Slim chances of SP Group getting SC reprieve: Lawyers on review petition

The legal fracas is just posturing by SP Group to get a better valuation of its stake in the conglomerate, says a lawyer

The Shapoorji Pallonji group’s review petition in the Supreme Court will be an important milestone in the ‘Tata versus Mistry’ legal fight, with lawyers saying that very few review petitions succeed at the apex court.
 
“The overturning of the NCLAT judgement by the Supreme Court threatens to loom large over the head of the Shapoorji Pallonji group. Alleging that the Supreme Court has failed to consider all allegations pertaining to oppression and mismanagement at Tata Sons, the Shapoorji Pallonji group has filed a review petition. It is pertinent to note that the scope of review petition is limited as