Tata Sons withheld facts on turning private: Mistry firms tell SC
In its affidavit to the Supreme Court (SC), the Mistry firms said several important facts about Tata Sons operating as a public company were withheld by the Tata Sons board to the SC, and therefore, the entire board of Tata Sons must be censured.
“According to law, any litigant who approaches court is bound to produce all documents executed by him and relevant to the litigation. If he withholds a vital document in order to gain advantage, he will be guilty of playing fraud on the court as well as on the opposite party. On account of the sheer falsity of these assertions, this court should not only declare the conversion into a private company to be illegal,