Ajanta Manufacturing Allowed To Go Ahead With Public Issue

In relation to floating an Initial Public Offer, the case between Ajanta Manufacturing Ltd. & Ors v. Ajanta India Ltd. 2008 (38) PTC 83 (Del.) dealt with the declaration of an injunction order and viability of using a trademark in respect of certain products. The present suit is an appeal to a matter between brothers associated with the 1971 established M/s. Ajanta Transistor Clock Manufacturing Company. Established as a partnership firm, by Mr. Odhavjibhai Patel the firm was jointly owned by him, his brothers and their children. This firm got the mark AJANTA registered and has been using the same to sell its products in India and abroad.

M/s. Ajanta Manufacturing Ltd., was established in 1992 as under the name of M/s. Ajanta Electronics Incorporated and later on incorporated itself into a private limited company in November, 1994. On its incorporation as a company, the name of the company was changed to M/s. Ajanta Electronics Pvt. Ltd. Due to disinterest of some