Bench headed by Chief Justice of India SA Bobde assembles.
Hearing commences.
@tatatrusts @TataCompanies
TATA v MISTRY
Hearing to resume today in Supreme Court. Senior Advocate CA Sundaram to continue arguments on behalf of Shapoorji Pallonji firms.
Follow this thread for live updates from court.
@tatatrusts @TataCompanies
#SupremeCourt #tatamistry
Bench headed by Chief Justice of India SA Bobde assembles.
Hearing commences.
@tatatrusts @TataCompanies
CJI SA Bobde announces that over the weekend he discovered his son who is practicing in Mumbai has been appearing for the last 2 years in a slum rehabilitation matter for a subsidiary company of Shapoorji Pallonji group.
@tatatrusts
CJI asks whether Harish Salve, Dr Singhvi or CA Sundaram has any objections to CJI hearing the matter.
None of them object. The same is recorded by the Court.
Hearing continues.
#SupremeCourt
CJI says such issues could cause potential problems in future.
Sundaram continues with his arguments.
@tatatrusts @TataCompanies
Sundaram citing Articles of Tata Sons to show the supremacy of the Board.
Article 121A was introduced to ensure that certain matters had to necessarily have Board approval.
#SupremeCourt #TataSons
SP group also voted in favour of A 121 due to the relationship of trust they had with Tata Sons.
SP group could not have conceived that the article would be used against them: Sundaram.
#tatasons #SupremeCourt
Discussion on interest that Ratan Tata had in Ola/ Uber
Sundaram says he had a personal interest in Ola
CJI Bobde: Does it mean he had business interest
Dr. Singhvi says he wanted to have Tata cars used in Ola and Uber and not just Ola as suggested by Mistry
CJI Bobde: Mr. Sundaram, you must bear in mind that this is a private company. Our experience with such companies is that they have heads of families controlling, giving directions etc. Birlas, Tata all have such structures.
Your SP Group might also have it.
CJI Bobde: What is wrong in head of family wanting information or wanting to control decisions.
@tatatrusts
@TataCompanies
Sundaram: This company owns many listed companies running to 65 lakh crores with public shareholders. So there should be some kind of independence in decision making.
If they wanted to keep a family affair, they should have remained so instead of making it public
A public charitable trust cannot legally run such companies. That is why it needs it be "board run": CA Sundaram.
@tatatrusts @TataCompanies
#SupremeCourt
They cannot use the Articles to claim that they have absolute right over affairs of the company: CA Sundaram
Bench rises. Hearing to continue tomorrow.
@tatatrusts
#TataSons #SupremeCourt
#TataSons @tatatrusts @TataCompanies @RNTata2000
#cyrusmistry
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March
The debate over law and order comes to the forefront yet again. Law and order - both can be maintained with equal zeal. One needs to take precedence over the other. Will that be Order over Law or Law over Order?
In other words, what do governments prefer - looking away the other side when law is broken with impunity in the fear that acting against the offender will lead to large scale rioting on the roads?
Or will the government gear up to uphold the sanctity of law and punish every single one trying to break it? There are many examples. Take the Tablighi Wuhan Wave. Or Bangalore Riots. Or the destruction of Temples in Andhra.
Now, if the perpetrators are punished, there is going to be large scale rioting. Pointing out Tablighi Wuhan Wave destroyed many a person in the Gulf when Pakistanis and their minions profiled every Indian and got them arrested for insulting Islam.
No one talks about the post to which the MLA's nephew responded to. Singhu Resort is another. What's stopping the government from clearing the protest site? Is it the same confusion between law and order?
We have watched and waited too long for the government to punish. It never happens and even in some cases it does it lakes too long,and many more crimes are done in the meantime. Quick justice like this is the best way out.
— Ratna murlidharan (@Ratnamurlidhar2) January 2, 2021
In other words, what do governments prefer - looking away the other side when law is broken with impunity in the fear that acting against the offender will lead to large scale rioting on the roads?
Or will the government gear up to uphold the sanctity of law and punish every single one trying to break it? There are many examples. Take the Tablighi Wuhan Wave. Or Bangalore Riots. Or the destruction of Temples in Andhra.
Now, if the perpetrators are punished, there is going to be large scale rioting. Pointing out Tablighi Wuhan Wave destroyed many a person in the Gulf when Pakistanis and their minions profiled every Indian and got them arrested for insulting Islam.
No one talks about the post to which the MLA's nephew responded to. Singhu Resort is another. What's stopping the government from clearing the protest site? Is it the same confusion between law and order?
