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Friday, January 10, 2020

Tata vs Mistry: Supreme Court stays NCLAT order reinstating Cyrus Mistry

Tata vs Mistry: Supreme Court stays NCLAT order reinstating Cyrus Mistry
While pronouncing its order on December 18, the NCLAT had said while all aspects of its ruling will become operational immediately, the part relating to reinstatement of Mistry as chairman of Tata Sons will take effect after four weeks so that the Tata Group gets a chance to challenge it in the SC.

Source: TFE