Here's breather for TVS Motor Company.

The Supreme Court on Wednesday permitted TVS Motor Company to sell its new motorbike 'Flame'.

A bench comprising Justice Markandey Katju and Justice AK Ganguly said: "The respondent (TVS Motor) shall be entitled to sell its product (Flame 125 cc) but it shall maintain an accurate records/accounts of its all India and export sales."

It should be mentioned that in its petition, Bajaj Auto Ltd seek to pin down TVS Motor Company from marketing its 'Flame' motorbike.

Bajaj Auto Ltd has alleged that country's third largest two-wheeler firm, TVS Motor Company, was illegally using its technology.

Earlier, the Madras High Court also declined to pin down TVS from marketing the product.