Supreme Court Stays NCLAT Order Reinstating Cyrus Mistry as Tata Sons Chairman

Supreme Court on Friday stayed the NCLAT order restoring Cyrus Mistry as executive chairman of Tata group, according to the news reports from Supreme Court. The apex court was hearing Tata Sons’ plea challenging the NCLAT order on the reinstatement of Cyrus Mistry.

A bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant heard Tata Sons’ plea challenging the appellate tribunal’s decision and issued notices to Mistry and others. The NCLAT seems to have committed errors in adjudicating and the appellate tribunal seems to lack powers to pass the directions that it has, the Chief Justice S A Bobde said.

On December 18, 2019, the NCLAT restored Cyrus Mistry and ruled the appointment of N Chandrasekaran as the head of the holding company of the salt-to-software conglomerate was illegal.