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Karnataka High Court vacates interim injunction against Pine Labs in patent infringement suit filed by Innoviti

The plaintiff had earlier moved the Additional City Civil and Sessions Court, wherein an interim injunction was granted in their favour and the suit was transferred to the High Court.

According to the plaintiff, the technology claimed in the suit patent related to a novel and innovative transaction specific unique QR code based solution that could be used on existing credit or debit card POS terminals to enable UPI and other QR based cashless payments.

It was claimed that after the patent was granted in their favour in 2019, the plaintiffs learnt that the defendants were marketing a new product, “Plutus Smart” based on their patented technology.

Source: Barandbench

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