The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the petition of Registrar of Companies, Mumbai, seeking modifications in the Tata Sons versus Cyrus Mistry judgment, as no mala fide intentions have been made against the government body, its order said.
A senior government official said the government would take action based on the Supreme Court’s (SC’s) order. “The appellate tribunal is free to interpret the law. We wanted to clarify our position since remarks were made about a government organisation. We will wait for the SC's order," he said.
The NCLAT ruled, “We find that there is a