The Bombay High Court will hear in December a plea filed by Abhinav Bharat Congress, led by researcher and activist Prof. Pankaj Phadnis, seeking to recover over USD 9,186 million allegedly meant for public causes. The petition alleges that industrialist Nusli Wadia has been “orchestrating a ...... conspiracy since 1972” in connection with the estate of Edulji Framroze Dinshaw (EFD) and its shareholding in Tata Sons.

Urgent Hearing Cited

The special bench of Justices Bharati Dangre and Sarang Kotwal took the matter on board last week, after Phadnis sought an urgent hearing citing “recent developments in the media” concerning the Shapoorji Pallonji (SP) Group’s demand for the public listing of Tata Sons.

Cy Pres Fund Concerns

The application contends that such developments threaten what

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