The Supreme Court will pronounce the judgment in Tata Son's appeal against the NCLAT order dated 18th December 2019 which reinstated Cyrus Mistry as the Executive Chairman of Tata Sons Pvt. Ltd. The judgment will be pronounced by a three judge bench comprising of Chief Justice of India SA Bobde, Justice AS Bopanna and Justice V Ramasubramanian. The bench had reserved the judgment in the case...
The Supreme Court will pronounce the judgment in Tata Son's appeal against the NCLAT order dated 18th December 2019 which reinstated Cyrus Mistry as the Executive Chairman of Tata Sons Pvt. Ltd.
The judgment will be pronounced by a three judge bench comprising of Chief Justice of India SA Bobde, Justice AS Bopanna and Justice V Ramasubramanian. The bench had reserved the judgment in the case on 17th December 2020.
The Supreme Court had stayed the NCLAT order reinstating Mistry as the Executive Chairman on January 10, 2020.
On December 18, 2019, The National Company Law Appellate Tribunal restored Cyrus Mistry as the Executive Chairman of Tata Group. Allowing Mistry's appeal, the Appellate Tribunal had set aside the judgment of Mumbai bench of National Company Law Tribunal (NCLT) that had upheld the appointment of N Chandrasekharan as Chairman in his place.
Reports of the hearings may be read here:
Tata Sons v Cyrus Mistry : NCLAT Has No Power To Appoint Chairman, Submits Salve