1 year ago
Delhi HC Refers PhysicsWallah and Scholars Den Case to Mediation
PhysicsWallah, an education company, sued a rival called Scholars Den because Scholars Den called them "Sasta Wallah" (cheap one).
The court has told both companies to try to solve their disagreement through mediation.
The judge wants them to talk and see if they can agree on a solution.
This is happening while PhysicsWallah is also planning to sell shares of their company to the public.
If successful, they will be the first big education company in India to do this.
Both companies will meet to try to solve the problem on July 31.
Delhi HC referred the defamation suit between PhysicsWallah (PW) and Scholars Den to mediation.
PW sued Scholars Den for defamation over the 'Sasta Wallah' (cheap one) remark.
Scholars Den stated they would not publish the ads injuncted by the court.
The HC directed both parties to explore a settlement at the DHCMCC on July 31.
PW is preparing for its IPO and recently received SEBI's approval.
- Who
- PhysicsWallah (PW) and Scholars Den.
- What
- Delhi HC referred the defamation suit between PW and Scholars Den to mediation.
- Where
- Delhi High Court.
- When
- The hearing was on July 23, with mediation set for July 31.
- Why
- To explore the possibility of reaching an amicable settlement.
PhysicsWallah
Scholars Den
Nature of Ads
PhysicsWallah
Scholars Den's ads were disparaging.
Scholars Den
N/A
Key facts
- Plaintiff
- PhysicsWallah (PW)
- Defendant
- Scholars Den
- Case Type
- Defamation
- Court Action
- Referred to Mediation
- Mediation Date
- July 31
- PW IPO
- Approved by SEBI
