38.6c New Delhi, India, Friday, March 29, 2024
Business

TATA-Mistry Case Timeline: SC Stays NCLAT Order Reinstating Cyrus Mistry As Executive Chairman Of Tata Sons

By LawStreet News Network      10 January, 2020 05:01 PM      0 Comments

After 4 years of ongoing legal tussle, the Tata-Mistry battle concluded in the Supreme Court today (January 10, 2020). The timeline of the events that transpired since the beginning of Mistry's reign in Tata Sons since 2012 is as follows:

December 2012: After Ratan Tata’s retirement, Cyrus Mistry was given the reins of the Tata group. In 2012, controversies started escalating after Cyrus took command.

October 2016: Shapoorji Pallonji Group head Cyrus Mistry engaged in a boardroom battle against Tata Sons over his unceremonious termination from the company’s board.

August 2018: Mistry moved to NCLAT to reverse his sacking after his appeals were turned down by the National Company Law Tribunal (NCLT). The appellate tribunal had admitted his appeal in August 2018. 

December 18, 2019: The NCLAT ordered restoration of Mistry as the Executive Chairman of the Tata Group. This judgement rendered N Chandrasekaran’s appointment as executive chairman of the company illegal. However, the appellate tribunal had granted Tata group four weeks to file an appeal before the Supreme Court against its judgement.

January 3, 2020: Ratan Tata also filed a petition in the Apex Court seeking to quash the tribunal’s order directing the group’s holding company Tata Sons to rehire the chairman it had fired in 2016. 

January 6, 2020: NCLAT refused to modify its judgment passed in the Tata-Mistry matter and dismissed the petition filed by the Registrar of Companies.

January 10, 2020: The Supreme Court stayed the National Company Law Appellate Tribunal (NCLAT) judgment which had paved the way for reinstating Cyrus Mistry as Executive Chairman of the company.



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

arvind-kejriwals-plea-for-interim-release-rejected-by-delhi-high-court
Trending Judiciary
Arvind Kejriwal's plea for interim release rejected by Delhi High Court [Read Order]

Delhi High Court rejects Arvind Kejriwal's plea for interim release in money laundering case related to liquor policy scam, pending ED's response.

28 March, 2024 10:50 AM
youtuber-strings-plea-against-youtube-accounts-suspension-andhra-pradesh-hc-issues-notice-to-centre-google
Trending Top Stories
BREAKING: Youtuber String’s plea against Youtube accounts suspension: Andhra Pradesh HC issues notice to Centre, Google

Andhra Pradesh High Court issues notice to the Centre and Google LLC on Youtube journalist String’s plea against suspension of its accounts by Google (which owns Youtube).

28 March, 2024 11:26 AM

TOP STORIES

delhi-liquor-scam-court-remands-arvind-kejriwal-to-ed-custody-till-march-28-read-remand-application
Trending Judiciary
Delhi liquor scam: Court remands Arvind Kejriwal to ED custody till March 28 [Read Order]

Delhi liquor scam: Arvind Kejriwal remanded to ED custody till March 28. Court grants agency permission for interrogation in liquor policy case.

23 March, 2024 11:53 AM
sc-dismisses-centres-plea-for-review-of-judgment-directing-ed-to-furnish-written-grounds-of-arrest-to-pmla-accused
Trending Judiciary
SC dismisses Centre’s plea for review of judgment directing ED to furnish written grounds of arrest to PMLA accused [Read Order]

Supreme Court dismisses Centre's plea, upholds judgment mandating Enforcement Directorate to provide written grounds of arrest in PMLA cases.

23 March, 2024 03:14 PM
kerala-hc-to-hear-lesbian-couples-plea-against-forced-conversion-therapy-on-april-9
Trending Judiciary
Kerala HC to hear lesbian couple’s plea against forced conversion therapy on April 9

Kerala HC will hear a lesbian couple’s plea highlighting that one of them was subjected to forced conversion therapy.

23 March, 2024 03:30 PM
how-can-people-be-compelled-to-vote-madras-hc-asks
Trending Judiciary
“How can people be compelled to vote? Madras HC asks

“How can people be compelled to vote?”, the Madras HC queried in a plea asking employers in Tamil Nadu to demand proof from employees of having voted on polling day.

23 March, 2024 05:04 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email