Supreme Court Upholds NCLAT Ruling in Gloster Trademark Dispute; Resolution Applicant Denied Title Claim

The Supreme Court of India has declined to hand over ownership of the “Gloster” trademark to a successful resolution applicant, holding that insolvency courts cannot decide complex trademark title disputes under the Insolvency and Bankruptcy Code, 2016. The Court ruled that the National Company Law Tribunal exceeded its jurisdiction by declaring ownership of the trademark during the insolvency process. Dispute Between Two Gloster Companies The judgment arose from a long-standing…