NCLAT restores Cyrus Mistry as Tata Sons Chairman
New Delhi, December 18
In a big win for Cyrus Mistry, the National Company Law Appellate Tribunal on Wednesday ordered restoration of him as the Executive Chairman of Tata Sons.
NCLAT also held appointment of N Chandra as Executive Chairman illegal.
However, the tribunal said the restoration order will be operational only after four weeks, the time allowed to Tatas to file an appeal. PTI
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