SlideShare a Scribd company logo
DEPARTMENT OF CORPORATE SECRETARYSHIP
I- M.COM (CS)
SWATHI S
232CR008
Dr. N.G.P. ARTS AND SCIENCE COLLEGE
(An Autonomous Institution, Affiliated to Bharathiar University, Coimbatore)
Approved by Government of Tamil Nadu and Accredited by NAAC with 'A' Grade (2nd Cycle)
Dr. N.G.P.- Kalapatti Road, Coimbatore-641048, Tamil Nadu, India
Web: www.drngpasc.ac.in | Email: info@drngpasc.ac.in | Phone: +91-422-2369100
• Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to
protect his invention or creation for a certain period of time.
• These legal rights confer an exclusive right to the investor/creator or his assignee to fully utilize
his invention/creation for a given period of time.
• There are 4 types of intellectual property rights and they are patents, trademarks, copyrights, and
trade secrets.
INTELLECTUAL PROPERTY RIGHTS
PATENTS: A patent is an exclusive right granted for an invention, which is a product or a
process that provides, in general, a new way of doing something, or offers a new technical
solution to a problem. To get a patent, technical information about the invention must be disclosed
to the public in a patent application.
TRADEMARK: A trademark is a sign capable of distinguishing the goods or services of one
enterprise from those of other enterprises. Trademarks are protected by intellectual property
rights.
COPYRIGHT: Copyright is an intellectual property right that law gives to a creator of literary,
dramatic, musical, and artistic work and a producer of cinematograph films and sound recordings.
It also applies to architectural works and computer program/software.
TRADE SECRET: Trade secrets are intellectual property (IP) rights on confidential information
which may be sold or licensed. In general, to qualify as a trade secret, the information must be:
commercially valuable because it is secret, be known only to a limited group of persons.
Case Study: Coca-Cola Company Vs. Bisleri International Pvt. Ltd.
CASE STUDY
• The case Coca-cola vs. Bisleri international is a landmark judgment in the history
of intellectual property rights in India.
• Bisleri International which is famous for bottled water was a defendant in this
case and the case was filled by coca-cola company, the largest company to
produce soft drinks, here, is a plaintiff.
• There was a dispute between Coca-cola and Bisleri international over a trademark
of Mazza, popularly known as the Mazza war.
INTRODUCTION
• On 18 September 1993 defendant, Bisleri International earlier known as Aqua
Minerals Pvt Limited sold its, intellectual property rights to five other brands
called Thums Up, Limca, Gold Spot, Citra, and Mazza.
• The intellectual property rights include trademark, formulation rights, goodwill,
and know-how.
• In 2008, the plaintiff filed an application for registration of the trademark
‘MAZZA’ in Turkey.
• After intimation of this information to the defendant, the defendant sent a legal
notice to the plaintiff renouncing the Licensing agreement and terminating the
plaintiff from further production of product Mazza or using its trademark directly
or indirectly.
FACTS
• The notice said that plaintiff had breached the agreement by applying for
registration of trademark ‘MAZZA’ in Turkey.
• However, it was also found by The Coca-Cola Company that Bisleri had allowed
third-party companies interventions such as Verma International and M/s. Indian
Canning Industries and had been selling the products in Turkey via Aqua Minerals
now known as Bisleri.
Issues raised in Delhi High Court were :
1. Whether Delhi High Court has jurisdiction over this matter?
2. Has infringement of trademark occurred?
3. Is the plaintiff entitled to get a permanent injunction?
4. Whether export of the products with the trademark “MAZZA” considered a
trademark infringement in the exporting nation?
5. Is ‘Varma International’ a party in this case?
ISSUES
• According to Sections 41(h) and 41(l) of the Specific Relief Act 1993, the suit
cannot be barred as there was a detrimental or consensual contract between the
two parties. And therefore the plaintiff is entitled to get a permanent injunction in
order to fulfil and enforce their exclusive rights.
• And according to section 42 of the Specific Relief Act 1993, the defendant
company is not entitled to use the trademark ‘MAZZA’. It says that “the plaintiff
will be entitled to the injunction if they had performed their part of the contract as
was binding on them.” This means the plaintiff will get an injunction if he has
done or completed his part of the contract.
RULES
• The argument made by the plaintiff was as the trademark MAZZA was assigned to
coca-cola in the Indian market. Any production or manufacture of a product with
this trademark to sell in India or to export to another nation would be considered
an infringement of trademark and IPR laws.
• In the counter-argument, the defendant argued that, as the product is sold in
Turkey and not India there was no infringement of the plaintiff’s right. It was
further argued that the defendant has registered the trademark MAZZA worldwide
and so it has the authority to sell its product anywhere in the world.
ARGUMENTS
Identical or Perplexingly Similar: The contested domain name incorporates the
Complainant's trademark COCA-COLA, as well as the second-level domain
characters ".eu" and the generic top-level domain extension ".com." Neither the
second level nor the gTLD characters differentiate the domain name – that is, the
Complainant's patented COCA-COLA is the domain name's only distinguishing
attribute. The contested domain name is confusingly identical to the Complainant's
trademark, according to this Panel.
DISCUSSION AND RESULTS
Legitimate Interests vs. Rights: The absence of a provision for a registrant of a
third-level domain name in the.eu.com> domain to determine eligibility to the
domain name (or, as the Respondents put it, the absence of “restrictions” on
registration) does not imply that registration alone confers a right or legal interest in
the domain name. The Respondents have not presented any proof of any fact that
would determine they have a right or legal interest in the contested domain name,
and considering the Complainant's significant prestige in the COCA-COLA
trademark, this is particularly troubling, It is difficult to imagine the Respondents
have some right or legal interest in the domain name. The Respondents have no
rights or legal interests in the contested domain name, according to this Panel.
DISCUSSION AND RESULTS
Used in bad faith: The testimony shows that the first Respondent tried to transfer
the contested domain name to the Complainant in order to collect money for the
second Respondent's nascent political group. This data clearly supports the
argument that the Respondents registered the domain name solely to sell, rent, or
otherwise pass it to the Complainant for lucrative compensation in excess of
recorded out-of-pocket expenses specifically related to the domain name. According
to the Policy, paragraph 4(b)(i), this Panel determines that the disputed domain name
was registered and used in bad faith.
DISCUSSION AND RESULTS
• The defendant demanded the vacation of the court’s order on the grounds that this
court does not have the jurisdiction.
• However, according to the criminal law perspective, the Indian Penal Code (1860)
has an extra-territorial jurisdiction wherein an offence committed by an Indian
citizen on a foreign land will still hold that person liable.
• So according to this principle, Delhi high court has jurisdiction in this matter.
• The goods were manufactured in India and getting sold in Turkey due to this the
court has the power to take up this matter.
COURT’S DECISION
• The Delhi high court restricted the sale of Mazza product by Bisleri in India and
an interim order of injunction was passed against the defendant company Bisleri
preventing them to use the trademark each purchasable in India and export
merchandise.
• It absolutely was worn out in order to stop the plaintiff from suffering irreparable
loss and injury and the appeal filed by the Bisleri company was invalidated by the
court.
COURT’S DECISION
• It was also held that the manufacture of goods was meant to be for the sale in
other countries and Bisleri still had the right to sell products in other countries, the
court should have passed an order of injunction only for its sale in India and not
for the exports.
• Bisleri International Pvt. Ltd has registered the trademark of Mazza all over the
world whereas coca-cola company owned the trademark of Mazza only in India
and suddenly if it tries to take all the rights and trademark throughout the world
then it would be unjustified on their part to claim an injunction on the manufacture
for exports.
COURT’S DECISION
• And upon investigation, it was found that Verma International was exporting the
product with a trademark to Australia.
• The Court also held that there was an infringement of trademark because the
product was manufactured in India and then exported and in export, it is
considered to be a sale made in the nation, thus making Verma International a
party to the case.
• The Court further upheld the injunction against Verma International to prevent it
from making any further sales and costing The CocaCola Company a lot of
money.
COURT’S DECISION
• Trademark is one of the crucial aspects of IPR. It covers brand names and uses to
signify business and products which cannot be used by any other company.
• Bisleri was neither held liable for manufacturing and exporting the product nor
sharing the secret ingredients with Verma International due to a lack of proof.
• There is a high probability that bisleri has shared the secret beverage base with
Varma International.
• However, Varma international was held liable for infringement of trademark laws
and was restricted from exporting or selling the product of the coca-cola company
illegally.
CONCLUSION
CASESTUDY relatedtoACCOUNTINGmethods.pptx

More Related Content

Similar to CASESTUDY relatedtoACCOUNTINGmethods.pptx

Case studies of business law
Case studies of business lawCase studies of business law
Case studies of business lawVictor Solomon
 
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...eTailing India
 
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...Salman Ahmed
 
intellectual property in industry.ppt
intellectual property in industry.pptintellectual property in industry.ppt
intellectual property in industry.pptwadhava gurumeet
 
TM Infringement- Rajeev Mandal.
TM Infringement- Rajeev Mandal.TM Infringement- Rajeev Mandal.
TM Infringement- Rajeev Mandal.Rajiv Mandal
 
trademark Act ( cap 506 ).ppt Kenyan act
trademark Act ( cap 506 ).ppt Kenyan acttrademark Act ( cap 506 ).ppt Kenyan act
trademark Act ( cap 506 ).ppt Kenyan actMwauraMourice
 
Parallel imports : Samsung case
Parallel imports :  Samsung caseParallel imports :  Samsung case
Parallel imports : Samsung caseRohit Kumar
 
Previous judgments walking down the lane to 2021
Previous judgments walking down the lane to 2021Previous judgments walking down the lane to 2021
Previous judgments walking down the lane to 2021kashishworld
 
INTELLECTUAL PROPERTY RIGHTS.pptx
INTELLECTUAL PROPERTY RIGHTS.pptxINTELLECTUAL PROPERTY RIGHTS.pptx
INTELLECTUAL PROPERTY RIGHTS.pptxVenketeshKumbhar2
 
Intellectual property rights
Intellectual property rightsIntellectual property rights
Intellectual property rightstvswaroop
 
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptxVSSriya
 
ECE_Licensing _Lec goof forf iosh oos p1.1.pptx
ECE_Licensing _Lec  goof forf iosh oos p1.1.pptxECE_Licensing _Lec  goof forf iosh oos p1.1.pptx
ECE_Licensing _Lec goof forf iosh oos p1.1.pptxAtomiXarea
 
Microsoft power point intellectual property law trademarks remedies unit-v ...
Microsoft power point   intellectual property law trademarks remedies unit-v ...Microsoft power point   intellectual property law trademarks remedies unit-v ...
Microsoft power point intellectual property law trademarks remedies unit-v ...sanjeev kumar chaswal
 

Similar to CASESTUDY relatedtoACCOUNTINGmethods.pptx (20)

Law ppt
Law pptLaw ppt
Law ppt
 
ip-P,TM,ID
ip-P,TM,IDip-P,TM,ID
ip-P,TM,ID
 
Case studies of business law
Case studies of business lawCase studies of business law
Case studies of business law
 
Case study
Case studyCase study
Case study
 
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...
Protecting Your IPR (Intellectual Property) by Disha Dewan at eTailing India ...
 
Trade mark
Trade markTrade mark
Trade mark
 
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...
PATENTS, TRADEMARK AND INDUSTRIAL DESIGN AS A PART OF INTELLECTUAL PROPERTY R...
 
intellectual property in industry.ppt
intellectual property in industry.pptintellectual property in industry.ppt
intellectual property in industry.ppt
 
TM Infringement- Rajeev Mandal.
TM Infringement- Rajeev Mandal.TM Infringement- Rajeev Mandal.
TM Infringement- Rajeev Mandal.
 
Injunctions
InjunctionsInjunctions
Injunctions
 
trademark Act ( cap 506 ).ppt Kenyan act
trademark Act ( cap 506 ).ppt Kenyan acttrademark Act ( cap 506 ).ppt Kenyan act
trademark Act ( cap 506 ).ppt Kenyan act
 
Parallel imports : Samsung case
Parallel imports :  Samsung caseParallel imports :  Samsung case
Parallel imports : Samsung case
 
Previous judgments walking down the lane to 2021
Previous judgments walking down the lane to 2021Previous judgments walking down the lane to 2021
Previous judgments walking down the lane to 2021
 
Ipr (case studies)
Ipr (case studies)Ipr (case studies)
Ipr (case studies)
 
INTELLECTUAL PROPERTY RIGHTS.pptx
INTELLECTUAL PROPERTY RIGHTS.pptxINTELLECTUAL PROPERTY RIGHTS.pptx
INTELLECTUAL PROPERTY RIGHTS.pptx
 
Intellectual property rights
Intellectual property rightsIntellectual property rights
Intellectual property rights
 
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx
5aa443d6-0eb2-4b6d-8aa2-de9bfa8b947f.pptx
 
ECE_Licensing _Lec goof forf iosh oos p1.1.pptx
ECE_Licensing _Lec  goof forf iosh oos p1.1.pptxECE_Licensing _Lec  goof forf iosh oos p1.1.pptx
ECE_Licensing _Lec goof forf iosh oos p1.1.pptx
 
Microsoft power point intellectual property law trademarks remedies unit-v ...
Microsoft power point   intellectual property law trademarks remedies unit-v ...Microsoft power point   intellectual property law trademarks remedies unit-v ...
Microsoft power point intellectual property law trademarks remedies unit-v ...
 
Trademarks
TrademarksTrademarks
Trademarks
 

Recently uploaded

Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...
Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...
Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...rajpal6695
 
一比一原版(DU毕业证)迪肯大学毕业证成绩单
一比一原版(DU毕业证)迪肯大学毕业证成绩单一比一原版(DU毕业证)迪肯大学毕业证成绩单
一比一原版(DU毕业证)迪肯大学毕业证成绩单zvaywau
 
PHOTO PRESENTATION Z.pdf ...............
PHOTO PRESENTATION Z.pdf ...............PHOTO PRESENTATION Z.pdf ...............
PHOTO PRESENTATION Z.pdf ...............kahnanews24
 
Inter-Dimensional Girl Boards Segment (Act 3)
Inter-Dimensional Girl Boards Segment (Act 3)Inter-Dimensional Girl Boards Segment (Act 3)
Inter-Dimensional Girl Boards Segment (Act 3)CristianMestre
 
Winning Shots from Siena International Photography Awards 2015
Winning Shots from Siena International Photography Awards 2015Winning Shots from Siena International Photography Awards 2015
Winning Shots from Siena International Photography Awards 2015rajeshkumar821445
 
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单一比一原版(GU毕业证)格里菲斯大学毕业证成绩单
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单zvaywau
 
The Legacy of Breton In A New Age by Master Terrance Lindall
The Legacy of Breton In A New Age by Master Terrance LindallThe Legacy of Breton In A New Age by Master Terrance Lindall
The Legacy of Breton In A New Age by Master Terrance LindallBBaez1
 
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.docjosegrimaldo17
 
Hat in European paintings .ppsx
Hat    in    European    paintings .ppsxHat    in    European    paintings .ppsx
Hat in European paintings .ppsxguimera
 
2137ad Merindol Colony Interiors where refugee try to build a seemengly norm...
2137ad  Merindol Colony Interiors where refugee try to build a seemengly norm...2137ad  Merindol Colony Interiors where refugee try to build a seemengly norm...
2137ad Merindol Colony Interiors where refugee try to build a seemengly norm...luforfor
 
indian folk dances and their significance
indian folk dances and their significanceindian folk dances and their significance
indian folk dances and their significanceksathish10
 
Portfolio slide deck example number one.pdf
Portfolio slide deck example number one.pdfPortfolio slide deck example number one.pdf
Portfolio slide deck example number one.pdfkayleeachang
 
Sisters_Bond_storyboard.pdf_____________
Sisters_Bond_storyboard.pdf_____________Sisters_Bond_storyboard.pdf_____________
Sisters_Bond_storyboard.pdf_____________LauraBegliomini1
 
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理dsenv
 
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理一比一原版NYU毕业证纽约大学毕业证成绩单如何办理
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理beduwt
 
Family Group Pottery Sessions in Abu Dhabi
Family Group Pottery Sessions in Abu DhabiFamily Group Pottery Sessions in Abu Dhabi
Family Group Pottery Sessions in Abu DhabiAbu Dhabi Pottery
 
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...ikennaaghanya
 
acting board rough title here lolaaaaaaa
acting board rough title here lolaaaaaaaacting board rough title here lolaaaaaaa
acting board rough title here lolaaaaaaaangelicafronda7
 
Cultural Landscapes: Preserving Heritage Through Museums and Exhibitions
Cultural Landscapes: Preserving Heritage Through Museums and ExhibitionsCultural Landscapes: Preserving Heritage Through Museums and Exhibitions
Cultural Landscapes: Preserving Heritage Through Museums and Exhibitionsjaafarshaikh
 

Recently uploaded (20)

Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...
Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...
Nagpur_❤️Call Girl Starting Price Rs 12K ( 7737669865 ) Free Home and Hotel D...
 
一比一原版(DU毕业证)迪肯大学毕业证成绩单
一比一原版(DU毕业证)迪肯大学毕业证成绩单一比一原版(DU毕业证)迪肯大学毕业证成绩单
一比一原版(DU毕业证)迪肯大学毕业证成绩单
 
PHOTO PRESENTATION Z.pdf ...............
PHOTO PRESENTATION Z.pdf ...............PHOTO PRESENTATION Z.pdf ...............
PHOTO PRESENTATION Z.pdf ...............
 
Inter-Dimensional Girl Boards Segment (Act 3)
Inter-Dimensional Girl Boards Segment (Act 3)Inter-Dimensional Girl Boards Segment (Act 3)
Inter-Dimensional Girl Boards Segment (Act 3)
 
European Cybersecurity Skills Framework Role Profiles.pdf
European Cybersecurity Skills Framework Role Profiles.pdfEuropean Cybersecurity Skills Framework Role Profiles.pdf
European Cybersecurity Skills Framework Role Profiles.pdf
 
Winning Shots from Siena International Photography Awards 2015
Winning Shots from Siena International Photography Awards 2015Winning Shots from Siena International Photography Awards 2015
Winning Shots from Siena International Photography Awards 2015
 
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单一比一原版(GU毕业证)格里菲斯大学毕业证成绩单
一比一原版(GU毕业证)格里菲斯大学毕业证成绩单
 
The Legacy of Breton In A New Age by Master Terrance Lindall
The Legacy of Breton In A New Age by Master Terrance LindallThe Legacy of Breton In A New Age by Master Terrance Lindall
The Legacy of Breton In A New Age by Master Terrance Lindall
 
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc
2º CALIGRAFIAgggggggggggggggggggggggggggggggggggggg.doc
 
Hat in European paintings .ppsx
Hat    in    European    paintings .ppsxHat    in    European    paintings .ppsx
Hat in European paintings .ppsx
 
2137ad Merindol Colony Interiors where refugee try to build a seemengly norm...
2137ad  Merindol Colony Interiors where refugee try to build a seemengly norm...2137ad  Merindol Colony Interiors where refugee try to build a seemengly norm...
2137ad Merindol Colony Interiors where refugee try to build a seemengly norm...
 
indian folk dances and their significance
indian folk dances and their significanceindian folk dances and their significance
indian folk dances and their significance
 
Portfolio slide deck example number one.pdf
Portfolio slide deck example number one.pdfPortfolio slide deck example number one.pdf
Portfolio slide deck example number one.pdf
 
Sisters_Bond_storyboard.pdf_____________
Sisters_Bond_storyboard.pdf_____________Sisters_Bond_storyboard.pdf_____________
Sisters_Bond_storyboard.pdf_____________
 
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理
一比一原版IIT毕业证伊利诺伊理工大学毕业证成绩单如何办理
 
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理一比一原版NYU毕业证纽约大学毕业证成绩单如何办理
一比一原版NYU毕业证纽约大学毕业证成绩单如何办理
 
Family Group Pottery Sessions in Abu Dhabi
Family Group Pottery Sessions in Abu DhabiFamily Group Pottery Sessions in Abu Dhabi
Family Group Pottery Sessions in Abu Dhabi
 
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...
Digital/Computer Paintings as a Modern- day Igbo Artists’ vehicle for creatin...
 
acting board rough title here lolaaaaaaa
acting board rough title here lolaaaaaaaacting board rough title here lolaaaaaaa
acting board rough title here lolaaaaaaa
 
Cultural Landscapes: Preserving Heritage Through Museums and Exhibitions
Cultural Landscapes: Preserving Heritage Through Museums and ExhibitionsCultural Landscapes: Preserving Heritage Through Museums and Exhibitions
Cultural Landscapes: Preserving Heritage Through Museums and Exhibitions
 

CASESTUDY relatedtoACCOUNTINGmethods.pptx

  • 1. DEPARTMENT OF CORPORATE SECRETARYSHIP I- M.COM (CS) SWATHI S 232CR008 Dr. N.G.P. ARTS AND SCIENCE COLLEGE (An Autonomous Institution, Affiliated to Bharathiar University, Coimbatore) Approved by Government of Tamil Nadu and Accredited by NAAC with 'A' Grade (2nd Cycle) Dr. N.G.P.- Kalapatti Road, Coimbatore-641048, Tamil Nadu, India Web: www.drngpasc.ac.in | Email: info@drngpasc.ac.in | Phone: +91-422-2369100
  • 2. • Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time. • These legal rights confer an exclusive right to the investor/creator or his assignee to fully utilize his invention/creation for a given period of time. • There are 4 types of intellectual property rights and they are patents, trademarks, copyrights, and trade secrets. INTELLECTUAL PROPERTY RIGHTS
  • 3. PATENTS: A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application. TRADEMARK: A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights.
  • 4. COPYRIGHT: Copyright is an intellectual property right that law gives to a creator of literary, dramatic, musical, and artistic work and a producer of cinematograph films and sound recordings. It also applies to architectural works and computer program/software. TRADE SECRET: Trade secrets are intellectual property (IP) rights on confidential information which may be sold or licensed. In general, to qualify as a trade secret, the information must be: commercially valuable because it is secret, be known only to a limited group of persons.
  • 5. Case Study: Coca-Cola Company Vs. Bisleri International Pvt. Ltd. CASE STUDY
  • 6. • The case Coca-cola vs. Bisleri international is a landmark judgment in the history of intellectual property rights in India. • Bisleri International which is famous for bottled water was a defendant in this case and the case was filled by coca-cola company, the largest company to produce soft drinks, here, is a plaintiff. • There was a dispute between Coca-cola and Bisleri international over a trademark of Mazza, popularly known as the Mazza war. INTRODUCTION
  • 7. • On 18 September 1993 defendant, Bisleri International earlier known as Aqua Minerals Pvt Limited sold its, intellectual property rights to five other brands called Thums Up, Limca, Gold Spot, Citra, and Mazza. • The intellectual property rights include trademark, formulation rights, goodwill, and know-how. • In 2008, the plaintiff filed an application for registration of the trademark ‘MAZZA’ in Turkey. • After intimation of this information to the defendant, the defendant sent a legal notice to the plaintiff renouncing the Licensing agreement and terminating the plaintiff from further production of product Mazza or using its trademark directly or indirectly. FACTS
  • 8. • The notice said that plaintiff had breached the agreement by applying for registration of trademark ‘MAZZA’ in Turkey. • However, it was also found by The Coca-Cola Company that Bisleri had allowed third-party companies interventions such as Verma International and M/s. Indian Canning Industries and had been selling the products in Turkey via Aqua Minerals now known as Bisleri.
  • 9. Issues raised in Delhi High Court were : 1. Whether Delhi High Court has jurisdiction over this matter? 2. Has infringement of trademark occurred? 3. Is the plaintiff entitled to get a permanent injunction? 4. Whether export of the products with the trademark “MAZZA” considered a trademark infringement in the exporting nation? 5. Is ‘Varma International’ a party in this case? ISSUES
  • 10. • According to Sections 41(h) and 41(l) of the Specific Relief Act 1993, the suit cannot be barred as there was a detrimental or consensual contract between the two parties. And therefore the plaintiff is entitled to get a permanent injunction in order to fulfil and enforce their exclusive rights. • And according to section 42 of the Specific Relief Act 1993, the defendant company is not entitled to use the trademark ‘MAZZA’. It says that “the plaintiff will be entitled to the injunction if they had performed their part of the contract as was binding on them.” This means the plaintiff will get an injunction if he has done or completed his part of the contract. RULES
  • 11. • The argument made by the plaintiff was as the trademark MAZZA was assigned to coca-cola in the Indian market. Any production or manufacture of a product with this trademark to sell in India or to export to another nation would be considered an infringement of trademark and IPR laws. • In the counter-argument, the defendant argued that, as the product is sold in Turkey and not India there was no infringement of the plaintiff’s right. It was further argued that the defendant has registered the trademark MAZZA worldwide and so it has the authority to sell its product anywhere in the world. ARGUMENTS
  • 12. Identical or Perplexingly Similar: The contested domain name incorporates the Complainant's trademark COCA-COLA, as well as the second-level domain characters ".eu" and the generic top-level domain extension ".com." Neither the second level nor the gTLD characters differentiate the domain name – that is, the Complainant's patented COCA-COLA is the domain name's only distinguishing attribute. The contested domain name is confusingly identical to the Complainant's trademark, according to this Panel. DISCUSSION AND RESULTS
  • 13. Legitimate Interests vs. Rights: The absence of a provision for a registrant of a third-level domain name in the.eu.com> domain to determine eligibility to the domain name (or, as the Respondents put it, the absence of “restrictions” on registration) does not imply that registration alone confers a right or legal interest in the domain name. The Respondents have not presented any proof of any fact that would determine they have a right or legal interest in the contested domain name, and considering the Complainant's significant prestige in the COCA-COLA trademark, this is particularly troubling, It is difficult to imagine the Respondents have some right or legal interest in the domain name. The Respondents have no rights or legal interests in the contested domain name, according to this Panel. DISCUSSION AND RESULTS
  • 14. Used in bad faith: The testimony shows that the first Respondent tried to transfer the contested domain name to the Complainant in order to collect money for the second Respondent's nascent political group. This data clearly supports the argument that the Respondents registered the domain name solely to sell, rent, or otherwise pass it to the Complainant for lucrative compensation in excess of recorded out-of-pocket expenses specifically related to the domain name. According to the Policy, paragraph 4(b)(i), this Panel determines that the disputed domain name was registered and used in bad faith. DISCUSSION AND RESULTS
  • 15. • The defendant demanded the vacation of the court’s order on the grounds that this court does not have the jurisdiction. • However, according to the criminal law perspective, the Indian Penal Code (1860) has an extra-territorial jurisdiction wherein an offence committed by an Indian citizen on a foreign land will still hold that person liable. • So according to this principle, Delhi high court has jurisdiction in this matter. • The goods were manufactured in India and getting sold in Turkey due to this the court has the power to take up this matter. COURT’S DECISION
  • 16. • The Delhi high court restricted the sale of Mazza product by Bisleri in India and an interim order of injunction was passed against the defendant company Bisleri preventing them to use the trademark each purchasable in India and export merchandise. • It absolutely was worn out in order to stop the plaintiff from suffering irreparable loss and injury and the appeal filed by the Bisleri company was invalidated by the court. COURT’S DECISION
  • 17. • It was also held that the manufacture of goods was meant to be for the sale in other countries and Bisleri still had the right to sell products in other countries, the court should have passed an order of injunction only for its sale in India and not for the exports. • Bisleri International Pvt. Ltd has registered the trademark of Mazza all over the world whereas coca-cola company owned the trademark of Mazza only in India and suddenly if it tries to take all the rights and trademark throughout the world then it would be unjustified on their part to claim an injunction on the manufacture for exports. COURT’S DECISION
  • 18. • And upon investigation, it was found that Verma International was exporting the product with a trademark to Australia. • The Court also held that there was an infringement of trademark because the product was manufactured in India and then exported and in export, it is considered to be a sale made in the nation, thus making Verma International a party to the case. • The Court further upheld the injunction against Verma International to prevent it from making any further sales and costing The CocaCola Company a lot of money. COURT’S DECISION
  • 19. • Trademark is one of the crucial aspects of IPR. It covers brand names and uses to signify business and products which cannot be used by any other company. • Bisleri was neither held liable for manufacturing and exporting the product nor sharing the secret ingredients with Verma International due to a lack of proof. • There is a high probability that bisleri has shared the secret beverage base with Varma International. • However, Varma international was held liable for infringement of trademark laws and was restricted from exporting or selling the product of the coca-cola company illegally. CONCLUSION