NCLAT declines stay on Tata Sons' conversion to pvt co; says Cyrus Mistry can't be forced to sell stake

In September last year, Tata Sons had received shareholders' nod to convert itself into a private limited company from being a public limited company, limiting in effect Cyrus Mistry family's ability to sell their stake to outsiders.

NCLAT declines stay on Tata Sons' conversion to
On August 14, NCLAT had reserved order over the interim relief sought by Cyrus Mistry camp, Image source:Reuters

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