The National Company Law Appellate Tribunal has ruled in favour of Cyrus Mistry on petition challenging his removal as Chairman of Tata Sons. The tribunal restored Mistry as the Executive Chairman of Tata Group, holding the appointment of N Chandrasekaran as executive chairman illegal
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The National Company Law Appellate Tribunal has ruled in favour of Cyrus Mistry on petition challenging his removal as Chairman of Tata Sons. The tribunal restored Mistry as the Executive Chairman of Tata Group, holding the appointment of N Chandrasekaran as executive chairman illegal
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Tata Group patriarch Ratan Tata on Friday filed a petition in the Supreme Court seeking to quash a company law appellate court order directing the group's holding company Tata Sons to rehire the chairman it had fired in 2016, saying the judgment was 'wrong, erroneous and contrary to the record of the case'.
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NCLT rejects Cyrus Mistry's petition against Tata Sons
राष्ट्रीय कंपनी विधि न्यायाधिकरण (एनसीएलटी) ने टाटा संस के चेयरमैन पद से हटाए जाने के खिलाफ दाखिल साइरस मिस्त्री की याचिका को आज खारिज कर दिया. उल्लेखनीय है कि मिस्त्री ने खुद को टाटा संस के चेयरमैन पद से हटाने के फैसले को एनसीएलटी में चुनौती देते हुए
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MUMBAI: Cyrus Mistry, ousted chairman of Tata Sons, has stated that despite the NCLAT order being in his favour, he will not be pursuing the post of the executive chairmanship of Tata Sons, TCS, Tata Teleservices or Tata Industries.'I will, however, vigorously pursue all options to protect our rights as a minority shareholder, including that of resuming the thirty year history of a seat at the Board of Tata Sons and the incorporation of the highest standards of corporate governance and transparency at Tata Sons,' he said in a media statement on Sunday
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As per wellsprings of Motor Octane, the Tata Kite 5 car could be dedicated as the Tata Viago or Tata Altigo when it goes at a bargain one year from now, which rhyme with the auto it depends on – the Tata Tiago. 'Go' is prevalent in Indian car marking, effectively belittled by Datsun and Ford.So far, it has been alluded by its codename ' Kite 5, which got to be authentic at its disclose at the Auto Expo 2016 last February. It has been spotted trying on many events, notwithstanding being captured underway spec pretense undisguised. In the event that the Kite 5 is valued along the lines of the Tiago, it could be the slightest costly car in India, which is relied upon to raise consideration among purchasers of the Maruti Dzire and Honda Amaze.
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