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High Court Rules Royalty Expenditure as Revenue, Restricts Licensee from Exploiting Know-How.

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Full Text of the Document

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....Expenditure on Royalty - Revenue or Capital? - the licensee shall have no right to exploit or in any way to use the know-how and shall forthwith discontinue all use of the know-how and shall not thereafter use the know-how - held as revenue in nature - HC....

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