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Showing contexts for: tata power in Harminder Singh vs Tata Power Delhi Dist. Ltd. & Anr. on 12 December, 2023Matching Fragments
50. Bearing in mind the aforesaid discussions, this Court deems it appropriate to revisit the structure of the respondent no.1. In the year 2003, Reliance Infrastructure Limited acquired a part of the respondent no.1, thereby acquiring 58% stake, making it the majority stakeholder. As on date, Reliance Infrastructure Limited holds 51% of the respondent no.1 and the remaining 49% is held by the Government of India, therefore the same has been termed as a joint venture. Similarly, Tata Power Delhi Distribution Limited [Tata Power-DDL] is a joint venture between Tata Power and the Government of NCT of Delhi with the majority stake being held by Tata Power Company i.e., 51%.
"This is in reference to the Hon'ble High Court's order dated 03.11.2022 passed in W.P. (C) No. 943/2013 titled as "Rajender Kumar Sharma Vs Tata Power DDL &Anr.", whereby the Hon'ble Court disposed of the said writ petition in terms of the judgment dated 31.08.2017 in W.P. (C) 6203/2017 as modified by the judgment dated 20.11.2018 passed by the Hon'ble Division Bench in LPA No. 735/2017.