The court in the case observed and has directed Meta, Ministry of Electronics and Information Technology and Department of Telecommunications to block WhatsApp accounts of groups, which are claiming association with Master Capital and asking public to invest funds.
In the present case, Master Capital Services Limited i.e., the plaintiff no. 1 offers secondary market broking services to its retail customers and is the stock broking arm of the Master Trust Group.
The Master Capital Services Limited along with its Director i.e., the plaintiffs sought a permanent injunction against trademark infringement and passing off of the trademark 'Master Trust'.
It has been alleged by the plaintiff before the court that a set of unidentified individuals i.e., defendant no.1 collectively have formed groups on various apps like WhatsApp and are misusing the trademark 'master trust'.
It has also been claimed before the court that these groups are constantly engaging the public to invest the money of them through fake links.
This story is from the October 09, 2024 edition of The Business Guardian.
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This story is from the October 09, 2024 edition of The Business Guardian.
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