Lodha vs Lodha: Brothers resolve dispute over brand, trademark use
Abhishek Lodha-led Macrotech Developers has resolved trademark and brand dispute with House of Abhinandan Lodha (HoABL), formed by his younger brother.
Macrotech Developers will continue to use ‘Lodha’ brand while the younger brother will continue to operate under ‘House of Abhinandan Lodha’ brand, as per the agreements between the two brothers under the guidance of their parents.
Abhishek and Abhinandan will not have any claims against each other.
In January, Macrotech Developers filed a suit in the Bombay High Court against HoABL for infringement of its trademarks and sought appropriate injunctions, reliefs, and damages.
Macrotech Developers and HoABL announced that they have resolved the dispute over the use of Lodha brand, through separate statements but with similar words.
“Lodha Group’ and ‘House of Abhinandan Lodha’ have no connection with each other. Both entities will communicate this widely,” as per the statement.
Abhinandan Lodha has no rights or claims in Lodha Group or other businesses of Abhishek. Macrotech Developers, which sells properties under the ‘Lodha’ brand, is one of the leading real estate firms in the country, while the HoABL is into the development of residential plots across major cities.
