'The SLP was heard today and the Supreme Court has directed that the appeal against the CLB order should be heard at the high court tomorrow morning. In the light of the above, the meeting is adjourned,' Swarup added.

The CLB had recently prevented Harsh Vardhan Lodha, son of the late chairman R.S. Lodha, from chairing the AGM, following which he sought a stay from the country's apex court.

R.S. Lodha was the disputed beneficiary of the M.P. Birla group chairperson Priyamvada Birla's will that bequeathed the entire assets of the group to him.

The Supreme Court Monday refused to offer relief to Harsh Vardhan Lodha. It also directed the Calcutta High Court to hear petitions by the Lodha and Birla camps Tuesday.

'The very order of the CLB, according to the legal opinion given to us is not in the interest of the company and is not maintainable and that is why we went to the High Court first and then to the Supreme Court,' said Harsh Vardhan Lodha.

'It directed the high court to hear it (the petition) 10.30 a.m. tomorrow (Tuesday),' Lodha told reporters on the sidelines of the AGM.