Tag Archives: Harish Hail

Tata Rejects Mistrys Stock Swap Separation Offer As ‘Nonsense’

The Tata Group rejected a truce offer from billionaire conglomerate Pallonji Mistry that suggested trading the Mistry family’s stake for $ 24 billion worth of shares in Tata’s listed companies. “It doesn’t make sense. This kind of relief cannot be given,” Tata’s lawyer Harish Salve said during a hearing before …

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Arguments before the Delhi High Court

– Arbitration ship has sailed in the present case and the suit could now not be maintained – The parties are bound by the instructions of the Emergency Court. – All arguments raised before the Court were heard and decided by the Emergency Arbitrator in detail after considering Indian law. …

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