Lodha Brothers Settle Trademark Dispute Amicably
Abhishek Lodha's Macrotech Developers and Abhinandan Lodha's House of Abhinandan Lodha have amicably resolved a trademark and brand dispute. The agreement allows both brothers to continue using their respective brand names independently, following mediation and the guidance of their parents.
- Country:
- India
In a significant resolution, Macrotech Developers, under the leadership of Abhishek Lodha, has settled a trademark and brand dispute with House of Abhinandan Lodha, helmed by his younger brother Abhinandan Lodha. This settlement, facilitated under their parents' guidance, marks the end of a contentious legal battle.
Earlier this year, Macrotech Developers initiated a lawsuit in the Bombay High Court against HoABL, alleging trademark infringement and seeking injunctions. However, both companies have now agreed to operate separately; Macrotech retains exclusive rights to the 'Lodha' brand, while HoABL maintains its identity independently.
The resolution, hailed as amicable, was achieved through mediation overseen by esteemed Justice R V Raveendran (Retd.) and further inspired by Justice Arif Doctor. The brothers are grateful for this approach in preserving family ties while ensuring business autonomy.
(With inputs from agencies.)
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