2017-TIOLCORP-NEWS-130 | Tuesday, July 04, 2017

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2017-TIOLCORP-27-SEBI

FCI Financial Services Ltd

ether imposition of penalty is called for if the intermediary, in respect of whom an investigation was carried out, had complied with many of the observations pointed out by the inspection team and there are no serious observations that the interest of investors is being adversely affected - NO: SEBI

Whether matters in respect of offences committed under PMLA are to be referred to the Financial Investigation Unit (FIU) by SEBI for further investigation - YES: SEBI

- Adjudication disposed of: SEBI

 
IP LAWS
 

2017-TIOLCORP-71-HC-DEL-IPR

GD Foods Manufacturing India Pvt Ltd Vs Zihawa Foods Pvt Ltd

Whether the Court within whose jurisdiction even a part of cause of action arises has the jurisdiction to entertain the suit - YES: HC

Whether in terms of Section 134 of the Trade Marks Act, 1999 the Court within whose jurisdiction the plaintiff actually and voluntarily resides or carries on business or personally works for gain has the jurisdiction notwithstanding anything contained in CPC or any other law for the time being in force - YES: HC

Whether while dealing with the application under Order 7 Rule 11 CPC, the Court has to rely on the averments in the plaint only - YES: HC

Whether when the plaintiff has averred in the plaint that it has registered office with the jurisdiction of a Court or that defendant's product are being sold wi ht the such jurisdiction then as per Order 7 Rule 11 such Court will have jurisdiction to entertain the suit for infringement of trademark - YES: HC

Whether the question of jurisdiction has to be decided on the basis of averments in the plaint and not on the basis of defence - YES: HC

- Application dismissed: DELHI HIGH COURT

 
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