Overview
- Macrotech Developers claims HoABL fabricated board resolutions and a PAN card to gain unauthorized use of the 'Lodha' brand name.
- The alleged forgery facilitated the renaming of HoABL entities to include 'Lodha' and marketed projects, including in Goa, under the brand.
- HoABL has denied all allegations, stating it is internally reviewing the matter and will issue a detailed response.
- Macrotech has formed a Special Committee of Directors to investigate the claims and pursue legal action.
- The Bombay High Court is set to hear the case on April 28, 2025, with mediation efforts having failed to resolve the dispute.