A Calcutta High Court division bench ruled in favor of Harsh Vardhan Lodha continuing as the Chairman of MP Birla Group. The verdict, after three years of legal proceedings, stated that the lower court couldn’t interfere with the group’s entities. The decision imposed restrictions on the administrators’ committee, preventing interference in internal affairs based on a single judge’s directions. The case revolves around the estate of late Priyamvada Devi Birla, leading to a prolonged legal battle. Harsh Lodha, now affirmed as Chairman, is the son of the late Rajendra Singh Lodha. The ruling clarifies the committee’s limitations and marks a legal victory for Harsh Vardhan Lodha.
Calcutta High Court Upholds Harsh Vardhan Lodha as MP Birla Group Chairman, Imposes Restrictions on Administrators
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