SC dismisses Birla family petition on court order

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The Supreme Court on Monday refused to intrude with a 4 May Calcutta excessive court order reappointing Harsh Vardhan Lodha as director in two MP Birla Group firms, in a setback for the Birla family which had challenged it.

The Birla family has been locked in a 16-year authorized battle with Lodha over the management of the 5,000 crore MP Birla empire. The two-judge division bench of the Calcutta excessive court had allowed Lodha’s reappointment as director in group companies Vindhya Telelinks and Birla Cable.

On Monday, an apex court bench comprising justices D.Y. Chandrachud and M.R. Shah ordered {that a} single-judge probate court, which is already coping with the Birla inheritance case, ought to endeavour to resolve on the difficulty of “jurisdictions” and “interim relief” inside a month. After listening to senior counsels from each events by video conferencing, the apex court bench dismissed the petition difficult the excessive court order.

A Birla family spokesperson mentioned in a press release, “The Supreme Court has thrown a lifeline to the probate matter the place the Birlas are contesting Priyamvada Devi Birla’s will allegedly made in favour of the Lodhas who’re in bodily management of key belongings of the M.P. Birla Group.” The assertion mentioned the apex court has granted safety to Birlas and directed that the outcomes of the AGMs can be topic to the choice of the one choose.

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