The Birlas had filed applications for the appointment of administrators over all the assets and properties of the MP Birla Group.

They had also prayed that Mr Lodha be restrained from exercising any control over the group companies.

Responding to a clarification sought by a Lodha counsel, justice Kalyan Jyoti Sengupta explained after delivering the judgement that no order of injunction has been passed restraining Mr Lodha from exercising any control over the MP Birla Group companies.

In the course of hearing the applications, senior Lodha advocates Shakti Nath Mukherjee and Anindya Mitra, who appeared with Pratap Chatterjee, Dhruvo Ghosh, Amitesh Banerjee and Sanjiv Trivedi, offered an undertaking that all assets and properties mentioned in the affidavit of assets would be preserved and protected.

The undertaking was recorded in the judgement, which also directed Mr Lodha to preserve and protect the property and assets as contained in the affidavit of assets, including any share or other property that might come in his hands.

The court also said that in case any board resolution regarding disposal of assets or removal of directors in any of the MP

Birla Group companies was to be considered, prior notice needs to be given to the defendants