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.
Tata v. Mistry: Supreme Court asks Shapoorji Pallonji Group to maintain status quo on pledging of shares in Tata Group
Cyrus Mistry and Supreme Court

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.

Subscribe now to get unlimited access

We're glad you're enjoying Bar and Bench - Indian Legal news . Login and subscribe to continue reading this story.

Already a user? Login

Related Stories

Bar and Bench - Indian Legal news
www.barandbench.com