Tata vs Mistry case: Firm petitions against order on 'winding up'

Tata Sons, in its appeal to the Supreme Court, has taken a strong objection to the National Company Appellate Tribunal (NCLAT) order, which, among other things, justifies the “winding up” of the holding company of the Tata group. It points out that the whole issue has been blown into a case of oppression and mismanagement when it could have been dealt with as a directorial complaint.
 
According to a copy of the draft appeal submitted by the holding company in the apex court, there are “no cogent reasons” assigned for the conclusions arrived at in the "Impugned Judgment."