Cyrus Mistry Wins Legal Waiver To Challenge Tata Sons
On 21st September, 2017, ousted Tata Sons Chairman, Cyrus Mistry, was granted by the National Company Law Appellate Tribunal (NCLAT) to waive the condition that requires a minimum 10 per cent shareholding in order to file a petition before the NCLAT. It also directed the National Company Law Tribunal (NCLT) to hear the petition and pass…