The Hindu Business Line : New claimant to M.P. Birla's assets emerging

A NEW claimant to the M.P. Birla group's assets emerged on Tuesday with Ms Gita Sanghi (based in Indore), daughter of Mr Gajanan Birla, approaching a leading city-based lawyer, Mr Pramode Khaitan, on the matter.

Tuesday's development opens a new chapter in the row over Priyamvada Birla's will, which has bequeathed assets of the M.P. Birla group to noted chartered accountant, Mr R.S. Lodha.

Mr Khaitan, whose firm was earlier part of Khaitan & Co (the lawyers who are representing the Birlas), confirmed that he had been approached by Ms Sanghi. "Yes, we have been consulted. However, I cannot say for sure whether the matter will actually move to the courts. There has to be a decision with regard to staking a formal claim. We will take a decision tomorrow", he said.

The possibility of the next of kin of Ms Sanghi joining the list of claimants is, therefore, not ruled out. These are members of the family of Gajanan Birla's second wife. Ms Sanghi is one of the three children of Mr Gajanan Birla (brother of Mr M.P. Birla) from his second wife. The family includes Ms Anjali Sawhney, the other daughter, and Ms Radhika, daughter-in-law (wife of late Madhukar Birla).

The development comes shortly after the emergence of two new claimants — M.P. Birla's sisters, Ms Radha Mohta and Ms Lakshmi Devi Newar - who are opposed to Mr Lodha.

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