The Supreme Court on Monday declined to entertain a special leave petition (SLP) filed by the Birlas against a Calcutta High Court Division Bench order that had dismissed contempt petitions against Harsh Vardhan Lodha for continuing as director and chairman in Birla Corporation, Universal Cables, Vindhya Telelinks and Birla Cable.
The apex court directed Calcutta High Court to dispose of all outstanding appeals and cross-appeals over Lodha holding office as a director in MP Birla Group companies by March 31, 2022.
Commenting on the order, Lodha’s advocate, Debanjan Mandal, partner, Fox & Mandal, said, “Monday’s Supreme Court verdict demolishes the