Puja Entertainment Files Suit Against Tips Music Over Intellectual Property Rights
Tips Music Limited (formerly known as Tips Industries Limited) has been involved in a legal dispute concerning intellectual property rights, receiving a key update regarding the proceedings involving Puja Entertainment (India) Limited.The dispute originated when Puja Entertainment (India) Limited filed a Title Suit bearing No. 137 of 2026 against Tips Music Limited before the Court in Katihar, Bihar. This initial proceeding led the Katihar Court to grant an ex parte status quo order.
In a significant development, the Supreme Court issued an order on May 22, 2026. This ruling stayed the aforementioned ex parte status quo order that had been passed by the Katihar Court. The stay remains in effect until the final disposal of the proceedings pending before the Hon'ble Patna High Court.
The company continues to pursue the matter through legal advisors and is actively managing the legal proceedings.
TIPSMUSIC Stock Price Movement
As of 1:09 PM, shares of Tips Music Limited are shedding 4.80% in live trading, currently dipping to ₹648.35. The stock faces selling pressure, supported by significant activity with 281,940 shares traded throughout the session today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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