Under a 10-year old dispute, the Delhi High Court has directed MRF to pay Rs 58 lakh to an advertisement agency.

While the dispute was over the services rendered by the ad agency to the tyre manufacturer, the contract was display of advertisements across the city among the two parties.

After MRF claimed that there was no contract between the two companies, a single member bench, comprising Justice Anil Kumar directed the domestic tyre manufacturer to pay the disputed amount to the agency after it found that there was a contract between the tyre manufacturer and the agency.

The court said in its judgment that with the finding that there had been concluded agreements between the parties, pursuant to which the advertisements were displayed by the plaintiffs (ad agency) adding the fact that MRF will have to pay Rs 58 lakh to Vasudeva Publicity Service.

It is to be mentioned here that the agreement among the two players was for the period of January 15, 1998-August 14, 1998, and August 15, 1998- August 14, 1999, after it extended the contract for the agency.