Company law tribunal restores Cyrus Mistry as Tata Sons Chairman
NCLAT also held the appointment of N Chandra as Executive Chairman illegal
New Delhi: In a big win for Cyrus Mistry, the National Company Law Appellate Tribunal on Wednesday ordered the restoration of him as the Executive Chairman of Tata Sons.
NCLAT also held the appointment of N Chandra as Executive Chairman illegal. However, the tribunal said the restoration order will be operational only after four weeks, the time allowed to Tatas to file an appeal.
Sign up for all the latest news, top galleries and trending videos from Mid-day.comSubscribe