Business Standard

Mistry's counsel failed to prove violation of law: Tata Sons to NCLT

The two sides have been locked in a bitter legal dispute since December 2016

tata motors
Premium

tata motors

Shally Seth Mohile Mumbai
Tata Sons told the National Company Law Tribunal’s  (NCLT’s) Mumbai bench on Thursday that the counsel representing the Mistry family’s investment firms had failed to prove any of their pleas violated the law. Abhishek Manu Singhvi, who appeared on behalf of Tata Sons, was responding to the allegations of oppression and mismanagement submitted by Mistry’s counsel.

The two sides have been locked in a bitter legal dispute since December 2016, following the removal of Cyrus Mistry as the chairman of Tata Sons. 

The only exception he added was Article 75, which pertained to compulsory transfer of shares owned by the

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