Collector Of C. Ex. vs Vikshara Trading And Invest. P. Ltd.

The Supreme Court addressed the validity of trademark assignments and the application of Tribunal orders to multiple respondents. The Court set aside the Tribunal's order regarding respondent No. 2 due to lack of factual consideration, remitting the matter for fresh adjudication. Regarding respondent No. 1, the Court examined whether a subsequent assignment of a trademark under the Trade and Merchandise Marks Act, 1958, required formal registration to be valid.