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Page 19 - Tata Sons

And now, Ratan Tata moves SC against NCLAT order restoring Cyrus Mistry

The Chairman Emeritus said Mistry was not hired as representative of Shapoorji Pallonji group

And now, Ratan Tata moves SC against NCLAT order restoring Cyrus Mistry
Updated On : 04 Jan 2020 | 12:02 PM IST

NCLAT won't change its judgment in Tata Sons case; will clarify RoC's role

RoC counsel told the Tribunal that they were merely following orders of the NCLT

NCLAT won't change its judgment in Tata Sons case; will clarify RoC's role
Updated On : 03 Jan 2020 | 10:01 PM IST

Twist in corporate drama: Tata's financial shape worse than in FY15, FY19

The analysis is based on the annual audited consolidated finances of all listed Tata Group firms for the respective financial years

Twist in corporate drama: Tata's financial shape worse than in FY15, FY19
Updated On : 03 Jan 2020 | 7:28 PM IST

Tata Sons case: NCLAT ready to expunge remarks against RoC; seeks details

NCLAT adjourned the hearing till tomorrow and has sought clarification from RoC on what constitutes a private company

Tata Sons case: NCLAT ready to expunge remarks against RoC; seeks details
Updated On : 03 Jan 2020 | 2:53 AM IST

Cyrus Mistry actions hurt Tata group interests, Tata Sons tells SC

In restoring Cyrus Mistry, NCLAT failed to consider the implications of the order, Tata Sons said in their appeal

Cyrus Mistry actions hurt Tata group interests, Tata Sons tells SC
Updated On : 03 Jan 2020 | 1:36 AM IST

Cyrus Mistry case: Tata Trusts nominees did not exceed their brief, SC told

The Tata Trusts holds 66 per cent stake in Tata Sons - the holding company of Tata Group companies - and Ratan Tata is the chairman of the Trusts

Cyrus Mistry case: Tata Trusts nominees did not exceed their brief, SC told
Updated On : 02 Jan 2020 | 11:05 PM IST

Cyrus Mistry unlikely to take up a board position, may appoint nominees

Mistry and his team are reviewing the legal situation

Cyrus Mistry unlikely to take up a board position, may appoint nominees
Updated On : 02 Jan 2020 | 9:40 PM IST

Tata Sons move SC, challenges NCLAT order restoring Mistry as chairman

Tata Sons on Thursday moved the Supreme Court challenging the December 18 decision of the NCLAT restoring Cyrus Mistry as the executive chairman of the group. The Tata Group sought stay of the verdict by which the National Company Law Appellate Tribunal (NCLAT) ruled as "illegal" the appointment of N Chandrasekaran as head of the holding company of over USD 110 billion salt-to-software conglomerate. "We have challenged the NCLAT decision in its entirety," a lawyer associated with the matter said. The petition has sought a direction from the apex court to set aside or quash the findings of the tribunal which held that the group's chairman emeritus Ratan Tata's actions against Mistry were oppressive. The NCLAT had stayed the operation of the judgement with respect to reinstatement of Mistry for four weeks to allow the Tatas to appeal. The NCLAT had also quashed the conversion of Tata Sons into a private company from a public firm. It also directed Tata Sons not to take any action

Tata Sons move SC, challenges NCLAT order restoring Mistry as chairman
Updated On : 02 Jan 2020 | 9:40 PM IST

Tata vs Mistry: NCLAT restores Cyrus Mistry as chairman of Tata Sons

While restoring Mistry to the position, the National Company Law Appellate Tribunal held that the appointment of N Chandrasekaran as executive chairman was illegal

Tata vs Mistry: NCLAT restores Cyrus Mistry as chairman of Tata Sons
Updated On : 02 Jan 2020 | 9:38 PM IST

NCLAT ruling on Mistry: Order raises questions on corporate governance

Ratan Tata will have to take a backseat, considering the strictures passed by the NCLAT

NCLAT ruling on Mistry: Order raises questions on corporate governance
Updated On : 02 Jan 2020 | 9:37 PM IST

Tatas plan to move SC vacation bench for early stay against NCLAT order

The government too is getting active on the latest development in Corporate India

Tatas plan to move SC vacation bench for early stay against NCLAT order
Updated On : 02 Jan 2020 | 9:37 PM IST

Best of BS Opinion: Building good society, telecom crisis and more

Our analysis and opinion on what to learn from the Cyrus Mistry vs Ratan Tata fight and how to build a better society with nine things.

Best of BS Opinion: Building good society, telecom crisis and more
Updated On : 02 Jan 2020 | 9:26 PM IST

How Cyrus Mistry won the battle to reclaim chairmanship of Tata Sons

Cyrus Mistry was the sixth and youngest chairman of Tata Sons and took over after Ratan Tata retired in December 2012

How Cyrus Mistry won the battle to reclaim chairmanship of Tata Sons
Updated On : 02 Jan 2020 | 9:22 PM IST

Tata Sons moves SC against NCLAT order reinstating Cyrus Mistry

Tata Sons, the holding company, had four weeks to file an appeal with the Supreme Court.

Tata Sons moves SC against NCLAT order reinstating Cyrus Mistry
Updated On : 02 Jan 2020 | 1:09 PM IST

Tatas to control AirAsia India: Story behind

People in the know said the Tatas sought the amendment after being nudged by the aviation ministry, which is yet to give its nod for the airline's foreign operations

Tatas to control AirAsia India: Story behind
Updated On : 25 Dec 2019 | 2:05 PM IST

Top 10 biz headlines: Economic revival, Tatas control AirAsia, and more

From GoAir cancelling flights to Bharti Infra-Indus merger, here are the top 10 business headlines for the day

Top 10 biz headlines: Economic revival, Tatas control AirAsia, and more
Updated On : 25 Dec 2019 | 7:13 AM IST

Tatas to get full control of AirAsia India after licensing deal amendment

Tata Sons holds 51 per cent stake in AirAsia India, while AirAsia Berhad holds the remaining 49 per cent

Tatas to get full control of AirAsia India after licensing deal amendment
Updated On : 25 Dec 2019 | 2:27 AM IST

Top headlines: Jharkhand results, MCA moves NCLAT on Tata order, and more

The RoC on Monday moved the NCLAT requesting to amend its order and remove the word "illegal" with respect to the conversion of Tata Sons from a public company to private company

Top headlines: Jharkhand results, MCA moves NCLAT on Tata order, and more
Updated On : 23 Dec 2019 | 4:14 PM IST

Corp Affairs Min moves NCLAT, seeks modification in its order on Tata Sons

Passing an order on December 18, NCLAT had directed for the reinstatement of ousted Cyrus Mistry as Chairman of Tata Sons.

Corp Affairs Min moves NCLAT, seeks modification in its order on Tata Sons
Updated On : 23 Dec 2019 | 1:25 PM IST

Tata 'legacy hotspots' continue to pull down group's financial performance

These firms' finances are far from sustainable and they suffer from poor profitability and high debt

Tata 'legacy hotspots' continue to pull down group's financial performance
Updated On : 23 Dec 2019 | 2:46 AM IST