TM rights in Shakti Bhog controversy amid insolvency proceedings Amid the ongoing criminal proceedings alleging fraud and money laundering against officers of the Shakti Bhog companies and of creditor bank employees, insolvency proceedings are underway and have been for some time. A dispute concerning ownership of intellectual property rights in a valuable trade mark is part of the insolvency process.
In Shakti Bhog Foods Ltd and Anr [SBFL] v Kumar Food Industries Ltd and Ors [KFIL], the Delhi High Court made a significant interim ruling. The dispute concerned the alleged infringement of the well-known Shakti Bhog trade mark. SBFL is a leading food manufacturer and distribution company in the flour and rice sector. The company sought a p…
Read the full article at: https://law.asia/tm-rights-shakti-bhog-controversy/