2017-TIOLCORP-21-SEBI

Asit C Mehta

Whether that as per Regulation 11(2) of the SAST Regulations, 1997, any acquirer together with PACs holding 55% but less than 75% of the shares or voting rights in a company is required to make public announcement if it acquires any additional shares or voting rights in that company -YES: SEBI

Whether failure to make public announcement would entail violation of Regulation 11(2) of the SAST regulations - YES : SEBI

Whether a statute /amendment is always prospective unless they are expressly made retrospective in operation - YES: SEBI

Whether a transaction in a scrip where total quantity of shares bought / sold is more than 0.5% of the number of equity shares of the Company listed on the exchange would be treated as 'bulk deal' - YES: SEBI

- Penalty imposed : SEBI

2017-TIOLCORP-62-HC-DEL-IPR

Ferrero Spa Vs Maa Distribution India Pvt Ltd

Whether permanent injunction can be granted if a prima facie case for copying of a well known trademark and trade dress is established - YES: HC

- Case Allowed : DELHI HIGH COURT

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