Pallonji Mistry, 93-Year-Old Head Of Shapoorji Pallonji Group Passes Away
The head of the Shapoorji Pallonji Group, Pallonji Mistry, passed away in the middle of the night of June 27 and June 28 at his south Mumbai home at the age of 93. Mistry was the largest individual stakeholder in the Tata Group, acquiring 18.4%. Union Minister Smriti Irani expressed her condolences by tweeting, "One of life’s greatest… read-more
Tags: Shapoorji Pallonji Group, Pallonji Mistry, Mumbai, Union Minister, smriti irani
Courtesy: India Today
Tata-Mistry Legal Battle: SC Rules In Former's Favour
The nearly half-a-decade corporate tussle between Tata Sons (TS) and the Shapoorji Pallonji group Mistrys culminated on March 26, with the Supreme Court ruling in the former's favour. The SC annulled the 2019 National Company Law Appellate Tribunal (NCLAT) judgment and upheld the Tata Board's decision of ejecting Cyrus Mistry as chairman in 2016. Earlier in 2020, TS had petitioned the SC after NCLAT had ruled Mistry's removal and N… read-more
Tags: Tata Sons, Shapoorji Pallonji Group, Cyrus Mistry, Supreme Court, NCLAT, chairman, N Chandrashekhar
Courtesy: Business Standard