After acquisition, this company to discontinue use of Reliance’s…, NCLAT asks to submit…

The National Company Law Appellate Tribunal (NCLAT) has directed Hinduja Group’s IndusInd International Holdings Ltd (IIHL) to provide a specific timeline for discontinuing the use of the Reliance t

The National Company Law Appellate Tribunal (NCLAT) has directed Hinduja Group’s IndusInd International Holdings Ltd (IIHL) to provide a specific timeline for discontinuing the use of the Reliance trademark for Reliance Capital.

During the hearing, counsel for IIHL informed the tribunal that the process of changing the company’s name following its acquisition of Reliance Capital is already underway and is expected to be completed within eight weeks.

The directive came while NCLAT was hearing an appeal filed by Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVL), which has sought a stay on I