The Delhi Excessive Courtroom has handed a decree in favour of Titan Firm, granting everlasting injunction in opposition to two particular person sellers, Rohit Kumar Jain and Dharam Pal, as additionally e-commerce retailer Snapdeal, from promoting counterfeit Titan- and Fastrack-branded watches, whereas granting prices of ₹1.5 lakh every.
The courtroom on July 29 handed an order with respect to the swimsuit filed by Titan in opposition to these sellers alleging that they had been promoting counterfeit Fastrack watches on Snapdeal.
The courtroom additionally directed Snapdeal to file its written assertion throughout the prescribed time, furnish an affidavit with particulars of all the products bought on its portal underneath the marks Titan and Fastrack, the sale worth thereof collected and the quantity appropriated by Snapdeal to itself and the quantity disbursed to the so-called sellers of the stated items. The stated particulars include impact from 1st January, 2018, the courtroom directed.
Ravi Kant, CEO-Watches & Equipment, Titan Firm Restricted, stated: “We welcome the order passed by the Hon’ble High Court of Delhi. As stated in the past, at Titan, our primary focus is on safeguarding the interests of our consumers and we will not compromise on the quality and experience with our products.”