SUMAT PRASAD JAIN vs SHEOJANAM PRASAD (DEAD) & ORS

The Supreme Court held that the distinction between a Trade Mark and a property mark is crucial, as defined under Section 479 IPC. A Trade Mark indicates the connection between goods and their manufacturer, while a property mark denotes ownership of movable property. The Court dismissed the appellant's appeal, affirming that the High Court correctly identified the appellant's actions as counterfeiting a property mark, thus upholding the conviction under Sections 482 and 486 IPC.