Tata-Mistry tussle: Relief for Cyrus Mistry as NCLAT admits his petition against Tata Sons

By: | Updated: August 29, 2018 12:59 PM

The National Company Law Appellate Tribunal (NCLAT) today admitted a petition moved by outsted Tata Sons Chairman Cyrus P Mistry against a Mumbai-bench of the company law tribunal order upholding his removal.

Tata-Mistry tussle: Relief for Cyrus Mistry as NCLAT admits his petition against Tata SonsTata-Mistry tussle: Relief for Cyrus Mistry as NCLAT admits his petition against Tata Sons

The National Company Law Appellate Tribunal (NCLAT) today admitted a petition moved by outsted 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.

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