Karnataka High Court quashes FIR against co-founders of Dream 11, a fantasy sports platform

The Karnataka High Court on March 24 quashed criminal proceedings against Harsh Jain and Bhavit Seth, co-founders of Dream 11, a fantasy sports platform. The Hon’ble High Court quashed the said proceedings in view of the fact that the Court had earlier struck down various provisions of the Karnataka Police Amendment Act, which was brought in with the aim to ban online games.

Delhi High Court imposes Rs. 1 lakh costs on 2 registrars from the office of Trade Marks Controller General for concealing facts

The Delhi High Court bench of Justice Pratibha Singh had imposed a cost of Rs. 1 lakh each on the Deputy Registrar and the Assistant Registrar of Trademarks. The reason being non-disclosure of facts by them in relation to a case before the Hon’ble Court. The Court further said that their conduct appeared to be deliberate as officers did not disclose the information before the Court even though they appeared before the Court twice.

Delhi High Court holds that using recycled bottles of another manufacture is passing off

Budweiser brought a suit before the Delhi High Court contending that the bottles manufactured by them which have the trade mark Budweiser embossed on the bottles, were being used by the defendants after re-labelling to sell their own beer. The Delhi High decided in the favour of Budweiser and restrained the manufacturers of ‘Power Cool’ and ‘Black Fort’ from using the recycled bottles manufactured by Budweiser to sell their Beer.

Ministry of Information and Broadcasting rejects IT Committee’s demand of setting up a media commission

In December 2021, the IT Committee headed by the Congress MP Shashi Tharoor had recommended setting up a media commission which shall look into all aspects of “Ethical Standards in Media Coverage Report”.

While rejecting the recommendation given by the IT Committee, Anurag Thakur, the minister for Information and Broadcasting said that there is no need at present to set up a media commission.

Ministry of Information and Broadcasting grants 13 new MSO licenses between January-March, 2022

The Ministry of Information and Broadcasting has granted 13 new licenses to Multi-System Operators (MSOs) in time of almost 3 months, between January 01, 2022 to March 21, 2022. Earlier the number of licensed MSOs were 1750, which has now increased to a total of 1763 as of March 21, 2022.

Plea Before Telangana High Court Against ‘The Kashmir Files’ Film Dismissed As Withdrawn

A plea moved before the Telangana High Court to challenge the release of the movie ‘The Kashmir Files’ has been dismissed as withdrawn. The plea moved by one Mohammed Sami Ullah Qureshi claimed that the film had hurt the religious sentiments of several Muslims around the world. However, after arguing the matter at length, the counsel for the petitioner sought permission from the Court to withdraw the writ petition to pursue an alternative remedy.

Finance Minister proposes amendment to Financial Bills to tax crypto assets

Finance Minister, Nirmala Sitharaman is expected to move an amendment to the Finance Bill, 2022. The said proposal is a move to clarify that no tax deduction or set off would be available in place of mining cost of crypto assets and other virtual digital assets or any losses from their transfer. This is a part of the 39 amendments proposed by the government to the Finance Bill, 2022.