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HC nixes petitions against Harsh Lodha continuing as MP Birla Group Director April 22, 2021 ‘Go-ahead for him to remain chairman of all cos of the group’ The Calcutta High Court, on Thursday, dismissed the contempt petitions filed against Harsh Vardhan Lodha for continuing as director of MP Birla Group companies. According to Debanjan Mandal, partner, Fox & Mandal and the advocate for Lodhas, the verdict would clear the decks for Lodha to continue as the chairman of all companies of the MP Birla Group including Birla Corporation, Universal Cables, Vindhya Telelinks and Birla Cable. “Our client is deeply grateful to the highest honorable court of the state for this resounding victory. In the past two years, relentless attacks have been mounted, not only on Lodha, but also on the independent directors and executives of the MP Birla Group companies. Thursday’s verdict vindicates the highest level of governance standards maintained in these companies from the times of the l

West bengalDebanjan mandalVindhya telelinksFox mandalPriyamvada devi birlaMadhav prasad birlaJustice sahidullah munshiJustice thottathilb radhakrishnanVardhan lodhaJustice shampa sarkartheBirla corporationCalcutta high courtMp birla groupDivision bench of the calcutta high courtDivision bench of calcutta high courtDivision bench