NCLT dismisses ADAVPL’s application to block use of ‘Reliance’ brand by IIHL

The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed an application from Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL), which sought to prevent IndusInd International Holdings (IIHL) from using the 'Reliance' brand after its resolution plan for Reliance Capital.