Mistry investment firms file contempt petition against Tatas

Tatas said that there is no contempt and they would make their submissions to NCLT

The two investment companies of the Mistry family, Cyrus Investments and Sterling Investment Corporation, on Wednesday, filed a contempt petition against Tata Sons, Tata Trusts and their officials in the National Company Law Tribunal for violation of the NCLT order.

The contempt petition said despite assurances by Tata lawyers that they would not take any action against Mistry, pending the hearing of a petition, Tata Sons has called an extraordinary general meeting of its shareholders on February 6 to remove Mistry from its board.

This action, the petition said, was against the NCLT consent order dated December 22 in which the Tatas