Indian tractor manufacturer TAFE disputes AGCO's termination of Massey Ferguson brand license and files contempt petition in response.

Indian tractor manufacturer TAFE has rejected AGCO Corporation's allegations of breaching partnership agreements, including the Massey Ferguson brand license. AGCO has terminated multiple agreements, initiating legal action against TAFE's continued use of the brand. In response, TAFE filed a contempt petition in the Madras High Court, claiming ownership of the brand and citing court violations by AGCO. The court has issued an interim order maintaining the status quo.

September 30, 2024
16 Articles