As the SC upheld Tata Sons’ decision to remove Cyrus Mistry as the chairman of Tata Sons, shares of Tata Group companies started gaining
27 Mar 2021 4:49 AM
The apex court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict.
24 Jan 2020 12:07 PM
The NCLAT order passed on December 18, 2019 was to come into force in four weeks from then.
11 Jan 2020 6:01 AM
TSPL challenged the December 18 decision of NCLAT that gave a big relief to Cyrus Investment Pvt Ltd and Mistry.
10 Jan 2020 12:25 PM
Mistry was sacked in 2016 from the top job at the helm of the holding company after he fell out with group patriarch Ratan Tata.
06 Jan 2020 10:54 AM
NCLAT had asked clarification specifics of paid-up capital requirement for the same.
03 Jan 2020 11:34 AM
Most other Tata Group stocks closed in the green with humble gains, including Tata Power, Titan Company, Tata Coffee, Tata Metaliks and Voltas.
20 Dec 2019 1:34 AM
The NCLT has over time acquired standing in passing orders on the maltreatment of minority shareholders as well as protection of directors.
20 Dec 2019 12:01 AM
The scrip of Tata Global Beverages fell 0.89 per cent, Indian Hotels Company slipped 0.62 per cent.
19 Dec 2019 10:45 AM
The shares of Tata Group companies fell after the order came, reducing their gains, and several of them closed in the red.
19 Dec 2019 3:37 AM
The NCLAT however stayed the operation of the order with respect to reinstatement for four weeks to allow Tatas to appeal.
18 Dec 2019 3:31 PM
This follows reports about some trustees not being happy with high compensation of Rs 2.66 crore paid to Venkataramanan.
04 Mar 2019 11:22 AM
Tatas in the aftermath of the boardroom coup on October 24, 2016 dismissing Mistry as the group chairman.
01 Nov 2018 10:11 AM
The new firm is jointly promoted by Cyrus and his elder brother Shapoor.
25 Oct 2018 10:27 AM
NCLAT has listed the matter on September 24 for next hearing.
24 Aug 2018 11:56 AM
Mistry, who was the sixth chairman of Tata Sons, was ousted from the position in October 2016.
07 Aug 2018 5:36 PM
On July NCLT Mumbai had dismissed pleas of Cyrus Mistry challenging Mistry's removal as Tata Sons.
03 Aug 2018 3:19 PM
Mistry's office described the ruling as "disappointing although not surprising".
09 Jul 2018 2:29 PM
Under the Companies Act 2013, an order of NCLT can be challenged before the National Company Law Appellate Tribunal.
09 Jul 2018 12:54 PM
On October 24, 2016, Board of Tata Sons had abruptly removed Cyrus Mistry as its chairman and sought his ouster from other group companies.
09 Jul 2018 11:23 AM