Cyrus Mistry Reinstated As Tata Group Executive Chairman By NCLAT

Cyrus Mistry Reinstated As Tata Group Executive Chairman By NCLAT

On 18th December, 2019, in a major development in the Tata Sons-Cyrus Mistry case, the National Company Law Appellate Tribunal (NCLAT) ordered the restoration of Cyrus Mistry as Executive Chairman of Tata Group and has ruled N Chandrasekaran’s appointment as Executive Chairman as illegal. The Tribunal added that the order of restoration of Mistry would…

Cyrus Mistry Wins Legal Waiver To Challenge Tata Sons

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…