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Multi-billion salt to software conglomerate Tata Sons Private Limited submitted in the Supreme Court on Tuesday that the December 18 last decision of the National Company Law Appellate Tribunal (NCLAT) to reinstate Cyrus Mistry as its chairman effectively amounted to vesting the control of the Tata companies with a minority shareholder.
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nstatement of Cyrus Mistry as chairman Share Article 0 PRINT A A A File photo of Ratan Tata (L) with Cyrus Mistry. | Photo Credit: PTI Tribunal ordered reinstatement of Cyrus Mistry as chairman <span>Multi-billion salt to software conglomerate Tata Sons Private Limited submitted in the Supreme Court on Tuesday that the December 18 last decision of the National Company Law Appellate Tribunal (NCLAT) to reinstate Cyrus Mistry as its chairman effectively amounted to vesting the control of the Tata companies with a minority shareholder. “What NCLAT has done now is vest the control of the company with minority. Minority with 18% holding has been effectively given power to rule over all the Tata Companies”, senior advoca


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