Session's court stays defamation complaint against Cyrus Mistry

The Session’s court today stayed the criminal defamation complaint filed by R Venkatraman, Managing Trustee of the Tata Trusts against Cyrus Mistry. The court while admitting the revision petition that had alleged irregularities in the recording of evidence by Venkat, has called for all the records and proceedings from the lower court and has stayed the lower court from proceeding further in the matter.

Aabad Ponda, Counsel for Mr. Mistry had argued that Mr. R Venkatraman had deliberately suppressed the fact that the National Company Appellate Law Tribunal had by way of its order dated 4th May 2017, admitted the appeal filed by the minority shareholders of Tata Sons in their petition alleging oppression and mismanagement at Tata Sons, and that the matter was hence sub-judice.

Mr. Venkatraman had earlier sought Rs 500 Crore in damages in his complaint.

The next date of hearing is slated on 11th September.