Pepsi remains ‘Exclusive Distributor’ of Bang Energy Drinks

ABSTRACT:

PEPSI CO. Stood undisputed distributor till the year 2023 of Bang Energy Drinks all over US holding more than 2,00,000 outlets in the United States. The agreement of distribution partnership was entered in the month of April 2020, for the supply of Bang energy drinks by PEPSI Co exclusively. But after a few months the whole deal came into jeopardy for some unknown reasons and the deal came under a dispute in the month of November, in the end Pepsi co stood on top saved the agreement between them.

Authored by Urfi Ansari, Rizvi Law College

The need for corporate backed banks for funding infra and MSMES

ABSTRACT:

This topic evolves around the backed bank for the funding of the infra and MSME in our country the reason for this is that the public sector and the fund by the government are not enough to boom the growth in this sector. The policy change, by the RBI is required to be change so that, we can allow the private sector to invest in our country, but the current banking reforms are not allowing it to do it. In this article I will cover the need of it

Authored by Rohit Khosla, Jindal Global law School

The Pandemic Is Widening a Corporate Productivity Gap

ABSTRACT:

The topic evolves around the corporate productivity gap due to pandemic around the world many countries have seen the worst productivity gap in their corporate culture and some has seen the good result despite the Covid-19. Many companies who have developed the exact policy for their work from home culture and making their employee better and give them the work activities and other thing have done the good at making the productivity good scale but some cases who did not have taken care of the policy of the productivity of the work from structure or time management has phased the major issue of the productivity. My article will give you the right on this productivity gap of corporate in this pandemic.

Authored by Rohit Khosla, Jindal Global law School

The Troubled Relationship between the Tenant and the Landlord during the COVID-19 Pandemic and its Repercussions

Abstract:

The COVID-19 pandemic is the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). , which originally emerged from China . The government has lay down certain restriction like lockdown and social distancing for containing spread of disease.As a result of governmental restriction and preventative social measures commercial landlord and tenant are now facing complete or partial shut of business operation .It not only affected economic and organisational norm but also deeply affected our relationship both interpersonal and social. Many tenants are facing financial crisis due to Coronavirus and are not able to pay rent. When the tenant default on rent, the landlords suffer and might not be able to meet their own financial obligation such as making the mortgage payments on the rental property, electricity and water charges, insurance, maintenance, property tax, etc.The relationship of any tenant-landlord/ lessee- lessor relationship is pure and simple a contractual relationship based on the free will of the parties ( where the monthly rental happens to be below a specified amount and such a relationship being governed by the various provisions of the Rent Control/ Regulation Acts enacted by various States are situation of exception). This relationship is governed by the contract between the landlord and the tenant which when brought down into writing, forms the Rent Agreement/Lease Deed (Agreement). This Agreement/ Deed is largely governed by the various provisions of the Indian Contract Act, 1872, inter alia and particularly with respect to offer, acceptance, consideration, term, breach and frustration of contract.

Authored by Jyothi Pathak, Gautam Buddha University, Greater Noida.

The Effect of Coronavirus on Mergers and Acquisition

Abstract:

The COVID-19 crisis is extraordinary in both its humanitarian and economic impact, but history suggests how M&A will play out. While the M&A market has contracted, companies that are making M&A moves typically outperform those that do not. Forward-thinking leaders need to act now to rebalance for risk and liquidity, while assessing opportunities for resilience  and growth coming out of the downturn. The Coronavirus crisis has shaken all aspects of human life from their physical well-being to financial stability. These last 9 months since march has been very crucial for conglomerates and SMEs alike. The demand for consumer goods dropped severely triggering solvency challenges among business owners, the non-performing assets of banks sharply rose due to bad living conditions affecting the overall interest rates, and demand for oil fell significantly causing trouble with OPEC supply. We have recovered from economic crises and pandemics earlier as well but the consequences of Covid are still unfolding every day. Businesses are facing the dilemma of uncertainty in the economy, which right now is, more than ever. The consequences are also majorly felt in the Mergers and Acquisitions industry (M&A) as expansion potential is underpowered by the right to life. Companies are prioritizing investing in the well-being of their employees and adjusting to the new way of life than acquiring a new business.

Authored by Devang Bhatia, Guru Gobind Singh Indraprastha University.

An Overview On Patent Rights And Action To Be Taken On Patent Infringement

Abstract:

Infringement of a patent means infringement of the exclusive rights granted by the patent. Under Section 48 of the Patents Act, 1970 the patentee has the exclusive right to prevent any third party, without his consent, from making, using, offering for sale, selling, or importing for those purposes the patented product; or in case of a process patent, the exclusive rights to prevent any third party from using that process and from using, offering for sale, selling, or importing the product obtained directly by the patented process.
In India, the duration of each patent is 20 years from the date of filing the patent application, irrespective of whether it is filed with provisional or full specification. However, in the case of requests submitted under the Patent Cooperative Treaty (PCT), the 20-year period begins from the international filing day.
Patent can be qualified only if all three criteria are fulfilled respectively i.e. of Novelty, Inventive Step and being Capable of Industrial application, failure of any of the three will result in the patent as unqualified and thus, the application for the same will be rejected.

Authored by Preeti Selvam, Mumbai University

The Pandemic Is Widening a Corporate Productivity Gap

Abstract-

The topic evolves around the corporate productivity gap due to pandemic around the world many countries have seen the worst productivity gap in their corporate culture and some has seen the good result despite the Covid-19. Many companies who have developed the exact policy for their work from home culture and making their employee better and give them the work activities and other thing have done the good at making the productivity good scale but some cases who did not have taken care of the policy of the productivity of the work from structure or time management has phased the major issue of the productivity. My article will give you the right on this productivity gap of corporate in this pandemic.

Authored by Rohit Khosla, O.P.Jindal

The Social Security Measures and their relevance in Labour Legislations

Abstract-

Ancient Indian Literature ‘Manusmrithi’ mentioned about codes for the protection and safety of the people. The concept of Social Security was associated with the Hindu Joint Families which was the ‘Original Cell of Security’ and ‘First Line of Defence’ against any misfortune. Then in Vedic period ‘Guilds’ a group of merchants or artisans worked during calamities for the security of life and property. Organized Social Security Measures in statutory form are of recent origins a key factor in Industrial system to protect employees and their dependents against contingencies like disability, sickness, employment injury and unemployment. The Industrial Programmes based on the ideals of human dignity and social justice will relieve the anxiety of the poor labours through financial benefit and medical care. Social Security as a National Programme aims to reduce Social sufferings due to Poverty, Unemployment and Intensity of Diseases. The Schemes for Provident Fund, Medical Insurance, Maternity Benefit, Compensation and Gratuity are useful in India. The efficiency, extent of coverage, finding suitable policy and approaches to strengthen the delivery system according to priorities through planned justice for inclusive growth is the need of the day. This paper describes about the implications of various social security benefits provided to the labours in India.

Authored by Pooja Heda, KES Jayantilal H Patel Law College.

Rising Legal issues and Challenges for E-Contracts

Abstract-

Due to the development of the technology the usage of E- contracts was found to be high. But usage of such contracts without adequate legal framework will definitely lead to jeopardy and work counterproductive to the business. In India, The Indian Contract Act, 1872, The Information Technology Act, 2000 and The Indian Evidence Act, 1872 plays a vital role in determining the validity of the e-contracts. And the major issues on e – contracts arise pertaining to capacity to contract, free consent, applicability, authenticity and confidentiality. Though the Indian legal system adequately addresses the issues of such, the situation gets elevated day by day with the development of technology.

Authored by Jayasurian.B, Saveetha School of Law.

Insider Trading and The Unfair Trade Practices

Abstract-

Insider Trading is an Unfair Trade Practice which has caused quite a stir all over the world. Many public entities are deceived by a trader who deals with diverting information to gain illegal profits. This article talks about the laws enacted by the countries to deal with the situation and how the authorities are functioning with accordance to these laws.

Authored by Sharyu Rumde, School of Excellence, Mumbai University