Tata-Mistry dispute: SC upholds Cyrus Mistry's ouster from Tata Sons

A bench, headed by Chief Justice of India (CJI) SA Bodbe, gave its verdict on the basis of cross-appeals filed by Tata Sons Pvt Limited and Cyrus Investments Pvt Ltd on the 2019 National Company Law Appellate Tribunal (NCLAT) order reinstating Mistry. 

The Supreme Court on Friday upheld the ouster of Cyrus Mistry as executive chairman of Tata Sons in connection with the dispute between Tata Sons Pvt Limited and Cyrus Investments Pvt Ltd. A three-judge bench, headed by Chief Justice of India (CJI) SA Bodbe, gave its verdict on the basis of cross-appeals filed by the two entities on the 2019 National Company Law Appellate Tribunal (NCLAT) order reinstating Mistry as executive chairman of Tata Sons. The top court's judgement is a big win for Tata Sons, which had earlier filed the appeal against the NCLAT order.