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.