A old prices softened by Rs 480 to Rs 60,070 per 10 grams in the national capital on Thursday amid a decline in international precious metal prices, according to HDFC Securities.
A division bench of Delhi High Court has granted rights to use the brand name ‘Sugarlite’ to a Delhi-based ‘Make in India’ dairy products firm called Delhi Marketing.
As a consequence of this order in a trademark dispute, Zydus Wellness Limited, which sells a stevia-based sugar sweetener called ‘SugarLite’, will not be able to do so.
Delhi Marketing, which sells products such as curd under the brand name ‘Sugarlite’ initiated a suit filed in Patiala House Court against Zydus Wellness Ltd, alleging that Zydus is using a deceptively similar mark to confuse the customers.
However, Patiala House Court held that the visual appearance of the two marks was different and they also related to different class of
products.
The court further held that considering the manner in which the parties were trading, there would be no likelihood of confusion.
The court furthermore held that Delhi Marketing never gave any sales or expenditure figures qua promotion of the trademark ‘Sugarlite’ and that the trademark ‘Sugarlite’ was not a well-known trademark as per the act.
