Business Standard

Mistry investment firms file contempt petition against Tatas

Tatas said that there is no contempt and they would make their submissions to NCLT

Mistry investment firms file contempt petition against Tatas
Premium

Cyrus Mistry

Dev Chatterjee Mumbai
The two investment companies of the Mistry family, Cyrus Investments and Sterling Investment Corporation, on Wednesday, filed a contempt petition against Tata Sons, Tata Trusts and their officials in the National Company Law Tribunal for violation of the NCLT order.

The contempt petition said despite assurances by Tata lawyers that they would not take any action against Mistry, pending the hearing of a petition, Tata Sons has called an extraordinary general meeting of its shareholders on February 6 to remove Mistry from its board.

This action, the petition said, was against the NCLT consent order dated December 22 in which the Tatas

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in