Industry

SC to hear on January 10 Tata Sons’ plea challenging NCLAT decision restoring Mistry as chairman

File photo of Cyrus Mistry with Ratan Tata.

File photo of Cyrus Mistry with Ratan Tata.   | Photo Credit: PTI

The apex court website showed the plea is to be listed before a three-judge Bench comprising Chief Justice S.A. Bobde and Justices B.R. Gavai and Surya Kant

The Supreme Court will hear on January 10 the petition by Tata Sons Private Ltd. (TSPL) challenging the NCLAT decision restoring Cyrus Mistry as executive chairman of the Tata group.

Also read | Significant reversal: On NCLAT decision on Mistry

The apex court website on Tuesday showed the plea is to be listed before a three-judge Bench comprising Chief Justice S.A. Bobde and Justices B.R. Gavai and Surya Kant.

TSPL has challenged the December 18 decision of the National Company Law Appellate Tribunal (NCLAT) that gave a big relief to Cyrus Investment Pvt. Ltd. and Mr. Mistry, restoring him as the executive chairman of TSPL, and ruling that the appointment of N. Chandrasekaran as the head of the holding company of the $110 billion salt-to-software conglomerate was illegal.

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Printable version | Feb 23, 2020 8:18:56 AM | https://www.thehindu.com/business/Industry/sc-to-hear-on-friday-tata-sons-plea-challenging-nclat-decision-restoring-mistry-as-chairman/article30503647.ece

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