High Court issues notice to B K Birla

The Calcutta High Court has issued notice to B K Birla for a civil defamation suit filed by Rajendra S Lodha, claimant to the Rs 5,000 crore assets of the M P Birla group.

The High Court, on Friday, directed B K Birla to be present on August seven in connection with the Rs 100 crore defamation suit filed by Lodha against him for allegedly making media statements in connection with the purported 1999 will of Priyamvada Birla.

Lodha has sought probate for the 1999 purported will before the high court vide in which she had given away assets of M P Birla group to Lodha, a chartered accountant.

Lodha and the Birlas are figthing several court cases over the M P Birla group assets.

While the Birlas have asserted that the assets were meant for charity, Lodha has laid claim to the property stating that Priyamvada had wanted to uphold her husband M P Birla's name.

Article Source: http://www.share.onlypunjab.com

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