By: Ramesh Vaidyanathan
Of late, Facebook, MySpace, LinkedIn, Twitter and YouTube have all been dominating the headlines. In one high-profile story from 2009, it was reported that hackers managed to hijack the Twitter accounts of more than 30 celebrities world-wide, including U.S. President Barack Obama and pop singer Britney Spears. And who can forget the most recent spam attack on a social networking site, which unleashed a spate of violent and pornographic images across users’ newsfeeds for more than 24 hours? Such incidents bring to light the dark and unglamorous side of social networking sites, rendering them to be uncharted liability minefields. These social media sites are perceived to be a veritable Pandora’s Box, exposing their owners/operators and users to myriad risks, such as copyright and trademark infringement, defamation, privacy and data security issues and consumer fraud.
By: Ramesh Vaidyanathan
In the globalised world economy, businesses must take effective steps to protect business processes, technical knowledge and confidential information. While the importance of such protection is recognised by many corporations the world over, not all of them manage to take effective steps to legally protect such information.
What is meant by Trade Secrets?
Trade secret refers to data or information relating to the business that is not generally known to the public, which the owner reasonably attempts to keep secret and confidential. Trade secrets generally give the business a competitive edge.
By: Meenakshi Iyer
In a significant ruling delivered on August 31, 2010, the Supreme Court has held that builders are not entitled to sell garages/stilt parking areas as separate flats to owners who intend to use it as parking facilities. A Division Bench of the Apex Court (Justice R. M. Lodha and Justice A. K. Patnaik) dismissed the appeal of the promoter, Nahalchand Laloochand Pvt. Ltd., which challenged the Bombay High Court’s ruling that a builder cannot sell parking slots in the stilt area as independent flats or garages, under the Maharashtra Ownership Flats Act (MOFA).
The Apex Court reiterated that promoters had no right to sell open to sky parking areas or stilted portion usable as parking space as these are not “flat” within the meaning of Section 2(a-1) of MOFA and, therefore, not sellable independently as a flat or along with a flat.