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cyrus mistry to appeal nclt order dismissing his plea against tata sons




ousted tata sons chairman cyrus mistry on monday said he would appeal against the order of the national company law tribunal (nclt) that dismissed pleas challenging his removal. a statement from mistry's office described the nclt, mumbai, ruling as "disappointing although not surprising". "we will c...



nclt rules against cyrus mistry in tata boardroom battle, junks his plea




the national company law tribunal (nclt) dismissed on monday cyrus mistry’s plea against his ouster as the chairman of the tata sons and allegations of mismanagement in the company, tv news channels reported. nclt said mistry openly went against the board of directors, according to the reports. nc...



nclt dismisses mistry's plea, rules in favour of tata sons: key points




the national company law tribunal (nclt) on monday dismissed cyrus mistry's plea against the tata sons group, according to television reports. reports added that the nclt ruled that the board of directors was competent to remove an executive chairman. earlier, nclt mumbai's special bench of b s v pr...



law tribunal deals big blow to mistry




in a blow to ousted tata sons chief cyrus mistry, the national company law tribunal (nclt) said that mistry’s family firms are not qualified to file a petition alleging mismanagement of tata sons and oppression of minority shareholders.“the petitioners have failed to convince the court that the ...



sacking as tata sons chairman: cyrus mistry loses appeal at nclt




want create site? find free wordpress themes and plugins.sacked tata sons chairman cyrus mistry has lost his appeal to the national company law tribunal (nclt) regarding his removal as the head of the $ 100 billion conglomerate by its board. while mistry, who is from the pallonji family, the largest...



ratan tata welcomes nclt verdict, says vindication of tata sons' actions




ratan naval tata, the chairman of the tata trusts, which own over 66 per cent in the tata sons, on monday, welcomed the nclt verdict that dismissed the petitions of cyrus mistry and his family, which is the single largest shareholder in the diversified group. the mistry family owns over 18.34 per ce...



cyrus mistry has harmed interests of tata group, says v r mehta




even as the legal spat between tata sons and ousted chairman cyrus mistry show no signs of a thaw and in all likelihood only escalation, v r mehta, a trustee at sir dorabji tata trust, said the two sides could have settled the issues amicably had the mistry camp not worked against the interest of th...



disappointed, not surprised: mistry on nclt ruling; tata welcomes verdict




former tata group chairman cyrus mistry in a statement said he was "disappointed" but not surprised by the national company law tribunal's (nclt) dismissal of his petition. "the ruling of the national company law tribunal is disappointing although not surprising. we will continue to strive for ensur...



tata sons conversion to pvt ltd no act of oppression: tata counsel at nclt




tata sons’ counsel on tuesday in his arguments said the conversion of tata sons from a limited company to a private limited company cannot be considered as an act of oppression. abhishek manu singhvi, tata’s counsel also refuted allegations that ratan tata interfered in the affairs of tata sons....



tata mistry case: nclt to pronounce order on tata-mistry battle today; all you n




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, unp...



boardroom battle: nclt dismisses cyrus mistry's petition against tata sons




the mumbai bench of the national company law tribunal (nclt) ruled in favour of tata sons, dismissing cyrus mistry and his family firms’ petition against the holding company on monday, marking an end to the first phase of a bitter legal battle that began in december 2016. the dismissal is a major ...



cyrus mistry case will become precedent in oppression disputes: experts




the mistry family’s investment firms failed to make a case of “oppression” of minority shareholders and mismanagement of tata sons at the national company law tribunal (nclt) and the order would now become a precedent for similar disputes in corporate india, said corporate lawyers. “the nclt...



tata sons-cyrus mistry feud: nclt says chairman doesn't enjoy a free hand




the national company law tribunal (nclt), which upheld the removal of cyrus mistry as chairman of tata sons, said an executive chairman does not enjoy a free hand and that he also cannot assume those majority shareholders and the board would be at his "beck and call". in a 368-page order, which was ...



nclt sets aside mistry plea to shift case to delhi bench




the national company law tribunal today dismissed the plea of ousted tata sons chairman cyrus mistry seeking transfer of his case challenging the ouster to the new delhi bench from mumbai. the principal bench of the nclt headed by chairman justice m m kumar also imposed a cost of rs 10 lakh on mistr...



fallout of board battle: tata sons free to become private firm, rules nclt




the mumbai bench of the national company law tribunal (nclt) justified tata sons’ conversion into a private limited company from a deemed public limited one. this was one among the various points elaborated upon in the 368-page order on the tata-mistry verdict on thursday. the bench had ruled in f...



tata motors lost orders from ola and uber due to mistry-tata tiff




tata motors lost a sizeable order from cab aggregator firms ola and uber as the group’s former chairman, cyrus mistry, and group patriarch ratan tata fought a bitter battle. it was india’s largest carmaker maruti, which finally bagged the order. according to the national company law tribunal’s...



don't let tata sons become a private company: cyrus mistry's firm to nctl




in his prayer on wednesday to the bench here of the national company law tribunal (nclt), cyrus mistry family firms’ counsel aryama sundaram pleaded that tata sons be restrained from being converted into a private company. and, that it be directed to abide by all requirements of the companies act ...



nclt reserves order on mistry plea to transfer case




the national company law tribunal today reserved its order on the plea of ousted tata sons chairman cyrus mistry seeking transfer of his petitions challenging the ouster to the new delhi bench from the mumbai one.the principal bench of the nclt, headed by chairman justice m m kumar, will pronounce i...



cyrus mistry himself sought guidance from ratan tata, says tata's counsel




contesting allegations of "mismanagement" at the group, tatas on friday said former chairman cyrus mistry himself had suggested pre-consultation with his predecessor ratan tata to seek on draft corporate governance code. "mistry sought guidance...and after his removal, these acts were deemed as oppr...



tata-mistry tiff: tata motors lost sizeable orders from both ola, uber




tata motors lost a sizeable order from taxi aggregator firms, ola and uber as tata group’s former chairman, cyrus mistry and the group patriarch, ratan tata fought a bitter battle following the removal of mistry as tata sons chairman in october 2016. it was india’s largest car maker maruti which...



tata trustee to challenge court's order on defamation against mistry in hc




r venkatramanan, trustee, tata trusts will challenge the sessions court order, which quashed the criminal defamation suit filed by him against cyrus mistry, the former chairman of tata sons and his family investment firms. zulfiquar memon, managing partner of mzm legal, a boutique law firm represent...



venkatramanan to challenge court's order on defamation against mistry in hc




r venkatramanan, trustee, tata trusts will challenge the sessions court order, which quashed the criminal defamation suit filed by him against cyrus mistry, the former chairman of tata sons and his family investment firms. zulfiquar memon, managing partner of mzm legal, a boutique law firm represent...



tata's chief ethics officer mukund rajan quits for entrepreneurial pursuits




tata sons on thursday said its chief ethics officer mukund rajan will leave the group to evaluate entrepreneurial pursuits in the coming months. "dr rajan and tata sons have mutually agreed that dr rajan will leave the services of tata sons on march 31, 2018," the company said in a statement. on the...



airasia case: cyrus mistry hits back at venkataraman for dragging his name




former tata group chief cyrus mistry on thursday hit back at tata trusts' r venkataraman for dragging his name in the airasia india case, saying it was a "ridiculous attempt" to question the probe agency cbi's independence and to cloak his own "alleged misadventures" at the airline. mistry, who was ...



airasia case: venkatramanan says wrongly accused by cbi, slams cyrus mistry




tata trusts’ r venkataramanan on wednesday said he had been wrongly named as an accused in the cbi case against airasia india as he had “little or no role to play” as non-executive director at the airline, even as he blamed “revenge legal action” by former tata sons chairman cyrus mistry f...