NCLAT restores Cyrus Mistry as Tata Sons Chairman


Business, Companies

The NCLAT however stayed the operation of the order with respect to reinstatement for four weeks to allow Tatas to appeal.

Cyrus Mistry, a scion of wealthy Shapoorji Pallonji family, was in a coup removed as Chairman of Tata Sons in October 2016. (Photo: File)

New Delhi: In a big win for Cyrus Mistry, the National Company Law Appelate Tribunal on Wednesday ordered restoration of him as the Executive Chairman of Tata Sons.

NCLAT also held appointment of N Chandra as Executive Chairman illegal.