Bishal Chemicals loses trademark amid tax case

AS the tax evasion case against Bishal Chemicals, a factory producing Gutkas, is under consideration in the Morang District Court, the government authority has provided its trademarks to another factory’s products. The Department of Industry has scrapped the trademark of Bishal Chemicals’ products (like Madhu Guthka, Madhu Sweets, and Priye Parag), registering the similar looking trademark signs of the Sunsari-based Janaki Products. The business community has expressed surprise over the decision of the department. They are of the view that the government should have focused on recovering the lost revenue by freezing the trademark of Bishal Chemicals instead of allocating the same trademark to another one. “At a time when a court hearing is undergoing in the revenue evasion case, the trademarks of the popular brands trademark have been offered to another factory. This is an unfair move,” said prominent business person, Parshuram Agrawal from Bhadrapur. “This has confused and surprised people of the business fraternity.” A family member of the industrialist Bhawani Shankar Bohora, who owned the Bishal Chemicals, said that the company has filed a case against the Department of Industry at the Patan Appellate court. Industrialist Bhawani Shankar and Suresh Jain have provided bail worth Rs 35 million and Rs 3 million respectively.