
The Delhi High Court imposed a ₹10 lakh fine on Parle Agro for failing to comply with its earlier directions to periodically disclose sales revenue in an ongoing trademark dispute with PepsiCo.
The case relates to the use of the tagline “For The Bold” on Parle Agro’s B Fizz product.
The Court observed that although the non-disclosure may not have been wilful, it was a clear and serious violation of its orders, especially as no proper explanation or apology was provided.
Emphasising the importance of transparency during litigation, the Court imposed costs for non-compliance.
[Parle Agro Pvt. Ltd. v. Pepsico Inc. & Anr.]
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