December 22, 2016
Statement from Tata Sons
Mumbai: The National Company Law Tribunal today did not grant any interim reliefs in the Company Petition. The Parties have been directed to file replies and rejoinders in a fixed time table in January, 2017. The Court also ordered the Petitioner not to seek for any further interim reliefs in the subject matter.
Tata Sons believes that the Petition is not maintainable in law and the Court will hear Tata Sons on this issue at the outset at the next hearing.
Tata Sons does not wish to state any further since the matter is sub-judice.