SC’s Tata ruling has patent errors: SP’s review plea

MUMBAI: 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 judgment incorrectly interpreted provisions in the Companies Act, eroding governance standards and rendering a large swathe of minority shareholders remediless.

Additionally, SP scion and former Tata Sons chairman Cyrus Mistry filed an application seeking removal of certain adverse remarks like “setting his own house on fire” from the judgment. The law permits “patent errors” in a ruling to be rectified in a review petition.