The company made the announcement via its blog. "The technology landscape has seen its fair share of several high-profile legal cases being contested across the globe over the years. And we found ourselves embroiled in one upon entering the Indian Market," it said.

"The month of December last year was a momentous occasion for the OnePlus family. We launched our flagship phone, the “OnePlus One” much to the delight of our consumers here in India. And then we unexpectedly got hit by a legal snag! For reasons that were made public earlier, we had to take a legal recourse to protect our rights in light of the proceedings initiated by Micromax," the blog said.

"Five months hence, we are happy to confirm today that all legal proceedings have been resolved and the cases have been withdrawn through mutual consent. We hate donning suits and ties anyways. To make things sweeter, we would like to re-assure our customers and fans in India that our flagship phone, the “OnePlus One” will continue to receive OTA updates from Cyanogen in-line with our users in markets around the world," the company said.