Verizon Trademark Services Llc & Ors. Vs Verizon Venture Advisors LLP & Anr. — Delhi HC (2026) — LawSathi Research

Verizon Trademark Services Llc & Ors. Vs Verizon Venture Advisors LLP & Anr. — Delhi HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Settlement recorded and I.A. 11258/2026 allowed; suit decreed with the terms of settlement forming part of the decree and binding the parties; Plaintiffs entitled to refund of entire court fees under the Court Fees Act, 1870; Registry directed to draw up the decree sheet; suit disposed of along with pending applications.

Issue for consideration

Whether the joint application under Order XXIII Rule 3 read with Section 151 CPC to record the settlement between the parties should be allowed, i.e., whether the terms of settlement are lawful. +2 more

Court's answer

The Court perused the terms of settlement, found them lawful, and allowed and disposed of the joint application, recording the settlement between the parties.

Ratio / Principle

In light of the settlement between the parties, the suit is decreed; the terms of settlement form part of the decree and bind the parties thereto.

Key takeaways

Plaintiffs are held entitled to refund of entire court fees in accordance with the Court Fees Act, 1870.ratio¶25

Detailed headnote1 paragraphs

Delhi High Court (Jyoti Singh, J.), Order dated 23.04.2026 in CS(COMM) 659/2025: Plaintiffs had sought a permanent injunction restraining Defendant No. 1 from providing, marketing, selling or using the marks/trade names 'Verizone', 'Verizone Ventures' and 'Verizone Venture Advisors' or any designation similar to VERIZON, amounting to infringement and passing off of Plaintiffs' registered VERIZON trademarks (Regn. Nos. 1238071, 1405272, 3068612, 1240039, 1238076). Having amicably settled during the suit's pendency, Plaintiffs and Defendant No. 1 jointly applied under Order XXIII Rule 3 read with Section 151 CPC to record the settlement; the Court found the terms lawful, allowed the application and recorded the settlement, decreed the suit with the settlement terms forming part of the decree and binding the parties, and held Plaintiffs entitled to refund of the entire court fees under the Court Fees Act, 1870. Suit disposed of along with pending applications (I.As. 15600/2025, 15602/2025, 27985/2025).

$~73

IN THE HIGH COURT OF DELHI AT NEW DELHI

- CS(COMM) 659/2025

VERIZON TRADEMARK SERVICES LLC & ORS. .....Plaintiffs

Through: Ms. Vaishali R. Mittal and Mr. Shivang Sharma, Advocates.

versus

VERIZON VENTURE ADVISORS LLP & ANR. .....Defendants

Through: Ms. Shilpi Sinha, Advocate for D-1.

CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

O R D E R % 23.04.2026

I.A. 11258/2026

This application is jointly filed on behalf of the Plaintiffs and Defendant No. 1 under Order XXIII Rule 3 read with Section 151 CPC for recording of settlement between parties.

This suit is instituted on behalf of the Plaintiffs inter alia seeking a decree of permanent injunction restraining Defendant No. 1 and all others acting on its behalf from providing, marketing, selling, offering or making for sale, any goods or services, or in any manner using the marks or trade names ‘Verizone’, ‘Verizone Ventures’, and ‘Verizone Venture Advisors’, and/or its variants, and/or any mark or name consisting of or containing any designation similar to VERIZON, or any other word, designation, label etc. similar to those of Plaintiffs well-known VERIZON trademarks amounting to infringement and passing off of Plaintiffs’ trademarks bearing registration

CS(COMM) 659/2025

Page 1 of 2

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 24/04/2026 at 12:32:31

numbers 1238071, 1405272, 3068612, 1240039, 1238076, amongst other reliefs.

During the pendency of the suit, parties have settled the disputes amicably and the terms of settlement are incorporated in paragraph 12 of the application.

Court has perused the terms of settlement and finds the same to be lawful. Accordingly, this application is allowed and disposed of, recording the settlement between the parties.

CS(COMM) 659/2025 & I.As. 15600/2025, 15602/2025, 27985/2025

In light of settlement between the parties, the suit is decreed. Terms of settlement shall form a part of the decree and needless to state bind the parties thereto.

Registry is directed to draw up the decree sheet.

Suit stands disposed of along with pending applications.

Plaintiffs are held entitled to refund of entire court fees in accordance

with the Court Fees Act, 1870.

JYOTI SINGH, J

APRIL 23, 2026 /RW

CS(COMM) 659/2025

Page 2 of 2

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 24/04/2026 at 12:32:31