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2024

Reliance Group moves NCLT to restrain IIHL from using 'Reliance' brand name

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Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL) sought NCLT's intervention to stop IIHL from using the 'Reliance' brand upon implementing Reliance Capital's resolution plan. ADAVPL claimed the brand agreement only permitted its use but did not transfer ownership. The brand license between ADAVPL and RCAP had expired.