The Hindu : Business : `Estate intended for charity': Birla family

Online edition of India's National Newspaper
Friday, Jul 16, 2004

Business

Business

`Estate intended for charity': Birla family

The Birla family asserted in a public statement that they are not contesting the purported Will of Priyamvada Birla in order to assert any `rights' of any member of the family. The family said it was united in securing the Estate for charity, as the late M. P. Birla intended. This is the text:

"This statement is being issued on behalf of the Birla family, i.e., the families of Shri K. K. Birla, Shri B. K. Birla, Shri G. P. Birla, Shri S. K. Birla, Shri C. K. Birla, Shri Siddharth Birla, Shri K. M. Birla and Shri Yash Birla, in regard to the purported Will of [the] late Smt. Priyamvada Birla. This statement is intended to make public the unanimous and agreed opinion within the Birla families about the issue.

"There are media reports and comments suggesting that the Birla families are contesting the purported Will to assert their right or the rights of some members of their families to the Estate of [the] late Priyamvada Birla. This is clearly baseless. In fact, the unanimous view of all Birla families is that none of the Birla families want a rupee of the assets of [the] late Priyamvada Birla. The Birla families know that the late M. P. Birla had clearly and unequivocally decided to leave his entire Estate for charity and this desire was repeated several times by late Smt. M. P. Birla to the family and family friends.

"The purpose of this statement is to make it clear that the Birla families are united to secure the Estate for charity as [the] late M. P. Birla had intended — and none of the families would like to have any share of the assets of [the] late Shri M. P. Birla and Smt. Priyamvada Birla. The Birla families appeal to the media to take note of this solemn declaration of theirs so that their reports are consistent with the fundamental stand of the Birla families — not contrary to it.''

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