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Bombay High Court Rejects Plea To Restrain Serum Institute Of India From Using 'COVISHIELD' Trademark


Bombay High Court Rejects Plea To Restrain Serum Institute Of India From Using COVISHIELD Trademark
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The Bombay High Court on Tuesday refused to grant interim relief to pharmaceutical company Cutis Biotech and restrain Serum Institute of India (SII) from using the trademark Covishield, for its coronavirus vaccine.
A division bench of
Justices Nitin Jamdar and C. V. Bhadang said that the Nanded civil court s order, refusing Cutis an injunction against Serum Institute was not arbitrary or perverse warranting the HC s intervention.
The bench added that restraining SII from temporarily using the trademark would have
large-scale ramifications ....

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Oyo-Zo Rooms case: Arbitrator says Oyo bound by term sheet with Zo


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Although the Oyo-Zo Rooms deal failed to fructify, the arbitrator said claimant Zo Rooms parent, Zostel Hospitality, was entitled to claim relief in the form of allotment of shares from the respondent, Oyo parent Oravel Stays. The order also said Zo Rooms was entitled to claim costs of its case.
“The claimant cannot be held responsible for the acts and omissions of the respondent and/or its shareholders, by virtue of which some of the obligations could not be fulfilled by the claimant. This tribunal has held that claimant no. 1 is entitled to claim/pray for the relief of allotment of shares from the respondent to claimant nos. 2 to 17,” read the order. ....

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