Reference No: OB0246(B)Pages: 4Published on: 29, March, 2023
Abstract: Case (B) focuses on the aftermath of petition filing by Mistry in NCLT. In July 2018, the final order was passed. It rejected Mistry’s claims, and RNT was in the clear. Mistry challenged the verdict in the National Company Law Appellate Tribunal (NCLAT). ... More
Reference No: OB0246(C)Pages: 3Published on: 29, March, 2023
Abstract: Case (C) untangles the series of events where the petition filed by Mistry is heard by NCLAT. In December 2019, NCLAT reversed the earlier order completely. It restored Mistry as the Executive Chairman of Tata Sons and Director in the Tata Group terming his dismissal illegal. ... More
Reference No: OB0246(A)Pages: 23Published on: 29, March, 2023
Abstract: This case highlights the loopholes in succession planning and issues of corporate governance at the multinational conglomerate Tata Group headquartered in Mumbai, India. This is a three-part case which highlights the dramatic removal of Cyrus Mistry from the chairmanship of Tata Group. The case is based on excerpts from the ... More
Reference No: OB0246(D)Pages: 2Published on: 29, March, 2023
Abstract: Case (D) describes the verdict of the Supreme Court that upheld the decision of the board of Tata Sons to remove Mistry as the Chairman of the board. The 282-page-judgment set aside the 2019 judgment of the NCLAT that had restored Mistry as the Executive Chairman of Tata Sons and Director ... More