RoC may soon classify Tata Sons as ‘public company'

Registrar of Companies studying judgment; officials not keen to defy NCLAT directive and risk contempt; Mistry’s legal team said to be in touch with RoC. The NCLAT, in its 172-page order reinstating Cyrus Mistry as executive chairman of Tata Sons, had termed the conversion of Tata Sons into a private company ‘illegal’.

from Markets-Economic Times https://ift.tt/36U3eMu