SC rejects Lodha’s petition, Calcutta HC to hear case tomorrow
July 27th, 2009 - 4:42 pm ICT by ANI ( Leave a comment )New Delhi, July 27 (ANI): The Supreme Court on Monday refused to provide relief to Harsh Vardhan Lodha, who sought a stay on a Company Law Board interim order that barred him from chairing the Birla Corp annual general meeting (AGM).
The AGM was slated for today.
The Supreme Court also directed the Calcutta High Court to hear petition by Lodha and Birla camps on Tuesday.
Lodha had moved to the Calcutta High Court challenging the CLB interim order on the AGM of the Birla Corp, to which Harsh’s father R S Lodha had staked claim to citing the purported 1999 will of Priyamvada Birla.
Some Birla family members have contested the Lodha family claim on 5,000-crore-rupee M P Birla estate. (ANI)
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Tags: annual general meeting, birla family, calcutta high court, case tomorrow, company law board, family members, m p birla, New Delhi, petition, priyamvada birla, r s lodha, rupee, supreme court