Mahindra dismisses all U. S. litigation filed against it by Global Vehicles

Mahindra & Mahindra Limited has announced the dismissal of all U. S. litigation filed against it by Global Vehicles, Preliminary Award in Arbitration with Global Vehicles, U.S.A., Inc. On January 13, 2011, an arbitral tribunal in London issued an Award confirming that the tribunal has exclusive jurisdiction to resolve all disputes relating to Mahindra and Global Vehicles’ relationship, and it has directed Global Vehicles to stop all current litigation & not file any further litigation against Mahindra relating to the parties’ current dispute. As a result, GV filed for dismissal of the suit it filed against Mahindra in June 2010 in the Georgia Federal Court. Earlier, an administrative action filed by GV against Mahindra in Georgia was dismissed. With these developments, GV has failed in its attempts to involve Mahindra in multiple litigations before courts and administrative agencies in the US.