Tata-Mistry battle: NCLT to announce date of order on Tuesday

Following his ouster as chairman Tata Sons, In December 2016, Cyrus Mistry & his investment firms filed a petition against Tata Sons and its directors, Tata Trusts, its chairman & several individuals

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

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. 

ALSO READ: AirAsia case: Cyrus Mistry hits back at Tata Trusts' head Venkataramanan
 

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.