Tata Sons case: NCLAT ready to expunge remarks against RoC; seeks details

NCLAT adjourned the hearing till tomorrow and has sought clarification from RoC on what constitutes a private company

The National Company Law Appellate Tribunal (NCLAT) on Thursday said it was ready to remove the strictures against the Registrar of Companies (RoC), Mumbai, from its order that ruled that Tata Sons’ conversion from public to private entity was illegal and directed the RoC to reverse the same.
 
The NCLAT adjourned the hearing till Friday and sought clarification from the RoC on what constitutes a private company. A two-member Bench, headed by NCLAT Chairman Justice S J Mukhopadhaya, also sought an explanation on the due process for allowing the conversion from public to a private company.  The RoC Mumbai