of its jurisdiction to move BIFR: HC (See 'Legal Desk') BCCL's Central Hospital Dhanbad expands Medical Education (See 'Corp Brief') PMLA - Court has no power to condone delay beyond total period of 120 days as stipulated in Section 42 of PMLA, 2002: HC (See 'Legal Desk') APEDA, Arunachal host Buyer-Seller Meet at Tawang (See 'Corp Brief')

Winners of Create in India to be conferred with prestigious 'WAVES Creator Awards' for showing exceptional animation, AI, XR, gaming and music

Published: Apr 19, 2025

By TIOLCorplaws News Service

NEW DELHI, APR 19, 2025: THE Create in India Challenge (CIC) Season 1, launched as a flagship initiative under the World Audio Visual and Entertainment Summit (WAVES), is gearing up for a spectacular finale at the Jio World Centre, Mumbai, from 1st to 4th May 2025. With registrations now officially closed for all 32 challenges, CIC has achieved a significant milestone, receiving nearly 1 lakh registrations, including over 1,100 international participants. The challenges have attracted entries from over 60 countries, reflecting the global appeal and reach of this pioneering initiative. From this exceptional pool of talent, 750 finalists will be given the opportunity to showcase their creative skills and outcomes at Creatosphere, a specially curated platform featuring innovation across animation, comics, AI, XR, gaming, music, and more, as part of WAVES 2025. The winners of these challenges will be conferred the prestigious ‘WAVES Creator Awards' in a grand red carpet ceremony on Day 2 of the event.

The Creatosphere at WAVES will witness remarkable global participation, with 43 international finalists showcasing their talents, adding a truly international dimension to this celebration of creativity. These finalists represent over 20 countries, including Argentina, Nepal, Germany, Bermuda (BOT), the United States, Greece, Indonesia, the United Kingdom, Canada, Italy, Laos, Thailand, Tajikistan, Egypt, Sri Lanka, Russia, Maldives, Malaysia, and Japan. Notably, Sri Lanka, Nepal and Tajikistan each contributes 6 finalists, followed by 5 each from Indonesia and Maldives, and 4 from Mauritius. The United States is represented by 2 finalists, while Russia, Canada, Argentina, Laos, Malaysia, Bermuda, Egypt, Thailand, and the United Kingdom each have 1 finalist. This diverse international presence underscores the global appeal and growing reach of the Create in India Challenge.

In India, the challenges saw enthusiastic participation from across all 28 states and 8 Union Territories, underscoring the truly national footprint of the initiative. The list of finalists across the challenges reflects remarkable regional representation, with participants hailing from across the country from Assam and Meghalaya in the East to Gujarat in the West and from Himachal Pradesh in the North to Kerala in the South.

Celebrating the energy of youth, the Create in India Challenges are overwhelmingly driven by young creators predominantly in their 20s, reflecting a vibrant ecosystem of college students, early-career professionals, and teen innovators. With the youngest finalist just 12 years old and the oldest at 66, the initiative showcases a truly inclusive creative platform that transcends age.

The Create in India initiative champions grassroots innovation while celebrating diversity in purpose and participation. From making education accessible through the Innovate 2 Educate Challenge to reviving India's textile legacy with "Make the World Wear Khadi," the challenges span tradition and technology. "India: A Bird's Eye View" captures the nation's spirit through breathtaking aerial visuals by filmmakers and Drone Didis, using drone technology for storytelling and community empowerment.

As excitement for WAVES 2025 reaches its crescendo, the Create in India Challenge has emerged as a powerful expression of India's creative ambition, unlocking new opportunities for talent and reaffirming the nation's rising leadership in the global media and entertainment landscape. With its vibrant mix of Indian and international participation, the Create in India Challenge has grown into a dynamic global platform, empowering voices across regions and generations, and truly embodying the Hon'ble Prime Minister's vision that "WAVES should reach every home and every heart."

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