#TataMistry: Maintainability concluded, order reserved [Read entire summary]

NCLT, Maintainability

Day 3 of the ‘final hearings’ finally put an end to the (prolonged) arguments on maintainability. The order on maintainability will be pronounced on March 6, and further arguments will continue on March 7.

The oppression and mismanagement suit filed by Mistry's investment entities against Tata Sons under Sections 241 & 244 of the Companies Act, 2013 (New Act), provides for a 10% threshold to . . .

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