SC refuses to stay HC order on Bt cotton seed patent

Image
Press Trust of India New Delhi
Last Updated : May 07 2018 | 8:15 PM IST

The Supreme Court today refused to stay a Delhi High Court order dismissing US-based agro major Monsanto Technology's plea to enforce the patent for its Bt cotton seeds in India.

A bench, comprising justices Rohinton Fali Nariman and Abhay Manohar Sapre, issued notice to Nuziveedu Seeds Ltd and other seed companies on the issue.

"We are not inclined to stay... Application seeking exemption from filing certified copy of the impugned order is allowed. Issue notice...," the bench said. The matter was listed for hearing on July 18.

The apex court was hearing a plea filed by Monsanto Technology against April 11 order by which its plea was dismissed by the high court, which had partially allowed the counter-claims of three Indian seed companies that Monsanto does not have a patent for its Bt cotton seeds, a genetically modified variant which resist bollworms.

The high court had also upheld the decision of a single judge on the issue of trait fee payable to Monsanto by the companies -- Nuziveedu Seeds Ltd, Prabhat Agri Biotech Ltd and Pravardhan Seeds Private Ltd -- under the sub-licence with them.

The single judge had said that the Indian companies would pay trait fees to Monsanto according to government-set rates.

Monsanto wanted to charge a higher rate of trait fee under the sub-licence given to Indian companies to use its seed technology.

Both sides had challenged the single judge's order before the division bench.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 07 2018 | 8:15 PM IST

Next Story