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Tata Sons challenges Mistry’s reinstatement in Supreme Court

Tata Sons Ltd approached the Supreme Court to appeal against the tribunal order that held former chairman Cyrus Mistry’s ouster as illegal, terming the court’s direction to reinstate him untenable in law and inconsistent with the Companies Act. In a petition, Tata Sons said the National Company Law Appellate Tribunal (NCLAT) ruling “has created confusion […]

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Tribunal restores Cyrus Mistry as chairman of Tata Sons

National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as executive chairman of Tata Sons. Cyrus Mistry, who comes from a family that owns a minority stake in Tata Sons, was tangled in a legal battle with the conglomerate after he was removed as chairman in October 2016. The tribunal has also held […]