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LITIGATIONS INVOLVING THE COMPANY- Litigation Based On Materiality Policy Of Our Company
| By/ Against | Name of the Opponent | Civil/ Criminal/ Tax proceedings AND Applicable Laws | Updated status/ Court | Amount involved (INR) |
|---|---|---|---|---|
| Against | Aegis Personal Care LLP | Civil/Commercial Suit | 10.11.2022 [Last date of hearing before the Bombay High Court | To appear for trial of the suit in usual course | Next date of hearing (NDOH) not given by the Court] | 2 Crore [The amount refers to ‘damages’ claimed in a Copyright Suit as an alternative remedy to rendering of accounts and not a liquidated claim/ operational or financial debt] |
Commercial IP (Intellectual Property) Suit bearing No. 350/2022
Aegis Personal Care LLP filed a Commercial IP (Intellectual Property) Suit bearing No. 350/2022 in the Bombay High Court against the Company and its Promoter/ Directors (Defendant Nos.1 to 3) alleging copyright violation of a cinematograph film titled ‘Ballistic Manscaping Body Trimmer | Zlade’ purportedly owned by it (Aegis). It is further alleged that the Defendant Nos. 1 to 3 unauthorizedly reproduced the same/ significant portion thereof on the social media platforms like Facebook or Youtube for promotion of products manufactured or marketed by the Defendant Nos. 1 to 3. Aegis claimed restraint orders on publication of the cinematograph film and damages of ₹ 2 Crore. The Defendant Nos. 1 to 3 have voluntarily undertaken to takedown the film from all social media platforms during pendency of the suit without admitting any wrongdoing or liability. Now the suit is to be adjudicated on whether any copyright violation, as alleged in the plaint, at all took place or not and whether Aegis is entitled to any damages and/or the quantum thereof, if at all. The suit is at pre-admission stage and no next date of hearing is available/ fixed.
LITIGATIONS INVOLVING THE PROMOTER OF THE COMPANY- Litigation Based On Materiality Policy Of Our Company
| By/ Against | Name of the Opponent | Civil/ Criminal/ Tax proceedings AND Applicable Laws | Updated status/ Court | Amount involved (INR) |
|---|---|---|---|---|
| Against | Aegis Personal Care LLP | Civil/Commercial Suit | 10.11.2022 [Last date of hearing before the Bombay High Court | To appear for trial of the suit in usual course | Next date of hearing (NDOH) not given by the Court] | 2 Crore [The amount refers to ‘damages’ claimed in a Copyright Suit as an alternative remedy to rendering of accounts and not a liquidated claim/ operational or financial debt] |
Commercial IP (Intellectual Property) Suit bearing No. 350/2022
Aegis Personal Care LLP filed a Commercial IP (Intellectual Property) Suit bearing No. 350/2022 in the Bombay High Court against the Company and its Promoter/ Directors (Defendant Nos.1 to 3) alleging copyright violation of a cinematograph film titled ‘Ballistic Manscaping Body Trimmer | Zlade’ purportedly owned by it (Aegis). It is further alleged that the Defendant Nos. 1 to 3 unauthorizedly reproduced the same/ significant portion thereof on the social media platforms like Facebook or Youtube for promotion of products manufactured or marketed by the Defendant Nos. 1 to 3. Aegis claimed restraint orders on publication of the cinematograph film and damages of ₹ 2 Crore. The Defendant Nos. 1 to 3 have voluntarily undertaken to takedown the film from all social media platforms during pendency of the suit without admitting any wrongdoing or liability. Now the suit is to be adjudicated on whether any copyright violation, as alleged in the plaint, at all took place or not and whether Aegis is entitled to any damages and/or the quantum thereof, if at all. The suit is at pre-admission stage and no next date of hearing is available/ fixed.
