There's a history of fights over .IN domains with domain investors.
I'll summarize this from memory, so not everything might be 100% accurate, but I remember some domain investors snagging up some great one word generic English .IN domains when second level registrations opened up to the public.
As the story goes, a company, that was based in India laid claims to some of these domains. As I recall, the kicker of the story was that the company claimed they had been using the domains and their proof were parked pages that were under a wildcarded subdomain of another domain.
They won the domains initially and then tied up the domain investors in court for years, when they tried to gain control over their names again. I don't quite recall how things ended at the moment.