INDIA BUSINESS WORLD OCTOBER (1^st - 20^th) 2007
The Month that was ...

SC COMMENCES HEARING IN BIRLA-LODHA CROSS APPEALS

The Supreme Court has started hearing the cross-appeals filed by the Birlas and R S Lodha challenging each other's right to object to late Priyamvada Birla's purported 1999 Will and late M P Birla's 1982 Will, respectively. Under the 1999 Will, Priyamvada had bequeathed her Rs 5,000-crore estate to her chartered accountant Lodha. A bench comprising Justice S B Sinha and Justice H S Bedi, which is hearing the matter, had earlier issued notices asking Lodha, the representatives and legal heirs of Late Laxmi Devi Newar, including Nand Gopal Khaitan, to file their replies.