Priyamvada will case: SC dismisses Birla Corp SLP on document theft

Documents were submitted by minority shareholders before erstwhile CLB to prove charges of mismanagement and irregularities against Harsh Lodha, chairman of Birla Corp and other officials

Supreme Court
A general view of the Supreme Court

The Supreme Court on Wednesday, dismissed a special leave petition (SLP) moved by MP Birla Group company, Birla Corporation, against a group of minority shareholders who are close associates of the larger Birla family, alleging theft of vital documents from its registered office at Birla Building in Kolkata.  These documents were submitted by these minority shareholders before the erstwhile Company Law Board to substantiate their allegations of acts of oppression and mismanagement and serious irregularities in the operational and financial affairs against Harsh Lodha, chairman ...