The High Court of Bombay (Court) has dismissed the notice of motion (interim application) of Darius Rutton Kavasmaneck (Darius) in his suit (in the nature of derivative action) to inter alia restrain Keki Hormusji Gharda (Dr Gharda), the Managing Director of Gharda Chemicals Limited (Company), from selling, transferring or creating any third party rights on the patents which Dr Gharda had obtained in his individual name. This alert by Khaitan & Co. summarizes the Bombay High Court order and its impact.
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