After a volley of accusations had been traded on both sides, it seemed as if most of the Tata seniors were washing their hands of the matter
The view of the RoC is totally opposite of the view taken by the NCLT, Mumbai earlier this year while dismissing the petition filed by Mistry challenging his dismissal from the group
Mistry, who was sacked as Chairman of Tata Sons in 2016 is fighting against the company alleging oppression of minority shareholder
However, the court said it will decide on the conversion of Tata sons to a private company after final arguments
Mistry had challenged the orders of NCLT which had dismissed his plea challenging his removal as chairman of the company
The NCLT's Mumbai Bench had said it did not find merit in allegations of mismanagement in Tata group companies
This was one among the various points elaborated upon in the 368-page order on the Tata-Mistry verdict on Thursday
The National Company Law Tribunal's Mumbai bench on Monday ruled in favour of Tata Sons, dismissing Mistry and his investment firms' petition
Advocate Abhishek Manu Singhvi, the Tata Sons' counsel at the NCLT, says there was a deliberate attempt, in the course of the legal proceedings, to sully the Tata name
Mistry had challenged his sacking and raised allegations of rampant misconduct on part of Ratan Tata and the company's Board
NCLT in Monday's ruling said it was not accepting Mistry's contentions that his removal was due to the result of mismanagement by the board and oppression of minority shareholders
The Cyrus Mistry-Tata Sons legal feud has seen a war of words unprecedented in the Tata Group's 150-year-old history and in the history of corporate India
Mistry, who was the sixth chairman of the group, was removed from the position in October 2016
Abhishek Manu Singhvi argued that it was Shapoorji Group and not Siva who benefited from the sale of shares to Docomo
R Venkataramanan had sought Rs 500 cr as damages for allegedly making false statements
Before the spat, even some Tata group reporters were not very familiar with the holding and governance structures and the relative significance of each of the group entities
NCLAT notes Rs 6 lakh cr Tata Sons valuation vs Rs 291 cr investment in preferential shares
Mistry alleges oppression of minority shareholders and mismanagement of the company
Rising trade receivables, surge in doubtful debt add to losses
2 firms had sought to challenge Mistry's ouster from Tata Sons