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What will be the legal outcome for Patanjali Ayurved Ltd regarding advertisements by end of 2024?
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Supreme Court of India•Baba Ramdev•Acharya Balkrishna•Patanjali Ayurved Ltd•Patanjali•Hima Kohli•Ahsanuddin Amanullah•Ramdev•Balkrishna
Resolution / Starting Odds
No new legal challenges • 25%
Fines imposed • 25%
Temporary ban on advertisements • 25%
Court-mandated corrective advertising • 25%
Publicly available news articles or official court documents
Story
Supreme Court Closes Contempt Case Against Ramdev and Balkrishna Over Patanjali Misleading Ads
Aug 13, 2024, 09:26 AM
The Supreme Court of India has closed the contempt proceedings against yoga guru Baba Ramdev and Acharya Balkrishna, the managing director of Patanjali Ayurved Ltd, in relation to misleading advertisements. The court accepted their undertakings to cease issuing misleading ads regarding Patanjali products and their apology. The bench, comprising Justices Hima Kohli and Ahsanuddin Amanullah, cautioned Ramdev and Balkrishna that it would take strict action if they fail to adhere to their commitments. The closure of the case provides significant relief to Ramdev and Balkrishna, who were previously under scrutiny for defying a court undertaking. The court also discharged the contempt notice issued to them.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Significant decline in market share • 25%
Moderate decline in market share • 25%
No significant change • 25%
Increase in market share • 25%
In favor of Indian Medical Association • 25%
In favor of Patanjali Ayurved Ltd • 25%
Settled out of court • 25%
Case dismissed • 25%
Resumes sale with modifications • 25%
Permanently halts sale • 25%
Appeals regulatory actions • 25%
Introduces new products • 25%
Yes • 50%
No • 50%
Significantly improved • 25%
Somewhat improved • 25%
No change • 25%
Worsened • 25%
Full Compliance • 33%
Partial Compliance • 33%
No Compliance • 33%
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No • 50%
