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January 4, 2023

Legal Issues Seminar-General IP (LIS-GIP) On “Whether Valuation Of A Commercial IP Suit For The Purposes Of Court Fee Can Be Different From The ‘Specified Value’?”

Featuring: Yash Raj

A ‘Legal Issues Seminar- General IP’ (LIS-GIP) was conducted by Yash Raj, Associate, on “Whether Valuation of a Commercial IP Suit for the purposes of Court Fee can be Different from the ‘Specified Value’?” The seminar explored the relevant provisions under the Commercial Courts Act, 2015 and analysed its conflict with the Suits Valuation Act, 1887 and Court-fees Act, 1870. The session delved into the case laws that have discussed the valuation of IP suits, and the varied interpretation that has been provided by various Courts. The seminar involved an interesting discussion on the judicial interpretation of ‘specified value’ of a suit and ‘valuation for purposes of court fee’ and the emerging jurisprudence in determining the jurisdiction of an IP suit. The session concluded with a discussion on the various practical implications of the current judicial trend in determining the value of an IP suit.

The presentation can be accessed here.

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