Financial Daily from THE HINDU group of publications Wednesday, Aug 25, 2004 |
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Corporate
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Corporate Disputes Priyamvada will case hearing begins today Our Bureau
Kolkata , Aug. 24 FOX & Mandal, the solicitors representing Mr R.S. Lodha in his fight against the Birla clan, on Tuesday announced that they have served affidavits in opposition. The hearing, which will be Kolkata High Court's most high-profile case in recent years, will begin on Wednesday. The move is in line with the directive issued earlier by the court, said Mr Debanjan Mandal, who represents the firm. "We have filed the affidavit in accordance with the wishes of the court," he told newspersons. Mr N.G. Khaitan of Khaitan & Co, the law firm representing the Birlas, was not available for comment. Mr Justice Kalyan Jyoti Sengupta had earlier directed the two parties to file affidavits, after the Birla auditor moved court seeking dismissal of caveats which were filed by heads of four Birla groups, Mr B.K. Birla, Mr K.K. Birla, Mr G.P. Birla and Mr Yash Birla. Mr Lodha has already sought probate with regard to a will (written in 1999) of late Priyamvada Birla, which passed on to him assets of over Rs 5,000 crore. The case would be listed for hearing before Justice Sengupta's court on Wednesday. Mr Justice S.K. Mukherjee, incidentally, has expressed his unwillingness to hear the case citing personal reasons.
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