N Soonawala
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NCLAT expunges 'disparaging' remarks against Cyrus Mistry in NCLT order; restores him as Tata Sons chairman
•Ordering reinstatement of Cyrus Mistry as Chairman of Tata Sons, the NCLAT on Wednesday expunged 'disparaging' remarks made against him by the Mumbai bench of NCLT which had dismissed his plea challenging his removal as chief of the Tata group
Tata Sons says analysing NCLAT order restoring Mistry as chairman of Group; Cyrus terms verdict 'moral victory'
Fp Staff •Cyrus Mistry called the judgment “a victory for the principles of good governance and minority shareholder rights”.
Cyrus Mistry was removed as chairman of Tata Sons without any prior intimation, says investment firms to NCLAT
•Cyrus Mistry, who was the sixth chairman of Tata Sons, was ousted from the position in October 2016. He had taken over as the chairman in 2012 after Ratan Tata announced his retirement.
NCLAT asks Cyrus Mistry camp to submit specific changes it wants in Tata Sons Articles of Association
•Cyrus Mistry in his pleas primarily argued that his removal was not in accordance with the Companies Act and that there was rampant mismanagement of affairs across Tata Sons.
NCLAT declines to turn Tata Sons into a private company, says Cyrus Mistry can't be forced to sell stake
•NCLAT on Friday asked Tata Sons not to force Cyrus Mistry to sell his shares in the company till his appeal is pending, refuses to make Tata Sons a private comapny
Tata Sons 'competent' to remove Cyrus Mistry; majority shareholders had 'lost confidence in him': NCLT
•The Tata Group had denied all charges and said Mistry was removed because the Board had lost confidence in him.