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Macrotech accuses Abhinandan co of forgery
Mint New Delhi
|April 03, 2025
The Lodha versus battle rekindled on Wednesday, with Abhishek Lodha-led Macrotech Developers Ltd accusing entities owned by younger brother Abhinandan of forging documents to gain access to the prized brand name.
The company alleged that certain entities related to House of Abhinandan Lodha (HoABL) had forged a board resolution and the signature and identity documents of one of Macrotech's directors three years ago. In a stock exchange statement, Macrotech alleged that these documents were then used to rename HoABL company Varpan Land Developers Pvt. Ltd as Lodha Land-build Infrastructure Pvt Ltd. Macrotech called this an infringement of its trademark.
The renamed entity then sold at least one real estate project in Goa between September 2022 and April 2023, when it changed its name for a second time to HoABL Land-build Pvt. Ltd, Macrotech alleged. "It is a clear cut case of forgery, fraud and impersonation with intent to cheat and deceive," said Macrotech, also called the Lodha Group.
Diese Geschichte stammt aus der April 03, 2025-Ausgabe von Mint New Delhi.
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