Summons to MP Birla trio - News Summed Up

Summons to MP Birla trio


The Birla family termed the development as a “body blow” to the Lodhas. (Shutterstock)Three companies of the MP Birla group — Birla Corporation, Birla Cables and Vindhya Telelinks — have been ordered to appear before the Calcutta high court judge who is hearing the probate for the late Priyamvada Devi Birla’s contentious will. The latest development adds another twist to the 16-year long battle between the Lodhas and Birla family over the assets of the MP Birla group. The Birlas have been keen to bring the manufacturing companies of MP Birla Group, the cash cows of the empire, within the scope of the probate court proceedings in an attempt to put fetters on the Lodha family. Birla Group,” a statement from Birla family said.


Source: The Telegraph June 10, 2020 20:37 UTC



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