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[Image Sources : Shutterstock] Icann Rules According to the ICANN rules, the domain name registrant is required to comply with all the standards, requirements, procedures and practices when entering into a Domain Name Registration Agreement with the Domain Name Registrar. Satyam Infoway Ltd v Siffynet Solutions, 6 SCC 145 (2004).
This is one of the many misconceptions about IP that I’ve noticed since starting my business in 2004. They treat IP as if it’s just about duediligence searches on names and trademark registration. Most people assume intellectual property is primarily a distress purchase. I’m hoping to change that.
The policy based considerations include the internal policies of e-commerce sites as well as registrations of companies for their IP. [6] 13] It has specifically mentioned provisions about the mandate of exercising duediligence and caution while detecting such shams. In the case of Tiffany v. 3] Banyan Tree Holding Ltd.
More times than not, issues of ownership come to a head when it is time to apply for a trade mark registration, engage in duediligence to raise funding or sell, or when a business needs to enforce its trade mark rights. At this point, it may be too late! Let’s start with the legislation – a very good place to start.
The likelihood of fraud increases with tokenised fractional ownership arrangements, especially when duediligence is missing. However, when ownership is represented digitally through tokens, additional legal issues arise, notably in terms of ownership registration, transferability, and enforcement of rights. 13] Ramdas v.
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