Terming Bajaj Auto Ltd’s claims of breach of company’s patent rights and its accusations as “wild and irresponsible” TVS Motor Company, on Sunday, charged Bajaj Auto with“malicious attempt to tarnish the fair name of TVS Group company,” said it was contemplating to initiate libel action against Bajaj Auto Ltd.

In a statement issued from Hosur by its official C M Abraham , TVS Motor said, that it has advised its lawyers to put Bajaj Auto Ltd on notice that unless the malicious allegations are withdrawn and regrets expressed, to file a suit for damages for a sum of Rs 250 crore.

The company, further stated that “this action does not preclude TVS Motor from initiating such other action as the law may permit including criminal action against officials of Bajaj Auto Ltd who used libellous language against TVS Motor.” The company, in its statement said, it is ridiculous of Bajaj Auto to claim, by their own admission that the invention in issue namely, the application of twins spark plug is a known technology extensively in use all over the world for several decades and therefore, in patent law, it is a known prior art.”

“The patent that Bajaj claims is not for use of twin spark plug technology per se but for use of the two spark plug in a two valve IC engine with a detachably fixed sleeve.” Against this patent also an application for revocation has already been filed based on settled case law on the subject, it added.