The Delhi High Court has ruled that the inheritance dispute between Oberoi siblings over late PRS Oberoi’s estate cannot be settled through arbitration. The Court held that the Articles of Association do not amount to a valid arbitration agreement under law.
Bombay High Court stayed a Pune court order restraining Kirloskar Proprietary Ltd from licensing the ‘Kirloskar’ trademark. KPL can now license within group companies, except for competing businesses with KBL.
