A LITTLE OVER three years since a single judge of the Calcutta High Court passed an order directing the removal of Harsh Vardhan Lodha as the chairman of the MP Birla Group, a division bench of the Calcutta HC on Thursday ruled that the single-judge bench could not have interfered with the functioning of the companies, trusts and societies of the group.
"There cannot be universal or dynamic injunction or direction affecting the future course of action of the companies from the Testamentary Court," the two judges said in their judgment, referring to the disputed verdict of the single judge of the Calcutta High Court passed on September 18, 2020.
Esta historia es de la edición December 15, 2023 de Financial Express Mumbai.
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