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| Exchange Disseminated Time 18/12/2016 08:52:19 | Tata Chemicals Ltd has informed BSE that :
"Further to our letter 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 Mr. Janak Mathuradas & Ors against Union of India & Ors (Tata Chemicals Limited being Defendant No. 4) along with copy of the Notice of Motion No. 3504 of 2016 for ad-interim relief sought therein and with a copy of affidavit in support thereof.
The Notice of Motion came up for hearing on December 16, 2016 for ad-interim reliefs before the Hon’ble Bombay High Court. The Hon’ble Court passed an order that the resolution passed at the ensuing EGM with regard to the removal of Mr, Nusli N. Wadia as a Director of the Company shall be subject to the orders passed by the Court at the interim stage and also, until further orders, one seat among the Directors permissible under the Articles of Association of the Company will remain unfilled." |
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