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Newsletter- JANUARY 2019
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February 27, 2019 / April 17, 2024 by admin
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Delhi HC directs Kamla Nagar vendors to pay 20 Lakhs for selling Louboutin Knock-offs On 31st July, 2018, Delhi HC held that vendors cannot be permitted to enjoy the benefits of evasion or covert priorities by infringing Louboutin’s trademark. Thus, decreed for a sum of rs 20 lakhs to Louboutin along with 10% of interest […]
Hyderabad High Court Suspended an Order of the NCLT On July 16, 2018, in Ramky Infrastructure Ltd. vs Todi Minerals Pvt. Ltd., NCLT (Hyderabad Bench) assented for the initiation of Corporate Insolvency Resolution Process (CIRP) as provided by IBC against Corporate Debtor. The only objection raised on this was on the NCLT’s Jurisdiction to entertain the […]
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Promulgated On June 6, 2018, President assented for promulgation of Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018. Highlights of this Ordinance are: Homebuyers are recognised as Financial Creditors. Permission for withdrawal of Insolvency applications to be granted if it’s approved by 90% vote share of Committee of Creditors. […]
