Macrotech Developers Alleges Forgery by HoABL in Brand Name Dispute

In a new development in the ongoing family dispute, Macrotech Developers, the real estate giant led by Abhishek Lodha, has accused his younger brother Abhinandan Lodha’s firm, House of Abhinandan Lodha (HoABL), of fabricating documents to misuse the company’s brand name and registered trademarks.

Allegations of Fabricated Documents and Misuse of the Lodha Brand

Macrotech Developers has alleged that HoABL used forged board resolutions to falsely claim approval from Macrotech for the use of the company’s trademarked brand name. According to Macrotech, these fabricated documents were submitted to government authorities to facilitate changes in the corporate names of at least two HoABL entities, with both now incorporating the "Lodha" name. These actions, Macrotech claims, were carried out to boost HoABL’s business activities under the guise of a reputable brand.

Macrotech has gone further to accuse HoABL of using forged signatures, particularly pointing to a purported resolution that bore the signature of one of Macrotech's independent directors. Investigations reportedly revealed that the director’s PAN card had been tampered with, including a fake signature and photograph, further fueling the fraud allegations. Macrotech's board met on Wednesday to address these concerns and issued a statement taking "serious cognizance" of the matter.

Steps Taken by Macrotech Developers

To handle the situation, Macrotech has formed a special committee to look into the matter and take appropriate legal action. Interestingly, Abhishek Lodha has requested not to be part of this panel, possibly due to the personal nature of the dispute. Macrotech’s management is taking the issue seriously, with the company indicating that it is prepared to pursue legal remedies to safeguard its brand and trademarks.

HoABL Denies Allegations and Promises a Detailed Response

In response to the allegations, the House of Abh