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FAMILY TRUST MISMANAGEMENT
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
Relief for Bina Modi in assault case filed by sonThe Delhi High Court has halted legal proceedings against Bina Modi, chairperson of Godfrey Phillips India, and others. This action follows...
Battle of ethics: Why Ratan Tata led the ouster of his handpicked Tata Sons successor, Cyrus MistryRatan Tata's appointment as the successor to JRD Tata at Tata Sons in 1991 received strong backing from Pallonji Mistry. Their relationship...
Failure of some projects is not oppression of minority shareholder, Tata Sons tells SCArguing against the National Company Law Appellate Tribunal's decision to reinstate ousted executive chairman Cyrus Mistry, Tata Sons lawye...
Travancore ruling family will be in charge of administration of Padmanabha Swamy temple: SCThe sprawling temple, an architectural splendour in granite, was rebuilt in its present form in the 18th century by the Travancore Royal Ho...
NCLT rejects maintainability plea filed by Kirloskar BrosMaintainability petition decides whether a case can be tried in a court of law.
Ratan Tata welcomes NCLT verdictThe Mistry family owns over 18.34 per cent in Tata Sons, since the past six decades or so, making them the largest non-promoter shareholder...
Tata Sons welcomes NCLT order dismissing Cyrus Mistry's pleaTata Sons hopes that a finality will be given to the judgement of NCLT, Mumbai by all concerned in the larger interest of companies, the sh...
'Prejudice to Mistry Group reason enough for NCLT intervention'Under the new law, prejudice caused, or likely to be caused to any member of a company's minority shareholders is enough ground for the NCL...
Tata Sons should consider buying out Shapoorji Pallonji Group's stake: Tata TrustsTata Trusts is the largest shareholder of Tata Sons with 66 per cent shareholding.
Cyrus Mistry himself sought guidance from Ratan Tata: Tata Sons' counsel"Issues which were proper and normal in the business course before October 2016 suddenly became weapons of interference and oppression," Si...
Tatas created shadow board: Mistry counselMistry’s counsel Janak Dwarkadas said the Tata Trusts created a “shadow board, stage-managed by Ratan Tata and two others” to shake princip...
Bank of Baroda is said to be probed in South Africa over GuptasThe Guptas had their accounts closed by South Africa’s four biggest banks last year because the lenders were concerned they would fall foul...
Cyrus Mistry wins waiver at Appellate Tribunal to legally challenge Tata SonsThe family firms of Mistry- Cyrus Investments and Sterling Investments – are trying to press allegations of mismanagement and oppression of...
Cyrus Mistry says 'not intimidated' by Venkat's criminal defamation caseVenkataramanan, popularly known as Venkat, filed a criminal defamation suit against Mistry for allegedly making false statements and has so...
Tata trustee Venkat sues Cyrus Mistry for Rs 500 croreIn his complaint filed with the additional chief metropolitan magistrate, Venkat said that Mistry's mail to Tata directors and Tata Trusts ...
Cyrus Mistry cites mismanagement at Tata Group, NCLT adjourns hearing for 10 daysTata Trusts are the biggest shareholders of Tata Sons with 66% equity stake. The remaining stakes are owned by Tata group companies and som...
Big blow to Cyrus Mistry: NCLT rules former chairman's petition against Tata Sons not maintainableAccording to law, they argued, shareholder needs at least 10% to file a petition in the NCLT, The quasi-judicial body will decide on whethe...
National Company Law Tribunal dismisses Cyrus Mistry's contempt petition against Tata SonsThe quasi-judicial body said Tata Sons can file a reply to Mistry's affidavit within three days of his filing, and Mistry can file a rejoin...
- Shishir's plea for division of empire not maintainable: Rahul Bajaj
Bajaj family patriarch Rahul Bajaj, who is fighting against the division of the group with younger brother Shishir, today contended before ...