The ongoing dispute between Tata Sons and the Shapoorji Pallonji Group is affording the Supreme Court of India a very rich opportunity to opine on some of the fundamental questions related to corporate governance. In October, when Tata Sons, the unlisted holding company of the Tata Group, sought to prevent the Shapoorji Pallonji Group from pledging their shares, questions were raised about the rights of a shareholder in a company. Th…



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