May 16th 2024.
The company PhonePe has recently taken legal action against M/s Aniket Foods for violating their trademarks. In simpler terms, M/s Aniket Foods has been using the name 'PhonePe' without permission from the rightful owners.
The Calcutta High Court, in an order dated April 10, 2024, granted an ex-parte injunction in favor of PhonePe. This means that M/s Aniket Foods has been prohibited from manufacturing and selling products with the 'PhonePe' name. Additionally, a Special Officer of the Court was appointed to visit the premises of M/s Aniket Foods and take inventory of any illegally produced goods.
On April 19, 2024, the Special Officer completed their task and discovered a large quantity of products bearing the 'PhonePe' trademark. As a result, M/s Aniket Foods approached PhonePe to settle the matter outside of court. They also acknowledged the rights of PhonePe and agreed to stop their illegal activities.
In the compromise, M/s Aniket Foods admitted that PhonePe is the true and lawful owner of the 'PhonePe' trademarks under the Trademarks Act, Copyright Act, and common law. They also recognized that these trademarks are exclusively associated with PhonePe and are highly reputable and well-known.
Furthermore, PhonePe has been using the 'PhonePe' name for a longer period of time and it is a unique combination of the words 'Phone' and 'Pe'. As part of the settlement, M/s Aniket Foods has agreed to never use any similar names or trademarks that may cause confusion with PhonePe's brand.
The High Court approved the compromise on May 10, 2024, and ruled in favor of PhonePe. This means that PhonePe has successfully protected their trademarks and will continue to be the sole proprietor of the 'PhonePe' name.
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