Delhi HC mandates suspension of accounts infringing Razorpay's trademarks

Razorpay prohibits unauthorised usage of the company's trademark and has secured John Doe Order from Delhi HC to combat fraud and enhance customer protection.

By  Storyboard18Jul 8, 2024 1:33 PM
Delhi HC mandates suspension of accounts infringing Razorpay's trademarks
Razorpay recently filed a lawsuit against unknown individuals who were misrepresenting themselves as recruiters from the company, offering part-time jobs for extra income against deposits and other false promises. These scams were being perpetrated through platforms such as WhatsApp, Facebook, and Telegram.

With a commitment to safeguard customers and protect its brand identity against financial fraud, Razorpay has secured a John Doe Order from the Delhi High Court.

Effective immediately, this order mandates Facebook, WhatsApp, and Telegram to suspend accounts found infringing on Razorpay's trademarks and conducting fraudulent activities. This step reinforces Razorpay's commitment to combating financial fraud and protecting customers from scams undertaken in its name.

The digital landscape, while offering immense convenience, has also become a fertile ground for cybercriminals. Scammers have been increasingly impersonating reputable companies like Razorpay to lure individuals into fraudulent schemes.

Razorpay recently filed a lawsuit against unknown individuals who were misrepresenting themselves as recruiters from the company, offering part-time jobs for extra income against deposits and other false promises. These scams were being perpetrated through platforms such as WhatsApp, Facebook, and Telegram.

The Delhi High Court observed that a prima facie case was established in favor of Razorpay. The favorable order from the court prohibits unauthorised use of the “Razorpay” trademark, thereby helping to prevent fraud against the general public, including financial scams. Razorpay has also placed a disclaimer on its website to caution the public against such frauds.

Commenting on the court’s Order, Shivli Katyayan, Head of Legal, Razorpay, said, “We remain steadfast in our resolve to take decisive legal action against any misuse of our brand to protect our customers' interests and maintain their trust in the brand Razorpay.”

The court’s directive includes several critical measures: ● Domain Name Suspension: Domain name registrars are ordered to block or suspend access to domain names operated by unknown entities involved in these scams ● Account Blocking: WhatsApp is required to provide basic subscriber information related to the accounts that are to be blocked. Further, both WhatsApp and Telegram are directed to block channels or accounts operated by the violators. ● Bank Account Freezing: Banks are directed to freeze or suspend the operations of the bank accounts used by the fraudsters ● UPI ID Suspension: The National Payments Corporation of India (NPCI) is directed to suspend or disable the UPI IDs involved in these financial scams

Established in 2014, the company provides technology payment solutions to millions of businesses.


Tags
First Published on Jul 8, 2024 1:33 PM

More from Storyboard18

Digital

No relief for Ranveer Allahbadia as Supreme Court refuses to return his passport, extends protection from arrest

No relief for Ranveer Allahbadia as Supreme Court refuses to return his passport, extends protection from arrest

Brand Marketing

Google to pay $100 million to settle 14-year-old ad lawsuit

Google to pay $100 million to settle 14-year-old ad lawsuit

Digital

OpenAI seeks $40 Billion in new funding to drive AI expansion

OpenAI seeks $40 Billion in new funding to drive AI expansion

Special Coverage

WPP drops DEI language amid U.S. scrutiny, while Ogilvy global CEO champions representation and purpose

WPP drops DEI language amid U.S. scrutiny, while Ogilvy global CEO champions representation and purpose

Special Coverage

Krafton's Srinjoy Das at GPS 2025: Future of gaming marketing is symbiotic, social, and surprise-driven

Krafton's Srinjoy Das at GPS 2025: Future of gaming marketing is symbiotic, social, and surprise-driven

Special Coverage

AI as a Business Imperative: Industry leaders weigh its transformative impact

AI as a Business Imperative: Industry leaders weigh its transformative impact

Brand Marketing

Cricket, commerce, connectivity: Top marketers on how brands can win big in IPL

Cricket, commerce, connectivity: Top marketers on how brands can win big in IPL

Special Coverage

WPP's Daniel Hulme: 'You won’t beat your competitors without differentiated AI talent'

WPP's Daniel Hulme: 'You won’t beat your competitors without differentiated AI talent'