KOLKATA, July 15: One of India's richest corporate empires, the Birla family, has united to challenge a huge bequest by one of its members to her accountant. According to BBC, Priyamvada Birla, widow of a cousin of family patriarch B.K. Birla, left company assets worth 50 billion rupees (1.1billion dollars) to Rajendra Lodha.

B.K. Birla said there was "perfect harmony" in the family to challenge the bequest to a "complete outsider". Mr Lodha, who opened the will on Monday, was not available for comment.

Priyamvada Birla's husband, Madhav Prasad Birla, died in 1990 and the couple had no children. She ran the MP Birla group of companies after his death, until her own death last week at the age of 76.

On Monday, Mr Lodha, a leading chartered accountant whose firm audits most of the Birla companies, opened the will in the presence of the astonished Birlas at their Kolkata home, called Birla Park.

Mr Lodha was named the inheritor of the entire assets and management control of M.P. Birla. B.K. Birla said: "The family members have examined the will and the consensus is that we have the moral and legal right to challenge the validity of the will."

Lodha is a sharp financial adviser and accountant and has won many a court battle for the Birlas. There are seven distinct branches of the Birla tree, whose combined assets stand at 8.8 billion dollars.

The Birlas have hired two Kolkata-based solicitors firms, Khaitan & Co and NG Khaitan & Co, to draw up legal action. Sources at Khaitan & Co say a legal notice is likely to be served in a day or two to stop Mr Lodha executing the will. A lawyer at Khaitan & Co said it was "rather unusual" for Priyamvada Birla to have left her will with the intended beneficiary and not with her lawyers.

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...