India | Technology Law
Legal Question
Hello sir,
I'm a graduate from a middle-class family. Few days back, I was searching for short and simple domain name to open my own blog/website and found one .co.in domain which I purchased. Incidentally, this is the .co.in domain of a famous internet company that holds the exact version of .com version. The web-hosting company I bought the domain from was quoting higher prices to purchase web-hosting service, which I couldn't buy it as it was out of my budget limit.
Since the domain is parked uselessly, I thought of selling it. The most appropriate person/company to buy this was the company which holds the exact .com version of my domain. Hence, I sent an email to one of the executives offering them to purchase the .co.in domain if they wish.
In return, I was shocked to receive a threating email from the legal department of this company threating me of consequences if I use it or sell it to any third party; and asked me to transfer the ownership of domain to their company without any condition. They also mentioned that my contacting them for sale of domain serves as a proof that I'm trying to take undue advantage of their fame and publicity and they can file legal and criminal cases against me, here in India.
I don't know anything about cyber laws here in India and don't want to get into it. Could you please let me know if I indulged in a crime by acquiring the .co.in version of their domain? Do I need to unconditionally transfer the ownership to this company?
What do you suggest me to do here? Any suggestions on this matter would be of great help.
Thanks


