Cyrus mistry

'Time to separate': Shapoorji Pallonji Group ends ties with Tata

The SP Group and Tatas have been engaged in a bitter legal battle ever since Cyrus Mistry was sacked as Chairman of Tata Sons in October 2016.

published on : 22nd September 2020

SC restrains Shapoorji group, Cyrus Mistry from pledging or transferring Tata Sons shares

A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian also directed the Tata Sons and the SP Group not to take any further action on the shares.

published on : 22nd September 2020

Blocking of fund-raise plan: Mistry family sends notice to Tata Sons, board members; seeks damages

The legal notice, sent on September 15 through the SP Group lawyers Desai & Diwanji on behalf of Sterling Investment Corporation and Cyrus Investments, has given them three days to respond.

published on : 18th September 2020

Cyrus Mistry family flags 'underperformance' at Tata Sons AGM

Representatives of Mistry family, which holds 18.5 per cent stake in Tata Sons, also questioned recent investment decisions taken at Tata Sons, which according to them have gone into funding losses.

published on : 28th August 2020

Adjusted net loss at Rs 13,000 crore in 2019: Cyrus Mistry questions Tata Group's performance

The group's former chairman also said that Tata Sons had a 282 per cent increase in operating losses in 2019 at Rs 2,100 crore, up from around Rs 550 crore in 2016.

published on : 12th June 2020

SC agrees to hear Mistry’s plea for representation on Tata Sons’ Board

The Shapoorji Pallonji Group is the single largest shareholder with over 18.37 per cent equity in Tata Sons and the relationship between the two groups is a century old.

published on : 30th May 2020

Cyrus Mistry files appeal in SC; says his family deserved more relief from NCLAT

The 45-page petition, filed before the Supreme Court on February 14, said the tribunal, after reviewing voluminous records, has clearly found the prejudicial conduct by Tata Sons.

published on : 17th February 2020

AirAsia India says 'incongruous' to allege control is in violation of norms

The domestic carrier said that allegations regarding indirect foreign control in violation for norms were fully investigated by the Director General of Civil Aviation.

published on : 31st May 2018

AirAsia case: Tata Trusts' Venkataramanan says allegations baseless, blames Cyrus Mistry

The CBI has registered a case against AirAsia Group CEO Tony Fernandes, Venkataramanan and other officials for allegedly trying to manipulate government policies to get international licence.

published on : 30th May 2018

Return all 'confidential information', Tata Sons tells Mistry

We have credible information that you have wrongfully and dishonestly taken movable property being confidential information, the letter  from Tata Sons said.

published on : 29th December 2016

Tata Sons slaps notice on Cyrus Mistry for breach of confidentiality

Move comes a week after Mistry took Tata Sons to court, seeking to restrain Ratan Tata from attending board meetings.

published on : 28th December 2016

Cyrus Mistry's legal appeal seeks ouster of Tata Sons board

Mistry has filed his claims under two sections of the Companies Act 2013 that deal with shareholder oppression and mismanagement.

published on : 21st December 2016

Mistry's resignation must be read as a new beginning: IiAS 

Tata Group must also find an appropriate strategy to calm the discord --going to the courts will be detrimental for both sides, the advisory firm added.

published on : 20th December 2016

Cyrus Mistry resigns from all Tata Boards, will approach court

The ousted chairman of Tata Sons stated that he didnot want to disrupt operation; indicates that he will take matter to court

published on : 20th December 2016

Former Tata Sons chairman Cyrus Mistry resigns from group companies

His decision comes just ahead of slew of EGMs called by Tata Sons to oust him from Tata group boards.

published on : 19th December 2016
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