Tractors and Farm Equipment Ltd (TAFE) announced that the Madras High Court has, on Wednesday, issued a status quo order in the ongoing legal dispute concerning the Massey Ferguson brand.
In a statement, the TAFE stated, “A learned Judge of the Madras High Court today, in the ongoing Massey Ferguson brand suit ordered a status quo on the usage of the Massey Ferguson brand in India, in favour of TAFE ensuring thereby uninterrupted exclusive use of the Massey Ferguson brand in India until disposal of the suit. The Honourable Judge passed orders on TAFE’s applications after a detailed hearing, observing that TAFE had made out a ‘prima facie’ case and that the ‘balance of convenience’ is in favour of TAFE. TAFE has been using the brand uninterruptedly since 1960 in India. The Honourable court, in its order, referred extensively to an earlier status quo order of the Division Bench.”
AGCO stated that while the company respect this ruling, it is a temporary measure and not based on the evidence that AGCO is yet to submit. AGCO will continue to defend its 177-year-old Massey Ferguson brand worldwide, including in India. “We are in the process of considering the terms of the Order and will take the appropriate legal measures to dispute the Order including by way of appeal,” a statement from the AGCO said.
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