Tata Vs Mistry: Shapoorji Pallonji Group challenges SC verdict, files review petition

The Shapoorji Pallonji Group has filed a review petition against the Supreme Court order upholding the ouster of Cyrus Mistry as executive chairman of Tata Sons.

The Shapoorji Pallonji (SP) Group has filed a review petition in Supreme Court challenging the March 26 verdict in connection with the dispute between Tata Sons and Cyrus Mistry. The top court has ruled in favour of Tata Sons, upholding the ouster of Cyrus Mistry as the executive chairman of the company. While the fresh development is yet to be confirmed by either party, the SP Group was reportedly unhappy with the top court’s verdict favouring the Tatas. The review petition adds another twist to the prolonged legal tussle between Cyrus Mistry and Tata Sons. The Supreme Court had on March 26 set aside the NCLAT order from December 2019 that asked Tata Sons to reinstate Cyrus Mistry as the executive chairman of the company.