https://www.taxtmi.com/caselaws?id=418586 The Tribunal dismissed the application seeking a declaration that the registered trademark "RATHI" is not an asset of the Corporate Debtor and that its usage was illegal under the Insolvency & Bankruptcy Code. The Tribunal found no merit in the application as the trademark ownership issue was pending before the Hon'ble Delhi High Court and no direction was necessary regarding the trademark's status as an asset of the Corporate Debtor. The application was ultimately dismissed due to the lack of direction from the High Court and the ongoing nature of the matter before the court. en-us Fri, 11 Feb 2022 00:00:00 +0530 Mon, 21 Feb 2022 08:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418586 The Tribunal dismissed the application seeking a declaration that the registered trademark "RATHI" is not an asset of the Corporate Debtor and that its usage was illegal under the Insolvency & Bankruptcy Code. The Tribunal found no merit in the application as the trademark ownership issue was pending before the Hon'ble Delhi High Court and no direction was necessary regarding the trademark's status as an asset of the Corporate Debtor. The application was ultimately dismissed due to the lack of direction from the High Court and the ongoing nature of the matter before the court. Case-Laws Insolvency and Bankruptcy Fri, 11 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418586