2020-TIOLCORP-NEWS-134| Thursay July 02, 2020

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COMPANIES LAWS
  2020-TIOLCORP-27-HC-DEL-IBC

GE Power India Ltd Vs NHPC Ltd

Whether civil court has jurisdiction to entertain the suit against corporate debtor in case of infringement of copyright even if insolvency proceedings are pending before NCLT - NO: HC

Appeal dismissed: DELHI HIGH COURT

 
IP LAWS
  2020-TIOLCORP-28-HC-MAD-IPR

ITC Ltd Vs Nestle India Ltd

Whether where the term 'magic' is not an invented or distinctive word & as it qualifies as laudatory word, such a term cannot be monopolised as it is common to the trade - YES: HC

Whether where the terms 'magic', 'magical' and 'masala' are all laudatory words, it is not open to any entity to claim monopoly over such words, despite there being a phonetic similarity between the words - YES: HC

Whether trade mark law permits an entity to dissect its label to conclude that another entity has copied the former's sub-brand, where the same was never conceived as a brand or trade mark by the former - NO: HC

Whether therefore charges of mis-representation of trade mark merit being dropped as there are no visual similarities between the wrappers of the competing brands, leaving no scope to infer passing off - YES: HC

- Civil Suit dismissed: MADRAS HIGH COURT

2020-TIOLCORP-27-HC-DEL-IPR

Sun Pharma Laboratories Ltd Vs BDR Pharmaceuticals International Pvt Ltd

Whether where medicinal products are involved, comparison of marks is stricter as confusion not only creates economic loss but can have adverse effect on health and life of person - YES : HC

Whether when marks LULIBET and LABEBET are compared as a whole, defendant's mark is phonetically, visually and structurally similar to that of plaintiff mark - YES : HC

- Order passed in favour of Plaintiff: DELHI HIGH COURT

 
HIGH LIGHTS (SISTER PORTAL)
 

TIOL

Post-COVID-19 - New World Order - ' Chini Kum ' if eye is on rule-based stability!

Govt notifies standardised transport vehicles dimensions based on global norms

Digital transactions - Daily average soars from Rs 66 lakh in 2014 to 16.3 Cr in 2020

COVID-19 - Recovery rate touches 59.43%

GST Day - FM stresses on simplified tax administration

Is India's GST Law geared to support the Fintech revolution in the post-Covid market?

TOG

COVID-19 - Centre prods States to adopt 'test-track-treat' approach

Railways invites RFQ for private participation for operation of train services

 

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FLASH NEWS
Patanjali gets nod to sell 'Coronil kit' as immunity booster

In order to settle kickback charges in US, Novartis pays $729 million

MCA21 Ticketing and Voice Help Desk is functional now

 
CORP BRIEF
Petroleum Products demand limping back to normal

Gowda reviews progress of RFCL's Ramagundam project

 
SEBI CIRCULAR
Standard Operating Procedure in the cases of Trading Member / Clearing Member leading to default

Relaxation from compliance to REITs and InvITs due to the CoVID-19 virus pandemic

 
SEBI NOTIFICATION
SEBI (Substantial Acquisition Of Shares And Takeovers) (Third Amendment) Regulations, 2020  
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