M/S Akg Steel Industries & Anr. v. Akg Plastics Pvt. Ltd.
Case brief
What is this about?
Consent decree by settlement — Delhi High Court, CS(COMM) 815/2024, decided 04.03.2025 by Hon'ble Ms. Justice Mini Pushkarna. Trademark 'AKG' dispute: plaintiffs M/s AKG Steel Industries & Anr. (counsel Kartik Malhotra) v. defendant AKG Plastics Pvt. Ltd. (counsel Ashutosh Nagar). Suit sought permanent injunction restraining trademark infringement, passing off, damages, rendition of accounts, delivery-up. Joint application I.A. 5806/2025 under Order XXIII Rule 3, Code of Civil Procedure, 1908, based on Deed of Understanding dated 27th January 2025 for use of trademark 'AKG'. Court found settlement lawful, held parties bound, decreed suit in terms of compromise/settlement, drew up decree sheet, disposed of suit with pending applications I.A. 39951-39955/2024. Keywords: decree on compromise, Order XXIII Rule 3 CPC, settlement/deed of understanding, trademark 'AKG', commercial suit, disposal.