{"id":223380,"date":"2019-12-18T15:56:17","date_gmt":"2019-12-18T10:26:17","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=223380"},"modified":"2019-12-18T16:05:51","modified_gmt":"2019-12-18T10:35:51","slug":"breaking-removal-of-cyrus-mistry-as-executive-chairman-of-tata-sons-held-illegal-by-nclat","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/12\/18\/breaking-removal-of-cyrus-mistry-as-executive-chairman-of-tata-sons-held-illegal-by-nclat\/","title":{"rendered":"[Breaking] Removal of Cyrus Mistry as Chairman of Tata Sons held illegal by NCLAT"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>As reported by media<\/em>, NCLAT has restored Cyrus Mistry as the Executive Chairman of Tata Sons and held the appointment of N Chandrasekaran as illegal.<\/p>\n<p style=\"text-align: justify;\">Resolution by Tata Sons board removing Mistry was illegal. The appellate tribunal also set aside the change of Tata Sons from public to private company.<\/p>\n<p style=\"text-align: justify;\">Mistry had approached the appellate tribunal against the decision of NCLT, Mumbai, which had dismissed the challenge to his removal as executive chairman of Tata Sons.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #ff0000;\"><em>[DETAILED ORDER FOR THE SAME WILL BE UPDATED SOON]<\/em><\/span><\/p>\n<h4 style=\"text-align: justify;\"><span style=\"color: #008000;\"><strong>To get an overview of the above story please follow the below links:<\/strong><\/span><\/h4>\n<p><a href=\"https:\/\/blog.scconline.com\/post\/2018\/08\/29\/no-restriction-on-conversion-of-tata-sons-to-private-limited-company-was-a-hybrid-company-all-along-nclat\/\">No restriction on conversion of Tata Sons to private limited company; was a hybrid company all along: NCLAT<\/a><\/p>\n<p><a href=\"https:\/\/blog.scconline.com\/post\/2018\/07\/17\/no-merit-in-cyrus-mistrys-petition-against-removal-as-chairman-tata-sons-nclt\/\">No merit in Cyrus Mistry&#8217;s petition against removal as Chairman (TATA Sons): NCLT<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reported by media, NCLAT has restored Cyrus Mistry as the Executive Chairman of Tata Sons and held the appointment of N <\/p>\n","protected":false},"author":8808,"featured_media":153604,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[25614,31017,31016],"class_list":["post-223380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-chairman","tag-cyrus-mistry","tag-tata-sons"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO 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petitioner\u2019s who held over 18% equity shares in Tata Sons Ltd., were propelled to file the company petition against Tata Sons Ltd., Ratan Tata (Chairman Emeritus) and others. The petition arose consequent to the incident on 24-10-2016 wherein the Co.\u00a0 Board meeting, Cyrus Mistry\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Company Law Tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/10\/NCLT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/10\/NCLT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/10\/NCLT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/10\/NCLT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/10\/NCLT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":246198,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/03\/26\/reinstatement-by-nclat-too-big-a-pill-for-perhaps-even-cyrus-mistry-to-swallow-heres-why-supreme-court-upheld-cyrus-mistrys-removal-as-chairman-by-the-tata-sons\/","url_meta":{"origin":223380,"position":1},"title":"&#8216;Reinstatement by NCLAT &#8220;too big a pill&#8221; for perhaps even Cyrus Mistry to swallow&#8217;; Here&#8217;s why Supreme Court upheld Cyrus Mistry&#8217;s removal as Chairman by the Tata Sons","author":"Prachi Bhardwaj","date":"March 26, 2021","format":false,"excerpt":"\"NCLAT appears to have granted the relief of reinstatement gratis without any foundation in pleadings, without any prayer and without any basis in law, thereby forcing upon the appellant an Executive Chairman, who now is unable to support his own reinstatement.\u00a0\"","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/sc-2-7.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/sc-2-7.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/sc-2-7.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/sc-2-7.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/02\/sc-2-7.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":248255,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/15\/tata-v-mistry-a-case-for-greater-protection-of-minority-shareholders-rights\/","url_meta":{"origin":223380,"position":2},"title":"Tata v. Mistry: A Case for Greater Protection of Minority Shareholders\u2019 Rights","author":"Editor","date":"May 15, 2021","format":false,"excerpt":"by Varghese George Thekkel\u2020","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/MicrosoftTeams-image-39.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/MicrosoftTeams-image-39.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/MicrosoftTeams-image-39.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/MicrosoftTeams-image-39.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/MicrosoftTeams-image-39.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":235683,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/09\/12\/unpacking-the-scope-of-oppression-prejudice-and-mismanagement-under-the-companies-act-2013\/","url_meta":{"origin":223380,"position":3},"title":"Unpacking the scope of oppression, prejudice and mismanagement under the Companies Act, 2013 [SCC Archives]","author":"Bhumika Indulia","date":"September 12, 2020","format":false,"excerpt":"by Umakanth Varottil\u2020","rel":"","context":"In &quot;OP. 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ED.","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/09\/companies-act-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/09\/companies-act-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/09\/companies-act-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/09\/companies-act-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/09\/companies-act-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":223895,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/01\/07\/tata-v-mistry-nclat-explains-why-roc-cannot-take-advantage-of-s-43-a2-a-of-companies-act-1956-clarifies-no-aspersion-cast-on-roc-in-earlier-order\/","url_meta":{"origin":223380,"position":4},"title":"Tata v. Mistry | NCLAT explains why RoC cannot take advantage of S. 43-A(2-A) of Companies Act, 1956; Clarifies, no aspersion cast on RoC in earlier order","author":"Bhumika Indulia","date":"January 7, 2020","format":false,"excerpt":"National Company Law Appellate Tribunal (NCLAT):\u00a0A Bench of Justice S.J. Mukhopadhaya, Chairperson, and Justice Bansi Lal Bhat, Member (Judicial), dismissed the interlocutory application preferred by the Registrar of Companies, Mumbai, seeking amendment of the NCLAT's Judgment dated 18-12-2019 (\"earlier judgment\") wherein the removal of Cyrus Mistry from the Chairmanship of\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/08\/NCLAT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/08\/NCLAT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/08\/NCLAT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/08\/NCLAT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/08\/NCLAT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":217240,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/24\/bom-hc-imputations-against-nusli-wadia-being-part-of-statutory-notice-under-s-169-companies-act-held-were-not-defamatory-issue-of-process-against-ratan-tata-and-ajay-piramal-quashed\/","url_meta":{"origin":223380,"position":5},"title":"Bom HC | Imputations against Nusli Wadia being part of statutory Notice under S. 169 Companies Act, held were not defamatory; issue of process against Ratan Tata and Ajay Piramal quashed","author":"Bhumika Indulia","date":"July 24, 2019","format":false,"excerpt":"Bombay High Court:\u00a0A Division Bench of Ranjit More and Bharati H. Dangre, JJ. quashed the order passed by the Additional Chief Metropolitan Magistrate whereby he had issued process against the petitioners including veteran industrials Ratan Tata and Ajay Piramal. The process was issued in the case instituted against them by\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/223380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=223380"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/223380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/153604"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=223380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=223380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=223380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}