@RNTata2000 @TataCompanies
TATA Sons v Cyrus Mistry
Supreme Court bench led by Chief Justice of India assembles to hear the appeals filed by Tata Sons Pvt Ltd against the NCLAT direction to reinstate Cyrus Mistry as Company Chairman.
![](https://pbs.twimg.com/media/EosiO0pXEAAZILS.jpg)
#TatasCyrusMistryDispute
CJI : Was it a public limited company?
Salve : Never. It has always been a private company.
#TataSons
#CyrusMistry
#TataSons
#CyrusMistry
#TataSons
#CyrusMistry
Salve : Yes. It is an unusual Article. At interim stage, we undertook not to invoke it against #CyrusMistry.
#TataSons
#SupremeCourt
#TataSons
#CyrusMistry
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#SupremeCourt @tatatrusts
@TataCompanies
#TataSons
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Salve : They do. If they have reasons to do so.
#TataSons
#CyrusMistry
#TataSons
#CyrusMistry
CJI : This happens in corporate world also?
Salve : In fact, this was invented by the corporate world and spread to other fields.
#TataSons
#CyrusMistry
@TataCompanies @RNTata2000
#TataSons
#CyrusMistry
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The NCLAT order now means that the minority in the rule removing the majority.
#TataSons
#CyrusMistry
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Salve : Yes.
#TataSons
#CyrusMistry
#TataSons
#CyrusMistry
The bench rises. Arguments will resume at 2.15 PM.
#TataSons
#CyrusMistry
Salve agrees.
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry
CJI : So you are saying if there is a strategy which did not work, it will not be mismanagement?
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
1. There is prejudice, oppression etc, AND
2. The facts would justify the making of a winding up order.
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
CJI : This is like that of a successful Senior Advocate. The successful lose more cases.
#TataSons #CyrusMistry #SupremeCourt
#TataSons #CyrusMistry #SupremeCourt
Salve (laughing) : That is what we tell our clients. Mr Ramaswamy used to say, when a case is lost in first instance, client will be told that he has won a right to appeal.
The Tribunal has no power to rewrite the Articles of Association.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
CJI : Precisely. We do not see any power for the Tribunal to select Chairman.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
Salve : Virtually, yes.
#TataSons #SupremeCourt #CyrusMistry
CJI : It is like appointing a Commissioner.
Salve : Yes
#TataSons #SupremeCourt #CyrusMistry
Salve : Generally, yes. Tribunal cannot say so and so will be the Director.
#TataSons #SupremeCourt #CyrusMistry
Parliament has now decided that this condition should be there in the 2013 Act.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
.#TataSons #SupremeCourt #CyrusMistry
Salve : Every one gets affected the same. I am losing 68 Rupees for every 100 rs lost by the company.
CJI : So everybody has lost money including the majority.
#TataSons #SupremeCourt
Salve : That is our submission.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
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#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
Salve : There is one more element- that of lack of probity.
#TataSons #SupremeCourt #CyrusMistry
CJI : The judge needs to see if the situation is not remediable due to lack of probity.
Salve : That is right.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
Salve : We (Tata Sons) are miles away from that.
CJI : Because you have done so well.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
Salve : I will take at least one hour more.
#TataSons #SupremeCourt #CyrusMistry
#TataSons #SupremeCourt #CyrusMistry
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The coming Trumpist events on Jan 17 and Jan 20 will probably be much smaller in scale, especially in DC. The MAGA crew can't buy another flight and take more days off work so soon after Jan 6.
Some of the Trumpist forums are actively suspicious of these events, claiming they're FBI or Antifa traps. A lot of people at TDW felt that the *design* of this flyer was too lefty to be real!
Unfortunately, that doesn't mean everything will be OK. The statehouse events on Jan 17 have the potential to turn violent, where a few hundred people could be enough to overwhelm local authorities.
MAGA anger at a lot of the GOP is high, as well as against Dems. Even red states could see problems, so I hope authorities are prepared.
The stuff I've heard in the last 72 hours\u2014from members of Congress, law enforcement friends, gun shop owners, MAGA devotees\u2014is absolutely chilling.
— Tim Alberta (@TimAlberta) January 10, 2021
We need to brace for a wave of violence in this country. Not just over the next couple of weeks, but over the next couple of years.
The coming Trumpist events on Jan 17 and Jan 20 will probably be much smaller in scale, especially in DC. The MAGA crew can't buy another flight and take more days off work so soon after Jan 6.
Some of the Trumpist forums are actively suspicious of these events, claiming they're FBI or Antifa traps. A lot of people at TDW felt that the *design* of this flyer was too lefty to be real!
![](https://pbs.twimg.com/media/ErZVx0cXcAEi7oc.jpg)
Unfortunately, that doesn't mean everything will be OK. The statehouse events on Jan 17 have the potential to turn violent, where a few hundred people could be enough to overwhelm local authorities.
MAGA anger at a lot of the GOP is high, as well as against Dems. Even red states could see problems, so I hope authorities are prepared.
so @tedwheeler did you hear? today we are discussing "public whippings" thanks to @JamesBuchal
its a great chance to study the history of public beatings.
understandably, women feel threatened. https://t.co/jck05JGM4B
#PDX #tourism
FIRST OREGON WIFE-BEATER TO RECEIVE WHIPPING POST PUNISHMENT
https://t.co/3SJOODbuLf
PORTLAND. Or., June 7—The whipping post law passed at the last session of the Legislature was Into execution for the first time today, the victim being Charles Mcdlnty, convicted of wlfe-beatlng
whip was a braided blacksnake, made of rawhide, with four lashes. ..hustled to jail, stripped to the
waist, manacled, and his hands tied to the door high above his head. The whipping was as severe as the powerful deputy was capable of administering. Blood drawn on the 4th blow.
its a great chance to study the history of public beatings.
understandably, women feel threatened. https://t.co/jck05JGM4B
#PDX #tourism
@MultCoDA https://t.co/GgR1rCGIdG @OregonStateBar @BrentWeisberg @USAO_OR
— braingarbage (@braingarbage) November 28, 2020
Even if this is a "joke" or a drunk tweet, it appears that he is inciting gender-based violence on a woman via Twitter@twittersupport pic.twitter.com/TcaBiQ2wvU
FIRST OREGON WIFE-BEATER TO RECEIVE WHIPPING POST PUNISHMENT
https://t.co/3SJOODbuLf
PORTLAND. Or., June 7—The whipping post law passed at the last session of the Legislature was Into execution for the first time today, the victim being Charles Mcdlnty, convicted of wlfe-beatlng
whip was a braided blacksnake, made of rawhide, with four lashes. ..hustled to jail, stripped to the
waist, manacled, and his hands tied to the door high above his head. The whipping was as severe as the powerful deputy was capable of administering. Blood drawn on the 4th blow.