NCLAT admits Cyrus Mistry’s plea against order upholding his removal from Tata Sons
Mistry had yesterday filed the petition in his personal capacity, requesting the appellate tribunal to set aside the impugned July 9 order of the National Company Law Tribunal.
business Updated: Aug 29, 2018 13:31 IST
New Delhi
File photo of Cyrus Mistry speaking to shareholders during the Tata Consultancy Services (TCS) annual general meeting in Mumbai June 28, 2013. (REUTERS File Photo )
The National Company Law Appellate Tribunal (NCLAT) on Wednesday admitted a petition moved by ousted Tata Sons chairman Cyrus P Mistry against a Mumbai-bench of the company law tribunal order upholding his removal.
Admitting the petition, NCLAT issued notices and said the petition would be heard together with petitions filed by his family’s investment firms challenging the removal as well as conversion of Tata Sons into a private company from a public limited firm.
Mistry had yesterday filed the petition in his personal capacity, requesting the appellate tribunal to set aside the impugned July 9 order of the National Company Law Tribunal.
First Published: Aug 29, 2018 13:31 IST