| Consulting for NSIC registration for SSI units under Single Point Registration scheme for participation in Government Purchases We are proficient services providers offering documentation, consultancy and laisoning for NSIC registration of SSI units under Single Point Registration scheme for participation in Government Purchases Benefits of Registration
For more details call us to discuss how we can help you or visit us at www.vitalconsulting.co.in Head/ Work Office VITAL CONSULTING Contact Person: Rakesh Dwivedi VITAL CONSULTING, H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura, New Delhi, INDIA PIN - 110 034 Phone (Off): +(91)-9716041789 Mobile: +(91)-97162-31789, 97162-57859 E-mail: vitalconsultingindia@gmail.com , info@vitalconsuling.co.in URL: www.vitalconsulting.co.in |
Saturday, March 3, 2012
Consulting for NSIC registration for SSI units under Single Point Registration scheme for participation in Government Purchases
Saturday, December 3, 2011
Trademark Registration in India
Trademark Registration in India
Registration of Trademarks in India governed by the Indian Trade Marks Act, 1999 & Indian Trade Marks Rules, 2002 (and amendments thereof). The Trademark Act & Trademark Rules seeks to provide for the registration of trademarks relating to goods and services in India India
What is Trademark?
A Trademark is a sign that is used to distinguish the goods and services of one party from those of others. A Trademark can be a letter, number, word, phrase, logo, graphic, shape, smell, sound or combination of these things.
A Trademark is a sign that is used to distinguish the goods and services of one party from those of others. A Trademark can be a letter, number, word, phrase, logo, graphic, shape, smell, sound or combination of these things.
What are the benefits of Trademark Registration in India
A Trademark helps the consumers to identify and purchase a good or service because of its nature and quality, indicated by its unique Trademark, to meet their needs. By registering a Trademark, the owner of the Trademark protects the goodwill of the business. Hence, the Trademark contributes to the commercial value of the goods or services to which it is applied, and increases the marketability.
The registered owner of a Trademark receives the presumptive right of the Trademark owner to use the Trademark and can indicate it by using the Trademark symbol ™ or ® in relation of those goods and services for which the owner has registered the Trademark.
The registered Trademark owner can stop other traders from using his Trademark unlawfully. The registered owner of a Trademark can sue other traders for recovery of profits, damages and costs in case of Trademark infringement.
Trademark provides the guarantee for the unchanged quality and helps in creating and advertising the goods and services in public.
It serves as a constructive notice in general public about the ownership claim of the Trademark. Registration of Trademark in India
What marks are registrable in India
All marks used in the trade are not registrable. The trademark law does not provide for the registration of all marks used in trade and business. Marks those satisfy certain requirements are only registrable. Therefore a mark which satisfies the prescribed requirements could be registered. Here it is very pertinent to know the requirements that a mark should satisfy for registration. The requirements that a mark should satisfy are as follows.
1. The mark should be capable of being represented graphically.
2. The mark should be capable of distinguishing the goods or services of one from those of others.
3. The mark must be used in relation to goods or services for the purpose of indicating or so as to indicate a connection in the course of trade between the goods and services.
1. The mark should be capable of being represented graphically.
2. The mark should be capable of distinguishing the goods or services of one from those of others.
3. The mark must be used in relation to goods or services for the purpose of indicating or so as to indicate a connection in the course of trade between the goods and services.
What marks are not registrable in India
Certain trademarks are not registrable either in the public interest or due to the prohibition of such marks from registration in India
1. Mark that contains or comprises of any matter likely to hurt the religious susceptibilities of any class or section of the citizens ofIndia
2. Mark that comprises or contains scandalous or obscene matter;
3. Mark which has the nature as to deceive the public or cause confusion;
4. Mark prohibited under the Emblems and Name (prevention of Improper use) Act, 1950;
5. Mark consisting exclusively the shape of goods which results from the nature of the goods themselves;
6. Mark containing the shape of goods which is necessary to obtain a technical result or the shape, which gives substantial value to the goods.
1. Mark that contains or comprises of any matter likely to hurt the religious susceptibilities of any class or section of the citizens of
2. Mark that comprises or contains scandalous or obscene matter;
3. Mark which has the nature as to deceive the public or cause confusion;
4. Mark prohibited under the Emblems and Name (prevention of Improper use) Act, 1950;
5. Mark consisting exclusively the shape of goods which results from the nature of the goods themselves;
6. Mark containing the shape of goods which is necessary to obtain a technical result or the shape, which gives substantial value to the goods.
What are the grounds for refusal of Trademarks in India
According to the trademarks law grounds for refusal for Trademark registration inIndia India
According to the trademarks law grounds for refusal for Trademark registration in
Absolute grounds for refusal of Trademark registration in India
1. Marks devoid of any distinctive character or not capable of distinguishing the goods or services of one person from those of others.
2. Marks which indicates quality or other descriptive character of the goods or services.
3. Marks which have become customary in the current language or in the bona fide or established practice of the trade.
4. Marks to the trade or generic names or marks common, chemical names and international non-proprietary names.
5. Marks likely deceive public or cause confusion.
6. Marks comprising scandalous or obscene matter or likely to hurt religious susceptibilities of any class or section of the citizens inIndia
7. Marks prohibited under Emblems and Names (Prevention of Improper Use) Act, 1950.
8. Marks shape of which results from the nature of the goods themselves.
9. Marks the shape of which is necessary to obtain a technical result.
10. Marks the shape of which gives substantial value of the goods.
1. Marks devoid of any distinctive character or not capable of distinguishing the goods or services of one person from those of others.
2. Marks which indicates quality or other descriptive character of the goods or services.
3. Marks which have become customary in the current language or in the bona fide or established practice of the trade.
4. Marks to the trade or generic names or marks common, chemical names and international non-proprietary names.
5. Marks likely deceive public or cause confusion.
6. Marks comprising scandalous or obscene matter or likely to hurt religious susceptibilities of any class or section of the citizens in
7. Marks prohibited under Emblems and Names (Prevention of Improper Use) Act, 1950.
8. Marks shape of which results from the nature of the goods themselves.
9. Marks the shape of which is necessary to obtain a technical result.
10. Marks the shape of which gives substantial value of the goods.
Relative grounds for refusal of Trademark registration in India
1. Marks which are identical or similar to an earlier Trademark and the respective goods or services are identical or similar.
2. Mark which are identical or similar to an earlier Trademark, but the goods or services are not similar. The question of refusal of registration of a mark similar to an earlier Trademark where the goods are different can be considered only in opposition proceedings.
3. Marks under passing off or law of copyright.
1. Marks which are identical or similar to an earlier Trademark and the respective goods or services are identical or similar.
2. Mark which are identical or similar to an earlier Trademark, but the goods or services are not similar. The question of refusal of registration of a mark similar to an earlier Trademark where the goods are different can be considered only in opposition proceedings.
3. Marks under passing off or law of copyright.
WE provide trademark Registration Consultants @ Rs 2500 only (Excluding the govt fee)
VITAL CONSULTING,
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura, New Delhi, INDIA PIN - 110 034
Phone: +(91)-97160-41789, 9716231789, 9716257859
E-mail: vitalconsultingindia@gmail.com, vitalcertifications@gmail.com
URL: www.vitalcertifications.com, H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura, New Delhi, INDIA PIN - 110 034
Phone: +(91)-97160-41789, 9716231789, 9716257859
E-mail: vitalconsultingindia@gmail.com, vitalcertifications@gmail.com
Tuesday, November 15, 2011
75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme
75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme ( Please Ignore this mail if your unit is not an Registered Small Scale industry)
Dear Sir,
This is further to our telephonic discussion with our representative.
.
I would also wish to thank you for allowing us to introduce as business associates of CARE Limited, a RBI &SEBI Accredited independent Rating Agency of India
The recent changes in the industrial climate world over and the liberalization of economic environment in our country have thrown up many opportunities and challenges to the small-scale industries. Therefore, there is a need to create awareness amongst small-scale units about the strength and weakness of their existing operations and to provide them an opportunity to enhance their organization strength.
As a step in this direction, a scheme for rating of small-scale industries has been prepared by involving Industry Associations, Indian Banks' Association and CARE. The scheme has been approved by the Govt. of India
NSIC-CARE rating provides an opinion on the company's operating performance and financial strength.
The Ministry of SSI is providing subsidy of 75% of NSIC-CARE rating fees.
Benefits of NSIC-CARE rating:
· Acceptability with Banks: The Indian Banks Association enhances the acceptability with banks, lenders and financial institutions. This also gives access to quicker and cheaper credit thereby economizing the cost of lending.
· Confidence among buyers: It shows your operating performance and financial strength, which will infuse confidence among buyers while taking decisions.
· Creating awareness: It gives you detailed analysis of your units' strengths and weaknesses, which can be used to strengthen your operations and finances also. It provides you with the analysis of owners, promoters, directors of SSI unit, which can be used to develop the skills and getting insight.
· Evaluating performance: It provides you with the evaluation of your units' as well as yours operational and financial performance. This gives you an insight of your operations and finances, which are unbiased.
· Risk Management: It provides you the parameters to measure operational, financial, managerial and business risks.
· Identifying areas of improvement: It helps you in identifying the areas of improvement and put focus on the strengths.
Advantages of rating by CARE:
· Regulatory Recognition
CARE Ratings are recognized by Government of India and regulatory agencies inIndia India
CARE Ratings are recognized by Government of India and regulatory agencies in
· Independent
CARE is an independent rating agency promoted by major banks and financial institutions inIndia India India
CARE is an independent rating agency promoted by major banks and financial institutions in
· Professional
CARE Ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer. CARE's analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants, chartered financial analysts and financial risk managers.
CARE Ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer. CARE's analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants, chartered financial analysts and financial risk managers.
· Experienced
CARE has over a decade of experience in rating various types of instruments. CARE assigned its first rating in November 1993 and upto March 31, 2010, CARE had completed 7654 rating assignments for an aggregate value of about Rs23121 bn. With a large number of qualified and experienced multi-faceted analyst and presence in all major metros ofIndia
CARE has over a decade of experience in rating various types of instruments. CARE assigned its first rating in November 1993 and upto March 31, 2010, CARE had completed 7654 rating assignments for an aggregate value of about Rs23121 bn. With a large number of qualified and experienced multi-faceted analyst and presence in all major metros of
· Wide Sectoral Coverage
CARE is a full service rating company offering a wide range of rating and grading services which includes rating debt instruments/enterprise ratings of Corporate, Banks, Financial Institutions (FIs), Public Sector Undertakings (PSUs), State Government bodies, Municipal Corporations, Non-banking Finance Companies `(NBFCs), SMEs, Micro finance institutions, Structured finance Securitization transactions. In addition, CARE Ratings undertakes Corporate Governance ratings, Mutual Fund Credit quality ratings, IPO grading, Claims Paying Ability rating of Insurance Companies, Grading of Construction Entities and Issuer ratings.
CARE is a full service rating company offering a wide range of rating and grading services which includes rating debt instruments/enterprise ratings of Corporate, Banks, Financial Institutions (FIs), Public Sector Undertakings (PSUs), State Government bodies, Municipal Corporations, Non-banking Finance Companies `(NBFCs), SMEs, Micro finance institutions, Structured finance Securitization transactions. In addition, CARE Ratings undertakes Corporate Governance ratings, Mutual Fund Credit quality ratings, IPO grading, Claims Paying Ability rating of Insurance Companies, Grading of Construction Entities and Issuer ratings.
· Market Acceptance
CARE has a significant rating coverage of the Indian Banks and Financial Institutions, who are also amongst the major investors in the Indian bond markets. This, acknowledges the confidence of Indian Institutional Investors in CARE Ratings. CARE ratings are also used by a wide range of investors including Mutual Funds, Insurance companies, Provident funds, Corporate and Retail investors.
CARE has a significant rating coverage of the Indian Banks and Financial Institutions, who are also amongst the major investors in the Indian bond markets. This, acknowledges the confidence of Indian Institutional Investors in CARE Ratings. CARE ratings are also used by a wide range of investors including Mutual Funds, Insurance companies, Provident funds, Corporate and Retail investors.
| Rating Experience: (As at March 2010)
|
The NSIC-CARE rating fees is as follows:
| | Turnover (Rs Lakh) | ||
| Particulars | < 50 | 50-200 | >200 |
| Rating Fees (Rs.) | 27000 | 35000 | 47000 |
| Service Tax @ 10.3 % (Rs.) | 2,781 | 3,605 | 4,841 |
| Total Fees (Rs.) | 29,781 | 38,605 | 51,841 |
| Subsidy from NSIC (Rs.) | 22,336 | 28,954 | 38,881 |
| Amount payable by SSI (Rs.) | 7445 | 9651 | 12960 |
| Renewal Fee excluding Service Tax | 8100 | 10500 | 14100 |
*SSI unit needs to pay only their share of 25% of total rating fees as given in above table, rest 75% will be paid by NSIC directly to CARE.
Units with green-field projects
| | Turnover (Rs Lakh) | ||
| Particulars | < 50 | 50-200 | >200 |
| Rating Fees (Rs.) | 50000 | 60000 | 75000 |
| Service Tax @ 10.3 % (Rs.) | 5,150 | 6,180 | 7,725 |
| Total Fees (Rs.) | 55,150 | 66,180 | 82,725 |
| Subsidy from NSIC (Rs.) | 25,000 | 25,000 | 25,000 |
| Amount payable by SSI (Rs.) | 30150 | 41180 | 57725 |
| Discount 15% | 4523 | 6177 | 8659 |
| Amount payable by SSI (Rs.) | 25628 | 35003 | 49066 |
| Renewal Fee excluding Service Tax | 15000 | 18000 | 22500 |
Looking forward for hearing from you soon to avail the benefits of such a wonderful initiative, which has been launched to help SSI units.
Please feel free to ask us for further information.
Yours truly,
For Vital Consulting
(Business Associate of Care Ratings)
Rakesh Dwivedi
VITAL CERTIFICATIONS AND BENCHMARKINGS
H-1/114,
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,
Friday, November 4, 2011
NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme
Dear Sir,
NSIC–ONICRA PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (NSIC) appointed as the nodal agency for the implementation of the scheme.
OBJECTIVE OF THE SCHEME
· To enhance the acceptability of SSI units with Banks & Financial institutions & Buyers.
· To meet the opportunities & challenges in the changing Global economic scenario.
SCHEME FEATURES
- Govt. Of
- Approved By Indian Banks Association (IBA).
- 75 % Subsidy on the Rating Fee by Ministry of SSI.
- A combination of credit and performance factors including operations, finance, business and management.
- Turnover based Fee structure
- An independent, trusted third party opinion on capabilities and credit-worthiness of SSIs
BENEFITS TO SSI
· Re-calibration of Interest Rates by Banks.
· Waiver of Collateral.
· Recognition in global trade
· Prompt sanctions of Credit from Banks and Financial Institutions
· Facilitate vendors/buyers in capability and capacity assessment of SSIs
· Enable SSIs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.
· Privilege benefits as per policy
OTHER STATUTORY REASONS
· RBI Proposes to Increase Risk Weightage on all unrated Loans to 150%from 100% (EconomicTimes:12 April, 2007)
· BaselII norms require banks to assign risk Weightage based on the credit rating of the borrower. (EconomicTimes:18 April, 2007)
· Nationalized banks like Bank of India, OBC, Central Bank of India, PNB, Bank of Maharashtra, State bank of Mysore, UCO Bank, Union Bank of India
LONG TERM BENEFITS TO SSI
- HEALTH CHECK AT SUBSIDIZED RATES CREATING AWARENESS on strength and weakness and take corrective measures.
I believe that the NSIC Performance and Credit Rating can be the foundation for the mission of Madhya Pradesh's prosperity leading to the creation of Madhya Pradesh as a great State.
We are very much interested to listen from you to avail this opportunity extended to the entrepreneurs of Madhya Pradesh for success in their mission of transforming their State into a developed State by 2016.
Please let us know how we can work together closely to educate the industries to get maximum benefit of the scheme.
Thanking You
VITAL CERTIFICATIONS AND BENCHMARKINGS
H-1/114,
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,
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