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  4. Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head

Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head

A bench headed by Chief Justice NV Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict.

PTI Reported by: PTI New Delhi Published on: May 19, 2022 12:45 IST
Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head, latest
Image Source : PTI/ REPRESENTATIONAL (FILE).

Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head. 

Highlights

  • The Supreme Court of India dismissed a plea of Shapoorji Pallonji group today
  • Plea was seeking review of 2021 verdict which upheld Tata group's decision to remove Cyrus Mistry
  • Bench headed by Chief Justice ordered deletion of certain remarks made against Cyrus Mistry in 2021

The Supreme Court on Thursday (May 19) dismissed a plea of the Shapoorji Pallonji (SP) group seeking a review of the 2021 verdict which had upheld the Tata group's decision to remove Cyrus Mistry as the executive chairman of the Tata Sons.

A bench headed by Chief Justice NV Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict.

Senior advocate Harish Salve, appearing for the Tata group, said the court may permit the deletion of one or a few sentences not for the reasons given in the application of the Sapoorji Pallonji (SP) group.

The top court on March 26, 2021, had set aside a National Company Law Appellate Tribunal (NCLAT) order restoring Mistry as the executive chairman of USD 100-billion salt-to-software conglomerate.

The apex court had also dismissed a plea of Shapoorji Pallonji Group seeking the separation of ownership interests in Tata Sons Pvt Ltd (TSPL).

Mistry had succeeded Ratan Tata as the chairman of TSPL in 2012 but was ousted four years later.

ALSO READ: Tata vs Cyrus Mistry: Supreme Court to hear plea filed by Cyrus Investments in open court on March 9

ALSO READ: Cyrus Mistry seeks review of Supreme Court verdict in case against Tata Sons

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