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Home » business » Supreme Court sets aside NCLAT order reinstating Cyrus Mistry as Tata Sons Chairman

Supreme Court sets aside NCLAT order reinstating Cyrus Mistry as Tata Sons Chairman

The apex court allowed the appeal filed by Tata Sons against the said NCLAT order. Meanwhile, the appeals by the SP Group and Cyrus Investments were dismissed.

By Newsd
Published on :
Source: Indian Express

The Supreme Court on Friday, 26 March, set aside the December 2019 ruling of the National Company Law Appellate Tribunal (NCLAT) that had directed the reinstatement of Cyrus Mistry as Tata Sons chairperson and set aside the appointment of N Chandra as executive chairperson.

The apex court allowed the appeal filed by Tata Sons against the said NCLAT order. Meanwhile, the appeals by the SP Group and Cyrus Investments were dismissed.

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