Delhi HC allows Tatas' appeal against cryptocurrency 'TATA Coin'

The Delhi High Court on Monday allowed an appeal by Tata Sons Private Ltd to grant an ad-interim injunction against Hakunamatata Tata Founders and others using the former's trademark for doing online trading in cryptocurrency 'TATA Coin.'

Delhi High Court

The Delhi High Court on Monday allowed an appeal by Tata Sons Private Ltd to grant an ad-interim injunction against Hakunamatata Tata Founders and others using the former's trademark for doing online trading in cryptocurrency 'TATA Coin.'

A bench of Justices Manoj Kumar Ohri and Mukta Gupta, in the order, noted that "the appellant (Tata) is known for the quality of its goods and services. Any dubious and inferior products sold through the respondents' website, using the appellant's trademark, can seriously damage its credibility".