CJI: What does chairman emeritus mean?

Divan: This is an honor bestowed on someone who has done phenomenal service. Tata sons agree to the service and honor of Mistry.

CJI: it's not mentioned in the Act. This is why we asked

Adv Sundaram: reading the definition from the oxford dictionary.

"Forner holder of an office, specially a university professor having retired but allowed to retain their title as honor. "