Cyrus Mistry restored as executive chairman of Tata Group

Tata Sons has four weeks to appeal the order, given by NCLAT.

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By Reuters

Published: Wed 18 Dec 2019, 1:40 PM

Last updated: Wed 18 Dec 2019, 3:50 PM

The National Company Law Appellate Tribunal (NCLAT) on Wednesday ordered restoring Tata Sons' former executive chairman Cyrus Mistry to the position he had held until 2016, a lawyer involved in the case said.
Tata Sons has four weeks to appeal the order, given by the quasi-judicial NCLAT, according to the lawyer, who wished to remain anonymous as he was not authorised to speak to media.
Tata sons did not immediately respond to a request for a comment.
Mistry launched legal proceedings against Tata Sons after his ouster from the company, one of India's oldest and largest conglomerates.

Reuters

Published: Wed 18 Dec 2019, 1:40 PM

Last updated: Wed 18 Dec 2019, 3:50 PM

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