Pharmaceutical and biotech firm Wockhardt has approached the Supreme Court, accusing

Kamineni Hospitals Ltd., a Hyderabad-based company, for illegally and forcibly taking charge of

hospital by breaching the agreement between them.

Based on Wockhardt's allegation, the apex court has issued a notice to Kamineni Hospitals for

violating the agreement between the two companies before expiry of the five-year lock-in

period for taking charge of the entire property.

Wockhardt Hospital , which is a part of the Habil Khorakiwala founded firm and is present

in more than 20 countries, had signed an agreement with Kamineni Hospital which had the

ownership of land and building.

Wockhardt has reported that according to the agreement, company has invested huge sum

of money in the form of equipment, manpower, instruments, utilities, machinery, fitting etc.

Moreover, the lock-in period of the deal was 5 years.