Leading UPI payments company BharatPe has launched a ‘Buy Now Pay app called ”PostPe”.
Meanwhile, the Bombay High Court has stepped in with the popular UPI payments app owned by Flipkart over the postpaid brand name copyright issue.
Phonepe has approached the Bombay High Court seeking to prevent the misuse of registered trademarks on the use of the suffix ‘Pe’ in the PostPe app belonging to Resilient Innovations.
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BharatPe launched postpaid services on the sixth of this month. Following a phone call to the Bombay High Court on the matter, the court accepted the hearing on October 22. The High Court also observed that the post suffix is similar to the phone suffix were of the same.
The lawsuit however was withdrawn from the court and the Bombay High Court as given PhonePe a chance to file a fresh lawsuit.
Company officials said in a statement that they were preparing to file another lawsuit against BharatPe.
“The bottom line remains that PhonePe has withdrawn the suit it filed against our use of “Pe,” the aforementioned BharatPe spokesperson added. Needless to say, we will continue to vigorously defend ourselves against any legal action that PhonePe threatens to bring against us.”
“It is worth noting that in the Bombay High Court yesterday, PhonePe overturned its previous position before the Delhi High Court of emphasizing its so-called inventive word ‘Pe.'”
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This is not the first time BharatPe has been sued for using the suffix ‘Pe’. In September 2019, the Delhi High Court had been approached in a similar scenario seeking a ban on the app but the Delhi High Court dismissed the phone petition on the ground that it was not violating India’s trademark.
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