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Tata Steel informs about company updates

17 Dec 2016 Evaluate

Tata Steel has informed that this has reference to their disclosure dated December 15, 2016 informing the exchange of the Company being served with a copy of the plaint in Suit No (L) 1119 of 2016 filed by Janak Mathuradas & Ors against Union of India & Ors (Tata Steel being Defendant No 6) along with copy of the Notice of Motion for ad-interim relief sought therein and with a copy of the affidavit in support of the notice of motion. The Notice of Motion was on board for ad-interim reliefs before His Lordship, the Hon’ble Justice S.J. Kathawalla on December 16, 2016. The Hon’ble Court ordered that the resolution passed at the ensuing EGM with regard to the removal of Nusli Wadia as a Director of the Company, shall be subject to the orders passed by the Court at the interim stage. Also, until further orders, one seat among the Directors permissible under the Articles of Association of the Company will remain unfilled.

The above information is a part of company’s filings submitted to BSE.

Tata Steel Share Price

212.05 1.35 (0.64%)
17-Apr-2026 16:59 View Price Chart
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