Tata vs Mistry: SC guidelines in favour of Tata Group, units apart NCLAT judgment
In a serious victory for the Tata group, the Supreme Court docket (SC) on Friday dominated in favour of the Tatas of their battle with the Mistry group by setting apart the Nationwide Firm Legislation Appellate Tribunal (NCLAT) order which had re-instated Mistry on Tata Sons’ board and had termed present Chairman N Chandrasekaran’s appointment as ”unlawful”. The nation’s apex courtroom additionally rejected Mistry group’s plea in opposition to the conversion of Tata Sons into a non-public firm. Learn extra
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First Printed: Fri, March 26 2021. 17:49 IST
https://www.business-standard.com/article/firms/top-headlines-sc-rules-in-favor-of-tatas-in-battle-with-mistry-oil-rises-121032601048_1.html
