RBI Files Caveat After Rejecting Tata Sons Bid to Avoid Listing, Source Says

Maharashtra: Tata Sons Listing--RBI Files Caveat In Bombay HC

According to reports, the RBI is understood to have notified Tata Sons about the same: Reports

RBI files caveat after rejecting Tata Sons bid to avoid listing, source says

The move follows the RBI’s rejection of Tata Sons’ application to deregister ‌as a non-banking financial company, a decision that pushes the holding company closer ‌to a stock market listing

RBI files caveat in Bombay HC on Tata Sons listing issue

The pre-emptive move is designed to ensure that the RBI gets an opportunity to present its arguments before any court grants interim relief to Tata Sons

Tata Sons listing: RBI files caveat in Bombay High Court over mandatory listing

The caveat seems to be a pre-emptive move by central bank to ensure that the court considers its explanation and position.