war against Tata Group
Cyrus Mistry wins war against Tata Group, NCLAT restores his position as executive chairman Cyrus Mistry, a member of the Shapoorji Pallonji family that owns a minority stake in Tata Sons, was tangled in a legal battle with the conglomerate after he was removed as chairman in October 2016. December 18, 2019 UPDATED: December 18, 2019 Cyrus Mistry. National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as executive chairman of Tata Sons. It also held the appointment of N Chandrasekaran as Mistry's successor illegal. Cyrus Mistry, a scion of wealthy Shapoorji Pallonji family, was in a coup removed as Chairman of Tata Sons in October 2016. He was the sixth chairman of Tata Sons and had taken over in 2012 after Ratan Tata. He was later also removed as a director on board of Tata Sons. A fierce legal showdown followed between Tata Sons and Mistry thereafter. At the time, Mistry had accused Tata Sons of mismana...