Mumbai: The board of directors of Tata Sons Ltd on Friday denied allegations by the Shapoorji Pallonji Group (SP) that it deliberately kept an ‘urgent request’ to the Supreme Court on hold. On September 15, the SP Group sent a notice for damages to the Tata Sons board members, for …
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Mumbai: The Shapoorji Pallonji Group (SP), which is struggling to pay its debt, sent a notice for damages to the members of the Tata Sons board, for blocking the Mistry family’s fundraising against the actions of Tata Sons, said a senior company official. In the legal notice, a copy of …
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Mumbai: Tata Sons Ltd filed an “urgent” request with the Supreme Court on 5 September to prevent the promoters of the Shapoorji Pallonji Group from raising capital with the guarantee of their stake in Tata Sons. Interestingly, this request was moved by the Tata group one day after the SP …
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