INSUBCONTINENT EXCLUSIVE:
ANI |
Updated: Jan 03, 2020 11:56 IST
New Delhi [India], Jan 3 (ANI): The National Company Law Appellate Tribunal (NCLAT) on Friday reserved till January 6 the order
on a petition filed by Registrar of Companies (RoC) seeking modification in its order in Tata-Mistry matter.RoC, which falls under the ambit
of the Ministry of Corporate Affairs (MCA), approached NCLAT on December 23 seeking changes to its order in the case.In the application, RoC
sought to be included as a party in the ongoing matter
It also sought amendments to certain parts of the judgement "to correctly reflect the conduct of the Registrar of Companies, Mumbai, as not
being illegal and being as per the provisions of the Companies Act, 1956/2013".Meanwhile, the Tata Sons Limited yesterday approached the
Supreme Court against the order of the NCLAT which reinstated Cyrus Mistry as executive chairman of the company.On December 18, the NCLAT
had restored Cyrus Mistry as the Executive Chairman of the Tata Group and held that the appointment of N Chandrasekaran was illegal.The
tribunal, however, clarified the restoration order will be operational only after four weeks, thus allotting time to Tatas to file an appeal
