NCLAT Rules NCLT Can Decide Trademark Issues in IBC Cases

Gloster Cables Ltd. Vs Fort Gloster Industries Ltd. & Ors. (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) in the case of Gloster Cables Ltd. vs. Fort Gloster Industries Ltd. & Ors. has ruled on several significant points regarding trademark issues in the context of Insolvency and Bankruptcy Code (IBC) cases. Here’s a summary of the key points: Background of the Case: The case involves a dispute over the ownership of the “GLOSTER” trademark between Gloster Cables Ltd. (Appellant) and Fort Gloster Industries Ltd. (Corporate Debtor). Trademark Ownershi...