# Kalpataru Group Clarifies ED Action and Alleged Trademark Misuse
Kalpataru Group, a renowned name in the real estate and infrastructure sector, has issued a statement clarifying its stance regarding recent developments. The company addressed concerns arising from reports of the Enforcement Directorate (ED) investigation and allegations of a trademark dispute involving an entity in Uttar Pradesh (UP) using its trade name without authorization.
The group emphasized that the ED's ongoing action does not involve or target Kalpataru Group or its operations. The clarification seeks to assure stakeholders, customers, and investors that the company's reputation and compliance with legal frameworks remain intact. Kalpataru Group reiterated its commitment to adhering to ethical business practices and regulatory standards.
The controversy stems from allegations of an entity in UP unlawfully using Kalpataru Group's trade name, potentially causing confusion and damaging the brand's goodwill. The company disclosed that it is actively pursuing legal remedies to address this misuse. Protecting intellectual property rights is crucial for maintaining brand identity, especially for a firm with a longstanding reputation for quality and trust.
Kalpataru Group also reaffirmed its commitment to transparency and cooperation with authorities. It urged media outlets and the public to rely on verified information and avoid speculation regarding its association with unrelated investigations or entities.
The statement underscores the importance of safeguarding corporate identities and the need for robust legal frameworks to prevent misuse of trade names. Kalpataru Group remains focused on delivering excellence in its projects while addressing these challenges through appropriate legal and administrative measures.
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