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Tata Sons has roped in former Solicitor General and Senior Advocate Harish Salve to represent the group at the National Company Law Appellate Tribunal (NCLAT) in the ongoing lawsuit filed by ousted chairman Cyrus Mistry.
He joins Abhishek Manu Singhvi, who has represented Tata Sons at both the National Company Law Tribunal (NCLT) in Mumbai and the NCLAT in Delhi. Salve also made his first appearance for Tata Sons on Wednesday before the NCLAT in Delhi, sources who were briefed on the matter said.
Salve, who was the Solicitor General of India between November 1, 1999 and November 3, 2002, primarily practices at the Supreme Court.
He has earlier represented many Tata Group companies and Ratan Tata (now Chairman Emeritus of Tata Sons).
Salve had earlier appeared for Reliance Industries, Vodafone in its $2.5 billion tax dispute case, actor Salman Khan, Gujarat Riots victim Bilkis Bano and Kulbhushan Jadhav (who was sentenced to death by a Pakistani military court on charges of spying) among others.
Mistry and his two family-run investment companies — Cyrus Investments and Sterling Investments Corp – are being represented by Senior Advocates CA Sundaram, KG Raghavan and Arun Kathpalia at NCLAT.
Deadline extended
On Wednesday, NCLAT extended the deadline for hearing Mistry’s petition by another four weeks, following an appeal by Tatas seeking more time to file replies. It has given Mistry two weeks to file rejoinders.
On August 24, the NCLAT had asked Tatas to file their reply within 10 days.
The appellate tribunal will now hear the petition on October 31, instead of September 24, set earlier.
Mistry, who was the sixth Chairman of the Tata Group between 2012 and 2016, was ousted following a boardroom coup on October 24, 2016.
The Mistry family is the single largest shareholder in Tata Sons – the holding company of the Tata Group — with an 18.4 per cent stake.
Later on December 20, 2016, Mistry - through two family-run firms moved the NCLT against Tata Sons and others for oppression and mismanagement.
On August 3, Mistry had moved the NCLAT against an NCLT order that dismissed his plea.
On July 9, the NCLT dismissed Mistry’s petition that accused the Tata group of mismanagement and oppression of minority shareholders’ rights, ruling in favour of the Tatas.
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