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New Delhi: Rajendra Singh Lodha, a renowned chartered accountant and heir to Priyamvada Birla’s Rs. 5,000-crore legacy, died of suspected heart attack in London. He was 66. “My father probably died of heart attack, but we will get to know after the post mortem,” Harsh Lodha told PTI over phone. No further details were immediately available. Mr. Lodha is survived by two sons — Harsh and Aditya — and daughter Meenakshi. Priyamvada, widow of M.P. Birla, bequeathed the entire assets of the group worth Rs. 5,000 crore to Mr. Lodha, sparking a protracted legal battle between the Birla family and the ‘outsider.’ Dispute on will
The demise of Priyamvada Birla in July 2004 was followed by intense litigation after Mr. Lodha applied for the probate of a purported will, which itself became a disputed issue. Senior members of the Birla family also filed appeals in the Calcutta High Court. Mr. Lodha took charge as Chairman of the Birla Corporation, an issue that was challenged legally by B.K. Birla on behalf of the entire Birla clan, including Kumar Mangalam Birla. Mr. Lodha, owner of chartered accountant firm R.S. Lodha and Company, was responsible for bringing the sixth largest accounting and consultancy firm, BDO International, to India, tax lawyer S.C. Vaish said, adding “he enjoyed a good reputation.” He had also served as president of apex industry chamber, FICCI. — PTI
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