Last year I started a software company in India and was busy minding my own business when I got a letter from the lawyers of one of India's top IT companies stating that my company name was violating their client's trademark. So I changed my company name and thought that the problem was sorted out. That was 4 months ago. This week I received another letter form the same lawyers saying that I should transfer the domain name to their clients, free of cost.
My lawyer says that legally they cannot ask me to transfer the domain name since they cannot prove that I registered the domain name in bad faith or to squat on it. I actually had a valid company under that name and did business. However they can make my life miserable by dragging me to court. I dont have the time nor the patience to take this matter further. Neither do I want to let them bully me into handing over the domain name to them. I have had enough trouble and lost enough money changing my company name.
Any help in terms of legal advice or past experience to help me build my defense will be appreciated.
I want to get rid of the domain name. If anybody is interested in buying the name, please contact me at email@example.com. I will send you information on the domain name and the IT company.