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IP Case Law › Trade Marks › Bajaj Finance Limited v. Manish Singh @ Settlement Guru & Or…

Trade Marks Ragulika IP case note

Bajaj Finance Limited v. Manish Singh @ Settlement Guru & Ors.

CourtDelhi High Court
BenchHon'ble Justice Tushar Rao Gedela
Case numberCS(COMM) 63/2026
Judgment date22 January 2026
IP categoryTrade Marks
PartiesBajaj Finance Limited (Plaintiff) v. Manish Singh @ Settlement Guru & Ors. (Defendants)

Relevant Acts and provisions

Provisions considered: Trade Marks Act, 1999; tort of inducing breach of contract

Brief facts

Bajaj Finance sued a social-media operator styled 'Settlement Guru' and others who used its name and registered marks in content that encouraged its borrowers to default on their loan agreements.

Issues before the Court

Whether an interim injunction should restrain the defendants from inducing borrowers to breach their loan agreements by referring to the plaintiff and its trade marks.

Court's findings

The Court found that, absent an interim injunction, the plaintiff's reputation and goodwill could be injured (para 26).

Decision

Defendant no. 1 and those acting for it restrained from directly or indirectly, unlawfully and tortiously interfering with the plaintiff's business by inducing, inciting or misleading its customers or borrowers to breach their loan agreements through references to the plaintiff, its registered trade marks or its business, with further directions (para 27).

Key legal principle / ratio

Use of a company's name and registered marks in online content designed to induce its customers to breach their contracts may be restrained at the interim stage as unlawful interference harming its goodwill.

Important paragraph references

Paras 26-27. Ex parte interim order.

Important: This case note is a research summary only. It must be verified against the full judgment by a qualified lawyer, advocate or patent/trade mark attorney before any reliance. Do not rely on it as legal advice; Ragulika IP accepts no responsibility for its accuracy or for any action taken on it.

Keywords

Ex Parte Injunction Inducing Breach of Contract Loan Settlement Content Social Media Trade Mark Misuse Unlawful Interference

Read the judgment

View judgment (court website)