TVS Motor to take libel action against Bajaj Auto Ltd
The TVS Motor
Company is surprised at the wild and irresponsible allegations made by Bajaj
Auto Ltd accusing TVS Motor Company of breaching their patent rights. The
accusation is a malicious attempt to tarnish the fair name of a corporate
that belongs to TVS group, which has consistently maintained the highest
standards of ethics in business.
That the allegation of Bajaj Auto is ridiculous can be established by their
own admission that the invention in issue namely, the application of twins
spark plug is a known technology extensively in use all over the world for
several decades and therefore, in patent law, it is a known prior art.
The patent that Bajaj claims is not for the use of twin spark plug
technology per se but for the use of the two spark plug in a two valve IC
engine with a detachably fixed sleeve. Against this patent also an
application for revocation has already been filed based on settled case law
on the subject. In any event, the use of Twin Spark Plug technology by TVS
Motor does not infringe the above patent against which revocation
proceedings are initiated.
In the circumstances and view of the malicious allegation made with the
motive to damage our reputation, TVS Motor Company has been advised to
initiate action for libel against Bajaj Auto Ltd. The TVS Motor Company
therefore has advised its lawyers to put Bajaj Auto Ltd on notice that
unless the malicious allegations are withdrawn and regrets expressed, to
file a suit for damages in a sum of Rs. 250 crores. This action does not
preclude TVS Motor from initiating such other action as the law may permit
including criminal action against officials of Bajaj Auto Ltd who used
libellous language against TVS Motor.