TFL, which has been embroiled in controversy after a pandoras box of the the companys functioning was opened last year, had filed a First Information Report (FIR) against Mr Pendse, consequent to which, the case was put forward to the Mumbai Police Economic Offences Wing (EOW) and the Mumbai High Court.
The criminal case filed by TFL had its first hearing by the Metropolitan Magistrate BA Shelar on August 3, 2002. During the hearing, the court ordered the presence of Tata officials at the next hearing on September 19.
Prior to August 3, investigations into allegations of criminal breach of trust, forgery, falsification of accounts and cheating were being conducted by EOW on Mr Pendse and the other accused. Of the evidence submitted by TFL against Mr Pendse was the now-withdrawn controversial AF Ferguson report, authored by ex-AF Ferguson senior partner YM Kale.
Sources close to the case said that TFL was seeking legal opinion from PR Vakil, even though the firm did not comment.
Sources added that the case against Mr Pendse and others has been allocated a C-classification by EOW, which means that the current criminal case will be shifted to some civil court.