Delhi High Court Sends Too Yumm’s Infringement Case Against Haldirams To Mediation

Delhi High Court Sends Too Yumm’s Infringement Case Against Haldirams To Mediation The Delhi High Court has referred to mediation a lawsuit filed by Guiltfree Industries, the manufacturer of Too Yumm, accusing Haldirams of copying the distinctive packaging of its “Bhoot Chips” product. The suit alleges that Haldirams’ ‘Takatak Bhoot Chilli’ packaging is a “slavish

... Continue Reading.

Andhra Pradesh High Court: Pleadings On Suppression Of Facts And Wilful Evasion Of Tax Essential For Invoking S.21(5) Of VAT Act

Andhra Pradesh High Court: Pleadings On Suppression Of Facts And Wilful Evasion Of Tax Essential For Invoking S.21(5) Of VAT Act The Andhra Pradesh High Court has ruled that the suppression of material facts must be clearly pleaded in an assessment order for Section 21(5) of the Act to apply, extending the limitation period for

... Continue Reading.

SEBI Probes LS Industries’ $1 Investment Turning $328.6 Million

SEBI Probes LS Industries’ $1 Investment Turning $328.6 Million Dubai-based investor Jahangir Panikkaveettil Perumbarambathu profited significantly from selling shares, raising concerns about FEMA violations The Securities and Exchange Board of India (SEBI) barred Himachal Pradesh-based LS Industries, its promoter Profound Finance, and four other entities from trading after allegations of fraudulent activities and stock price

... Continue Reading.

Court Grants Svamaan Financial Services Relief In Trademark Infringement Case

Court Grants Svamaan Financial Services Relief In Trademark Infringement Case The Delhi High Court has granted a temporary injunction in favor of Svamaan Financial Services Private Limited, a non-banking financial company (NBFC) providing microfinance loans, to prevent trademark infringement by other businesses using the ‘SAMMAAN’ formative name in their logos. Justice Amit Bansal observed that

... Continue Reading.

Supreme Court Upholds Arbitral Award Holding Husband Jointly Liable For Wife’s Stock Market Losses

Supreme Court Upholds Arbitral Award Holding Husband Jointly Liable For Wife’s Stock Market Losses In a significant ruling, the Supreme Court has held that an oral contract establishing joint and several liability falls within the scope of an arbitration clause. A Bench comprising Justices P.S. Narasimha and Sandeep Mehta upheld an arbitral award against a

... Continue Reading.

Les Echos-Le Parisien Desists Lawsuit Against Elon Musk’s X

Les Echos-Le Parisien Desists Lawsuit Against Elon Musk’s X In 2024, certain publications approached the court requesting compensation for the unpaid-for content on the social media platform Louis Vuitton-Moët-Hennessy (LVMH)-owned newspaper group Les Echos-Le Parisien has decided not to join a lawsuit involving French media against Elon Musk’s X and will not sue the platform.

... Continue Reading.