Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
SC upheld the HC's decision rejecting the application under Order VII Rule 11 of CPC. The court established a two-pronged test for determining whether a work qualifies as a 'design' under the Designs Act, focusing on: (i) the nature of the artistic work and its industrial application, and (ii) the functional utility of the work. The Commercial Court was directed to conduct a comprehensive trial within one year, independently assessing the infringement claims and the true nature of the Proprietary Engineering Drawings, and to decide on the interim injunction application within two months.
SC upheld the HC's decision rejecting the application under Order VII Rule 11 of CPC. The court established a two-pronged test for determining whether a work qualifies as a 'design' under the Designs Act, focusing on: (i) the nature of the artistic work and its industrial application, and (ii) the functional utility of the work. The Commercial Court was directed to conduct a comprehensive trial within one year, independently assessing the infringement claims and the true nature of the Proprietary Engineering Drawings, and to decide on the interim injunction application within two months.
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