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Tata Sons moves Supreme Court over Cyrus Mistry's reinstatement

The matter has not yet been fixed for hearing and will only come up after the apex court opens on January 6 after the winter break

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Cyrus Mistry

Cyrus Mistry

New Delhi: The Tata Sons Limited on Thursday approached the Supreme Court against the order of the National Company Law Appellate Tribunal (NCLAT) which reinstated Cyrus Mistry as executive chairman of the company. The company has sought early interim relief ahead of the board meeting which is likely to be held on January 9. The matter has not yet been fixed for hearing and will only come up after the apex court opens on January 6 after the winter break.

On December 18, the NCLAT had restored Cyrus Mistry as the Executive Chairman of the Tata Group and held that the appointment of N Chandrasekaran was illegal. The tribunal, however, clarified the restoration order will be operational only after four weeks, thus allotting time to Tatas to file an appeal. The Mumbai bench of the National Company Law Tribunal (NCLT) had dismissed the petitions filed by the two investment firms - Cyrus Investments Private Ltd and Sterling Investments Corporation - challenging Mistry's removal.

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