The Appellate Tribunal had reserved its order in July this year, after completing its marathon hearing over the issue
Sterling and Wilson shares tank as Shapoorji Pallonji, the controlling shareholders, drag their feet on promise of repaying Rs 23 billion debt.
The 'deep-rooted' discord between Tata and Mistry was over how each side viewed conflict of interest
Ashish Iyer, Senior Partner, and previously Global Leader, Strategy Practice at the Boston Consulting Group will head the firm
Cyrus and his brother Shapoor, who own 50% stake each in the family-held Shapoorji Pallonji (SP) Group, will be the joint promoters of the new venture
Admitting the petition, which challenges an NCLT order upholding Mistry's ouster, NCLAT has decided to hear the plea along with that over conversion of Tata Sons into a private company
In his petition to the NCLT, Mistry had alleged excessive interference of Tata Trusts
Last year, Venkatramanan had filed the criminal defamation suit before the magistrate court against Mistry
The board was concerned about the falling revenue since Mistry took over, and he failed to turn around the problematic performance of the group companies such as Tata Motors, he said
Venkatramanan said the e-mail, which was leaked to the media, caused irreparable damage to his reputation
The next hearing before the sessions court would be on September 11
The complaint was filed by Ramachandran Venkataramanan, the managing trustee of Tata Trusts
The petition is likely to come for hearing next week before the bench
Mistry alleged mismanagement and oppression of minority shareholders at Tata Sons Ltd
Law Tribunal said, "Mistry cos not eligible to allege mismanagement & shareholder oppression."
Mistry's counsel Aryma Sundram continued to argue on the maintainability on Tuesday
NCLAT refused to grant any relief to Mistry on Tata Sons holding EGM on February 6
The firms, controlled by Mistry and his family, moved the appellate body
The never ending saga of Cyrus Mistry and Tata Sons battle has taken yet another turn
Documents filed by Cyrus Mistry show why AirAsia India may have sacked its former CFO