Laxmi Snacks Pvt. Ltd. Vs. Akshar Food Products
The Trade Marks Act, 1999 - Trade mark
Trade Marks - Settlement - Parties have amicably settled all their disputes before Mediation Centre Supreme Court. The terms of understanding also have been reduced to a Settlement Agreement and signed by all the parties, their counsel and also learned Mediator - It is agreed between the parties that all the suits filed by the appellant before the District Court can be decreed except to the extent of its prayer for monetary compensation and the use of the mark "REET" and the tag line "SAB KHAO SABKO KHILAO" by the respondent - In terms of the Settlement Agreement, suits pending before the District Court Nadiad, Gujarat decreed except to the extent of prayer for monetary compensation and use of the mark "REET" and the tag line "SAB KHAO SABKO KHILAO" - The parties shall also comply with rest of the terms of the Settlement Agreement within the time stipulated in the agreement.
Topic(s)-Trade Marks - Settlement allowed with exception