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Lodha counters APL committee's decision not to support his reappointment

The decision of the APL committee has been challenged in Calcutta High Court, said Lodha, when asked about it at a press conference after Birla Corporation's AGM

There are 3.3 million directors registered with the Ministry of Corporate Affairs
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The committee has also decided to oppose a proposal for payment of remuneration to non-executive directors and the chairman of the four manufacturing companies

Ishita Ayan DuttAvishek Rakshit Kolkata
Birla Corporation Chairman Harsh Vardhan Lodha on Tuesday countered a court-appointed committee’s decision to not support a resolution seeking his reappointment as director on the board of two group entities — Vindhya Telelinks and Birla Cable. “The board of a company is supreme as far as decisions regarding it are concerned,” he said. The Administrator Pendente Lite (APL) committee to administer the estate of Priyamvada Birla until there’s a final order in the decade-and-a-half-old dispute between the Birlas and the Rajendra Lodha family over control of the MP Birla Group. The dispute began in 1999 over the purported will of

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