NCLT declares Supertech insolvent; what’s the future of 25,000 homebuyers
The NCLT has appointed Hitesh Goel as the insolvency resolution professional, who is expected to kickstart the corporate insolvency resolution process soon
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March 2022
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Will legal hurdles delay Jet Airways take-off?
The revival of Jet Airways hinges on a series of legal hurdles, but also negotiations between the government and the consortium on multiple issues.
Tata-Mistry: Next legal battle on ‘fair’ valuation
The Supreme Court verdict upholding the Tatas’ claims has undoubtedly diluted Cyrus Mistry’s bargaining power, but he is unlikely to relent on the valuation issue.
SC stays NCLAT order on Mistry’s chairmanship
While Mistry has stated he doesn’t want to return as chairman, it is to be seen if the apex court allows him to come back as Tata Sons director
Cyrus Mistry bids ‘Tata’ to chairmanship
Investors will be pleased with Cyrus Mistry’s decision as it means much-needed stability in leadership at the group at a crucial time.
Tata says Mistry damaged the group’s reputation
The group’s patriarch has now joined the fight between Tata Sons and Cyrus Mistry, and filed a petition in the Supreme Court seeking a stay on the NCLAT order to reinstate Mistry.
Tatas move SC, seek stay on Mistry judgment
The Tata group has filed a petition in the apex court seeking a stay on the order to reinstate Tata Sons ex-chairman Cyrus Mistry; claims the relief provided to Mistry is untenable in law.
Stand vindicated after NCLAT order: Cyrus Mistry
All stakeholders should collectively work for the benefit of the Tata group, said Mistry after the verdict was in his favour, which found merit in his claim of oppression and prejudicial behaviour.
NCLAT reinstates Mistry as Tata Sons chairman
The appellate tribunal held Mistry’s removal as illegal, but the matter is far from over as Tata Sons is expected to challenge the verdict in the Supreme Court.
R-Com reaches settlement with minority investors
A settlement with shareholders such as HSBC Daisy Investments improves R-Com’s chances of proceeding with its deal with Reliance Jio, but the Ericsson matter needs to be resolved too.
