2017-TIOLCORP-NEWS-006 | Monday, January 09, 2017

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COMPANIES LAWS
 
2017-TIOLCORP-04-HC-MUM-CA

Life Insurance Corporation Of India Vs Varun Global Ltd

Whether winding up petition can be dismissed on the ground that scheme/restructuring package is offered for repayment of loan amount due - NO : HC

Whether maintenance of winding up petition cannot be questioned when the security given for loan itself has expired and cannot be enforced - YES : HC

Whether winding up petition can be accepted when the petitioner has prima facie shown that defaulter company is unwilling and unable to pay its debts -YES: HC

- Petition allowed: BOMBAY HIGH COURT

 
IP LAWS
 
2017-TIOLCORP-05-HC-DEL-IPR

Montblanc Simplo Gmbh Vs Gaurav Bhatia

Whether trading and dealing in the counterfeit products of another who is real owner enjoying brand image and reputation is infringement of trademark - YES : HC

Whether permanent injunction order can be passed against the person who infringed the trademark of another by selling counterfeit product on its web site at discounted rate - YES : HC

- Case Partly allowed: DELHI HIGH COURT
 

 

 

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