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. On contrary, it was Cyrus Mistry who sought guidance from the chairman from time to time on range of issues,  Singhvi told the National Company Law Tribunal (NCLT) in Mumbai, which concluded the