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Bajaj loses its case before the Supreme Court

After being successful in its appeals before the Madras High Court, today TVS was again vindicated in its stance before the Supreme Court. The Supreme Court in a judgment pronounced today, in Special Leave Petitions filed by Bajaj Auto Limited against the Madras High Court order, held that TVS is entitled to sell its product “Flame” containing three valves and two spark plugs.

The Madras High Court had in its order passed in May in TVS’ appeals allowed TVS’ application for an interim injunction restraining Bajaj from in any way interfering with the manufacture and marketing of TVS’ products using internal combustion engines with three valves and two spark plugs pending disposal of TVS’ suit against Bajaj for unjustified threats of infringement.

The Supreme Court has directed TVS to maintain and file accounts of sales which shall be verified by a receiver to be appointed by the Madras High Court. Further the Court has directed that the suit before the Madras High Court be heard on a day to day basis on commencement after Dussehra vacations and that the hearing be concluded by 30 th November 2009.

Tags: bajaj, engine, flame, loses, model, new, of, plug, produce, spark, technolkogy, to, TVS, twin

TVS to produce Twin Spark Plug Flame

In the patent dispute between Bajaj Auto Limited v. TVS Motor Company Limited, the Supreme Court of India has allowed TVS to sell the twin spark plug TVS-Flame by its order dated 16th September 2009.

The Company will take steps to obtain all necessary certifications required under law such as under the Central Motor Vehicles Rules, 1989, before commencing sales of twin spark plug TVS-Flame.

Tags: bajaj, engine, flame, loses, model, new, of, plug, produce, spark, technolkogy, to, TVS, twin

Bajaj Confident Of Beating TVS

Bajaj Auto has stated that it will be ahead of its arch rival TVS Motor, despite the sales gap narrowing between the two. Bajaj Auto is the country’s second largest two-wheeler maker by sales and will launch 7-8 new models or upgrades this year in the two-wheeler segment.

“If you see figures of the total year the distance is very large. But, it was only in a couple of months where the distance went down. If you see the whole year, we were far ahead of TVS and we expect to be far ahead this year also,” Bajaj Auto Vice Chairman, Madhur Bajaj said. “This year we expect the position to become better. We are coming out with 7-8 new models or upgrades and expect to generate a lot of interest through these,” Mr Bajaj added.

Recent data released by the Society of Indian Automobile Manufacturers (Siam), suggested that while TVS and Bajaj reported a fall in sales in 2008-2009, the fall was steeper in Bajaj’s case, where sales dropped by nearly a quarter, as opposed to TVS, which lost sales by more than a percent. This contrast made TVS inch closer to Bajaj.

[Via: Motorbeam]

Tags: automotive, autos, bajaj, beating, confident, demand, india, less, lost, madhur, of, sales, TVS, two, wheeler