Disagreements have been brewing between Tata Trusts and SP Group in the last few months over the transferability of shares held by SP Group in Tata Sons
How did the Mistrys of the Shapoorji Pallonji group manage to acquire shares in the Tata Group? scroll.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scroll.in Daily Mail and Mail on Sunday newspapers.
The Supreme Court of India (
Court), recently on 26 March 2021, has delivered a breakthrough decision in the realm of Indian company law and corporate governance. The decision concerns one of the biggest corporate shareholder legal battles involving Tata Sons - the promoter of Tata companies and the Shapoorji Pallonji Group, which was extensively contested, both in terms of facts and law. However, this is not the reason why this decision assumes great significance. The decision attracts enormous attention since it explores every nook and corner of Section 241 & 242 of the Indian Companies Act, 2013 (
2013 Act) and illuminates on various elementary concepts, in extraordinary precision.
Can SP pledge Tata Sons shares? Opinion differs indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Tata Sons vs Cyrus Mistry: CJI SA Bobde discloses his son appears for Shapoorji Pallonji Group firm However, the lawyers appearing in the case on behalf of both the parties expressed that they had no objection to a CJI-led bench hearing the case File image of Ratan Tata and Cyrus Mistry. Photo credit: AFP.
New Delhi: Chief Justice of India Sharad Arvind Bobde, who is heading the bench hearing the high-stake Tata-Mistry case on Monday disclosed that his advocate son Shrinivas Bobde, has been representing a subsidiary company of Shapoorji Pallonji Group in a slum redevelopment matter for about two years.