 "Harsh Vardhan Lodha")
Harsh Vardhan Lodha has been removed from the boards of five investment companies of the M P Birla group on the basis of a Calcutta High Court order restraining him from holding office.
The administrators panel (APL Committee) removed Lodha from the boards of East India Investment, Gwalior Webbing, Baroda Agents and Trading Co, The Punjab Produce & Trading Co and Punjab Produce Holdings. The investment firms are headed by judicial member of the APL Committee, Mohit Shah.
The Birla side said that the corporate affairs ministry approved and accepted the cessation of Lodha's directorship on November 18.
The Lodhas
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