Categories: Latest

Sandvik enforces patent rights in India

New Delhi, July 04, 2020: The Delhi High Court in India, has ruled in favor of Sandvik after an investigation and subsequent law suit for patent infringement.

HK Engineering Works based in Faridabad (India) was discovered to be manufacturing patented Vertical Shaft Impact crusher (VSI) parts for the Indian market. A lawsuit was filed against HK in the Delhi High Court and, following negotiations, an agreement was reached and produced in Court. A permanent injunction is now in place against HK, who were also ordered to compensate Sandvik financially and take steps to prevent further infringement of the patent and sale of the product in question.

Sandvik invests significant sums of money in research and development and also in registering intellectual property rights, such as patents, which are designed to protect this investment in its products. Sandvik believes it must protect its interests to continue investing in the future and to remain world leaders in tools, service and equipment design. 

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

DLF Mall Commemorates 8th Anniversary with Thrilling Run; Gul Panag Leads the Charge Under the Active Noida Initiative

New Delhi, May 01, 2024: As part of its 8th-anniversary celebrations, DLF Mall of India…

9 hours ago

Noida International Airport Boosts Real Estate Rates on Yamuna Expressway

New Delhi, April 29, 2024: The anticipation of the Noida International Airport's opening, likely by…

2 days ago

Real Estate Decarbonisation Platform Accacia Raises US$6.5m Pre-A Round Led by Illuminate Financial

New Delhi, April 22, 2024: Accacia, a decarbonisation platform focusing on the Real Estate and Infrastructure…

1 week ago

BOP Group secures ₹90cr sales rights in collaboration with Migsun Group for Rohini Central Mall

New Delhi, April 15, 2024: BOP Group, the leading real estate consultancy firm in the Delhi-NCR…

2 weeks ago

‘Prescon Midtown Bay’ receives Best Luxury Residential Development in South Mumbai

Project offers panoramic views of the Arabian Sea & Bandra-Worli Sea link  Mumbai, April 13,…

3 weeks ago

Arthshila Launches Exclusive Book Series on Modern South Asia Architecture

Delhi, April 03, 2024: Arthshila, an initiative of the Takshila Education Society, launched an exclusive…

4 weeks ago