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
Anish Shah to take over as MD and CEO of M&M subsequent month, firm says
Oil costs recuperate some floor on fears Suez blockage could final weeks
Expensive Reader,
Enterprise Customary has at all times strived arduous to offer up-to-date info and commentary on developments which might be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on easy methods to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these troublesome instances arising out of Covid-19, we proceed to stay dedicated to conserving you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nevertheless, have a request.
As we battle the financial impression of the pandemic, we’d like your help much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We consider in free, truthful and credible journalism. Your help via extra subscriptions may help us practise the journalism to which we’re dedicated.
Assist high quality journalism and subscribe to Enterprise Customary.
Digital Editor
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