The Birla camp is likely to move the Supreme Court to challenge the redefinition of the estate and the fetters placed on the administrator pendente lite
This is the second time in seven months that his continuation on the boards of the listed and unlisted companies has been challenged before the apex court
SC refuses to interfere with HC order dismissing contempt pleas against Lodha thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Calcutta high court dismisses contempt petitions against Harsh Vardhan Lodha The latest round in this dispute signals the end of another chapter in the legal battle between the Birla and Lodha families over the control of the MP Birla empire
The Calcutta high court on Thursday dismissed a clutch of contempt petitions filed by the Birla family which effectively allowed Harsh Vardhan Lodha to remain on the boards of the listed companies of the MP Birla Group, including flagship Birla Corporation Ltd.
The Birlas had filed five cases against Lodha and four companies contending that the chairman of Birla Corporation had violated a judgment handed down by Justice Sahidhullah Munshi (now retired) by continuing on the boards of these companies and directing their affairs.