Birla Corporation

Court clears Birla Corp meet

Court clears Birla Corp meet

Today, Birla Corporation had been allowed by Calcutta High Court to go ahead with its general annual meeting which had been stalled yesterday due to the receipt of a district court order.

Justice Prasenjit Mandal overruled the order of Alipur court Judge Kalpana Dey and directed that Birla Corporation was free to hold its AGM for 2010 as required under the companies Act.

The stay order on the AGM was obtained by one of the share holders Mr. Prabhat Kumar Surekha. on June 22nd

The AGM now will be held on the 29th of June provided no other legal hassle crop up in the meantime.