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Titan’s lawsuit against Snapdeal

 In furtherance to the Order passed by the Hon’ble High Court of Delhi on 29th July, 2019 with respect to the suit filed by Titan Company Limited against two  sellers Mr. Rohit Kumar Jain and Mr. Dharam Pal (Sellers) and Snapdeal alleging that the said sellers were selling counterfeit / infringing FASTRACK watches on Snapdeal,  the Hon’ble High Court of Delhi, on 23rd August, 2019 passed a decree in favour of Titan Company Limited granting permanent injunction against the said two Sellers from selling counterfeit Titan & Fastrack branded watches and granting costs of Rs.1,50,000 each. In addition, the court has directed Snapdeal to, besides filing its written statement within the prescribed time, also furnish an affidavit with particulars of all the goods sold on its portal under the marks TITAN and FASTRACK, the sale price thereof collected and the amount appropriated by Snapdeal to itself and the amount disbursed to the so-called sellers of the said goods. The Court directed the said particulars to be given with effect from 1st January, 2018.

 

Mr. S Ravi Kant, CEO- Watches & Accessories, Titan Company Limited said, “We welcome the Order passed by the Hon’ble High Court of Delhi. As stated in the past, at Titan, our primary focus is on safeguarding the interests of our consumers and we will not compromise on the quality and experience with our products.”

 

The Hon’ble Court had through its earlier Order dated 29th July, 2019 directed Snapdeal that immediately upon receiving complaint from Titan with respect to the URLs selling counterfeit goods of Titan, Snapdeal should remove such URLs. This case is sub-judice before the Hon’ble High Court of Delhi and the next date in the matter is 20th February, 2020.

 


About Titan Company Limited:

Titan Company Limited (earlier known as Titan Industries Limited) is a joint venture between the Tamil Nadu Industrial Development Corporation (TIDCO) and Tata Group, commenced operations in 1987, under the name Titan Watches Limited.  In 1994, Titan diversified into Jewellery and subsequently into eyewear with Titan Eyeplus. In 2013, Titan entered the fragrances segment with SKINN and 2019 in sarees with Taneira. Today, Titan Company Limited, India’s leading manufacturer / sellers in watches, jewellery and eyewear, is credited with changing the face of all these industries. The Company recorded a revenue of Rs.19, 070 crores for the year ended 31st March 2019.

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