2017-TIOLCORP-NEWS-126 | Wednesday, June 28, 2017

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CAPITAL MARKET LAWS
 
2017-TIOLCORP-25-SEBI

Bio Tea Estates Ltd

Whether imposition of penalty is warranted if a listed company fails to obtain SCORES authentication within the time frame stipulated by SEBI and also fails to redress pending investor grievances - YES: SEBI

Whether penalty is attracted as soon as the contravention of the statutory obligation as contemplated by the Act and the Regulations is established and intention of the parties committing such violation becomes wholly irrelevant - YES : SEBI

- Directions imposed: SEBI

 
IP LAWS
 
2017-TIOLCORP-69-HC-DEL-IPR

Cureway Drugs Vs Sahajanand Health Care

Whether a decree for delivery up and damages would be passed if there is no intention to infringe upon the copyrighted product and on acquiring knowledge about existence of such registered Copyright, the idea of trading/supplying under the same was dropped by the party - YES: HC

- Case Allowed: DELHI HIGH COURT

 
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