Supreme Court's Tata ruling has patent errors: SP's review plea
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In its review petition filed before the Supreme Court (SC), the Shapoorji Pallonji (SP) Group has contended that the apex judiciary’s March 26 judgment dismissing all allegations of oppression and mismanagement at Tata Sons has led to 'miscarriage of justice'.
(This story originally appeared in
on Apr 28, 2021)In its review petition filed before the Supreme Court (SC), the Shapoorji Pallonji (SP) Group has contended that the apex judiciary’s March 26 judgment dismissing all allegations of oppression and mismanagement at Tata Sons has led to 'miscarriage of justice'. It argued that the judgement incorrectly interpreted provisions in the Companies Act, eroding governance standards and rendering a large swathe of minority shareholders remediless.