 "Tata-Mistry battle: NCLT to announce date of order on Tuesday")
The Mumbai bench of the National Company Law Tribunal (NCLT) may announce a date on which it is going to pronounce an order on the Tata-Mistry battle, on Tuesday.
ALSO READ: AirAsia case: Tatas feel the heat from Cyrus Mistry's hot spots
ALSO READ: AirAsia case: Tatas feel the heat from Cyrus Mistry's hot spots
Following his ouster as chairman Tata Sons, In December 2016, Cyrus Mistry and his investment firms filed a petition against Tata Sons and its directors, Tata Trusts, its chairman and several individuals.
In his petition, Mistry challenged his removal and alleged oppression and mismanagement at Tata Sons. Irrespective of the outcome, the order on the high profile case, which has seen both sides exchanging barbs publicly, will be critical as it will mark a decisive turn in the-one-and half-year-old bitter legal battle.
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