#TataMistry: Day 1, all about ‘maintainability’

NCLT, Mumbai Bench

Yesterday’s arguments at the National Company Law Tribunal (NCLT) were all about maintainability, and they will (hopefully) conclude today.

If the petition is held maintainable, the case will move on to merits and if not, the case will move on to waiver.

The suit filed by Cyrus Mistry’s investment entities against Tata Sons for oppression and mismanagement bounced back to the NCLT after having visited the National Company Law Appellate Tribunal (NCLAT) in the first . . .

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