Lawstreet Journal

Supreme Court sets deadline for the Calcutta High Court to rule on the Lodha Dispute and Birla Dispute [READ ORDER]

Lawstreet Journal 15 Jul 2021 3:26am

Image courtesy: Lawstreet Journal Judiciary Supreme Court sets deadline for the Calcutta High Court to rule on the Lodha Dispute and Birla Dispute [READ ORDER]

The Supreme Court of India, set a deadline till 31st March, 2022 for the Calcutta High Court to rule on the petitions filed by Birla family members challenging Harsh Vardhan Lodha's continued role as director and chairman of four MP Birla group entities.

The Court issued the directive while declining to intervene with a Calcutta High Court judgement dismissing contempt petitions filed against Harsh Vardhan Lodha for continuing to serve as a director and chairman of four MP Birla Group entities.

A bench of Justices DY Chandrachud and MR Shah refused to hear the special leave applications, citing the fact that appeals are unresolved before the Calcutta High Court's division bench.

Furthermore, the Supreme Court instructed the Calcutta High Court to hear all challenges against Lodha's position as a director of MP Birla Group companies by 31st March, 2022.

Birla Corporation, Universal Cables, Vindhya Telelinks, and Birla Cable are among the group companies led by Mr Lodha.

A battery of prominent lawyers, including Kapil Sibal, P Chidambaram, K V Vishwanathan, and Janak Dwarkadas, appeared for the Birlas and petitioner Arvind Kumar Newar, and argued the high court was absolutely incorrect in rejecting the contempt cases.

Mr. Sibal said that, “The High Court stated that he must adhere with its ruling, but he has not done so. I'm not interested in holding him in contempt or imprisoning him, but I do want him gone”.

Senior lawyer Shyam Divan and lawyer Sumeer Sodhi, representing Vindhya Telelinks Ltd, requested that an order… Continue Reading...


Tagged: Birla Group   Supreme Court of India  
Disclaimer: SoOLEGAL in Media collaboration with Lawstreet Journal. SoOLEGAL take no responsbility for the content provided by Lawstreet Journal. For any discrepancies Contact Lawstreet Journal.
Did you find this write up useful? YES 0 NO 0
×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com