1. Sebi Steps Up Scrutiny as Tata-Mistry Feud Escalates

    moneycontrol.com BoardNews
    Sebi Steps Up Scrutiny as Tata-Mistry Feud Escalates

    Markets regulator Sebi has stepped up scrutiny on developments in the escalating Tata- Mistry feud, keeping a close vigil on all disclosures being made as also the finer details of the board meetings of listed firms of the Tata group ...

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    1. I don't want to comment on any particular company or group. But the independent directors have the fiduciary duty to perform and that they have their loyalty and obligation to all their shareholders.
    2. So, they must take care of interest of all shareholders, besides they have to follow Sebi guidelines (Sebi Act as well as Companies Act).

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