Search:



The Web

Rediff








Home > Business > PTI > Report

Jaitley adds new twist to Birla will

September 23, 2004 17:47 IST

The Birlas on Thursday submitted before the Calcutta high court that their caveat in the Priyamvada Birla will case be regarded as a public interest caveat since they were claiming the assets of M P Birla Group for charities.

Winding up his argument, B K Birla's counsel Arun Jaitley submitted before Justice K J Sengupta that Birlas have sought the probate of the mutual will of 1982 of M P Birla and Priyamvada Birla as per which the entire estate should go to charities.

He said the Birlas had caveatable interest in the matter since there were two documents with two competing interest and both were entitled to caveats to probate petitions of the other. He claimed whereas Rajendra Lodha wanted the estate for personal gain, Birlas wanted it for charities.

He submitted that the Birla family, of which M P Birla was a part, had the right to propound the 1982 "wills" and question the purported will of Priyamvada of 1999 on the basis of its very existence, fraud on the executor, and fiduciary relationship between Lodha and Priyamvada.

Arguing on behalf of Yashovardhan Birla, counsels P K Roy and Pramit Roy rejected Lodha's contention that relation between the Birla clan and M P Birla and his wife Priyamvada Birla were strained.

Submitting that there was very good relation in the family he said just one letter by Ashok, son of Gajanan Birla, to Priyamvada over the management of Bombay Hospital, a document on which Lodha is relying on to establish that there existed a bitterness between Ashok and Priyamvada, does not prove such a contention.


Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article









© Copyright 2004 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.











Copyright © 2004 rediff.com India Limited. All Rights Reserved.