The Mumbai Bench of the National Company Law Tribunal (NCLT) will pronounce its order on the Tata-Mistry battle on Wednesday. The legal feud has been replete with war of words, both sides exchanging barbs through defamation suits, hundreds of affidavits and references to past emails and letters, unprecedented in the Tata Group's 150-year-old history and in the history of corporate India. The judge's order will set a landmark precedence for corporate feuds particularly, for promoter-led firms. Business Standard reflects on the 18-month-old battle.
Mistry firms’ allegations against Tata Sons at NCLT
- Mismanagement at Tata Sons and oppression of minority shareholders