MUMBAI : Cyrus Mistry and his investment firms have filed a fresh petition in the Supreme Court, pleading that they be granted directorship in Tata Sons Ltd. The appellate tribunal held as illegal the appointment of N. Chandrasekaran as Tata Sons’ chairman succeeding Cyrus Mistry. The NCLAT also reinstated Mistry’s directorship in Tata Consultancy Services, Tata Teleservices (Maharashtra) and Tata Industries Ltd. The firms are also seeking that the controversial Article 75 present in Articles of Association of Tata Sons be struck down. The NCLAT in its judgement had directed the nominees of Tata Trusts to not interfere in the affairs of Tata Sons.

Source: Mint February 17, 2020 15:32 UTC