SC stays NCLAT order reinstating Cyrus Mistry

The Supreme Court on Friday stayed the NCLAT decision to restore Cyrus Mistry as executive chairman of the Tata Group. Tata Sons Private Ltd (TSPL) had challenged the December 18 decision of the National Company Law Appellate Tribunal (NCLAT) that gave a big relief to Cyrus Investment Pvt Ltd and Mistry, restoring him as the executive chairman of TSPL.

from Times of India https://ift.tt/2seUpy6