Litigation News
Tata v. Mistry: Supreme Court asks Shapoorji Pallonji Group to maintain status quo on pledging of shares in Tata Group
Mistry's SP Group has also been directed to maintain status quo and not take any action as regards the shares already pledged.
The Supreme Court today restrained Cyrus Mistry's Shapoorji Pallonji Group (SP Group) from pledging any of its shares in Tata Sons for raising funds.
The company has also been directed to maintain status quo and not take any action as regards the shares already pledged.