Hearing in Tata-Mistry case from December 2
Supreme Court on Wednesday said it will conduct from December 2 a “final hearing” on Tata Sons’ petition challenging the Shapoorji Pallonji Group’s decision to pledge its shares to a Canadian firm.
Tata Sons has contested the Mistry camp’s move to pledge its holding on the ground that the articles of association of the holding company confer a right of first refusal to the Tata group.
The court also listed for final hearing the cross appeals filed by Tata Sons and Cyrus Investments against appellate tribunal NCLAT’s order which had restored Cyrus Mistry as the executive chairman of Tata Sons.