Ratan Tata, the former chairman of the salt-to-software conglomerate, has petitioned the Supreme Court seeking to set aside an order by an appellate court that held him guilty of prejudicial and oppressive acts.

"The National Company Law Appellate Tribunal (NCLAT) has held me guilty without any factual or legal Foundation," the Tata patriarch said in his plea.

"Findings of the NCLAT are wrong, erroneous, contrary to the record of the case and requires consideration by SC. NCLAT judgement blatantly indulges in propagating a selective narrative where relevant facts and record have been glossed over."

The billionaire businessman was referring to the NCLAT judgement in December that reinstated Cyrus Mistry, the scion of the wealthy Shapoorji Pallonji family that owns a minority stake in Tata Sons, as executive chairman of the Tata Group.

Tata Sons, the holding company of the salt-to-software conglomerate, on January 2 challenged Mistry's reinstatement in the SC, arguing that the NCLAT lacks the jurisdiction to grant relief to Mistry.

First Published:Jan 3, 2020 11:36 AM IST