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Friday 30 December 2016

Delhi High Court bars Intex from selling Aqua phones, accessories

In a noteworthy misfortune to Intex, the Delhi High Court banned India's second biggest handset producer from offering its Aqua image of cell phones and adornments in the neighborhood showcase, following up on a trademark encroachment appeal to documented by littler opponent Aqua Mobile.

The between time order was issued on December 24. It will come into compel following two weeks to empower the organization to discard its present stocks, Justice GS Sistani said, by duplicate of the request. Intex has chosen to offer the request before a division seat of the high court.

"Respondents, their chiefs, officers, franchisees, specialists, representatives, hirelings, as well as some other individual representing and for their sake are controlled from utilizing the encroaching trademark "Water" or some other misleadingly comparable trademark in regard of cell phones/PDAs and their extras, till the transfer of the suit," the judge said.

The request comes up 'til now another stun to Intex, which has been pondering inside administration issues and falling pieces of the overall industry in the midst of uplifted rivalry.

The organization now gazes at postponing its gathering pledges and open posting arranges past this monetary year. At about 2 million telephones, the Farhan Akhtar-embraced Aqua arrangement compensates for 90% of Intex's quarterly shipments, and usage of the request implies a crash in the organization's deals.

Such a move could likewise seriously effect Intex's position in the market, which has recently taken a hit, particularly in the cell phone section. As indicated by statistical surveying firm International Data Corporation, Intex had dropped out of the main 5 cell phone players club in the quarter through September.