NCLAT relied heavily on press release: Tata Group lawyers

A release issued by Tata Sons on November 10, 2016 would have been its own undoing, as Tata Group’s lawyers believe that the National Company Law Appellate Tribunal “relied heavily” on it while pronouncing the judgement in favour of Cyrus Mistry.

The release was issued in response to Mistry’s email after his ouster on October 24, 2016, lawyers representing Tata camp told BusinessLine.

The lawyers, who are readying to appeal against the order before the Supreme Court, were of opinion that the appellate tribunal considered the press release as evidence of ‘sudden and hasty removal of Cyrus Mistry’.