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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. ....
Tata-Mistry case: CJI discloses his son appears for SP group firm, lawyers say no objection The hearing remained inconclusive and would continue on Tuesday. Earlier, the Tatas had opposed as nonsense the Shapoorji Pallonji Group s proposal that its 18.37 per cent stake in the Tata Sons, which it claims to be worth Rs 1.75 lakh crore, be swapped with the shares in the Tata group s listed companies. By: PTI | New Delhi | Updated: December 14, 2020 11:05:41 pm Cyrus Mistry’s Shapoorji Pallonji (SP) Group has offered to exit from Tata Sons in the wake of protracted litigation with the Tatas 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. ....
Tata-Mistry Case: CJI SA Bobde Discloses His Son Appears for Shapoorji Firm, Lawyers Say No Objection news18.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news18.com Daily Mail and Mail on Sunday newspapers.