{"id":306439,"date":"2019-12-20T10:58:00","date_gmt":"2019-12-20T05:28:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=306439"},"modified":"2019-12-20T11:18:57","modified_gmt":"2019-12-20T05:48:57","slug":"if-mistry-returns-tata-sons-may-be-forced-to-review-stake-in-struggling-airasia-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/if-mistry-returns-tata-sons-may-be-forced-to-review-stake-in-struggling-airasia-india\/","title":{"rendered":"If Mistry returns, Tata Sons may be forced to review stake in \u2018struggling\u2019 AirAsia India"},"content":{"rendered":"<p>The fate of the \u2018struggling\u2019 AirAsia India hangs in the balance with one of its strongest critics, Cyrus Mistry, back at Tata Sons, one of the joint venture partners of the airline. <\/p>\n<p>One of the key issues raised by Mistry in his petition against his ouster as Tata Sons\u2019 chairman in October 2016 was what he claimed were \u201ccorporate governance\u2019\u2019 lapses while floating the airline venture. In case the Supreme Court upholds the National Company Law Appellate Tribunal\u2019s ruling that reinstated him as chairman of Tata Sons, there is a strong possibility that Mistry may want the board to either stop funding AirAsia India further \u2014 which could eventually result in the company having a reduced stake in the airline,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fate of the \u2018struggling\u2019 AirAsia India hangs in the balance with one of its strongest critics, Cyrus Mistry, back at Tata Sons, one of the joint venture partners of the airline. One of the key issues raised by Mistry in his petition against his ouster as Tata Sons\u2019 chairman in October 2016 was what he claimed were \u201ccorporate governance\u2019\u2019 lapses while floating the airline venture. In case the Supreme Court upholds the National Company Law Appellate Tribunal\u2019s ruling that reinstated him as chairman of Tata Sons, there is a strong possibility that Mistry may want the board to either [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-306439","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=306439"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306439\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=306439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=306439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=306439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}