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 Chandrashekhar's consequent appointment unlawful.