Today, On 14th May, Delhi High Court reserved decision on extending interim bail for Lava’s MD, Hari Om Rai, arrested in a money laundering case involving Vivo China. Rai seeks bail extension due to heart condition, citing risk of heart failure. Court emphasized need for specialized care in cardiac emergencies. ED alleges fraudulent activities by Chinese shareholders. __50__
The Delhi High Court has ordered LAVA to compensate Ericsson with over Rs. 244 crore for infringing on its 2G and 3G technology patents. The judgment emphasizes the significance of fair licensing terms for Standard Essential Patents (SEPs), setting a precedent for the ongoing discourse on SEPs and the need for FRAND terms. Justice Bansal’s comprehensive 476-page judgment affirmed the critical nature of these patents in mobile communication and highlighted the impracticality of licensing individual patents from a portfolio. The court’s commitment to ensuring rightful compensation for patent owners and promoting economic efficiency is underscored, reflecting on the broader implications for innovation and standardization in the telecommunications industry.
