LAWS(KAR)-2010-7-39

KOBIAN PTE LTD Vs. KOBIAN INDIA PVT LTD

Decided On July 28, 2010
KOBIAN PTE LTD. Appellant
V/S
KOBIAN INDIA PVT. LTD. Respondents

JUDGEMENT

(1.) These two appeals arise out of the order passed by the Company Law Board, Additional Principal Bench, Chennai Kobian Pte Ltd. v. Kobian India P. Ltd, 2005 126 CompCas 675 under Section 402 of the Companies Act, 1956.

(2.) For the purpose of convenience, the parties are referred to as they are referred to in the proceedings before the Company Law Board.

(3.) The Petitioner M/s. Kobian Pte Ltd., is a body corporate incorporated in Singapore owning the brand name "Kobian" and "Mercury". It is engaged in the manufacture of mother-boards and other accessories used in computer hardware. It has introduced several products all over the world including India. Kobian ECS India P. Ltd., an associate company of the Petitioner is manufacturing "Mercury" brand mother-boards and other computer accessories in India.