Legal Ruling Reinstates Ousted Tata Sons Chairman Cyrus Mistry - News Summed Up

Legal Ruling Reinstates Ousted Tata Sons Chairman Cyrus Mistry


The order has a four-week stay, giving Tata Sons’ legal representatives time to respond. Meanwhile, in January 2017, Tata Sons appointed N. Chandrasekaran, who had been the CEO of software giant Tata Consultancy Services (TCS), as the chairman of Tata Sons. Cyrus Misty joined the board of Tata Sons in 2006 and was appointed deputy chairman in November 2011. The Tata Trusts; the Tata Group Companies and Tata family members have a cumulative 81% stake in Tata Sons. In this case it is Tata Sons and it had implications over a range of listed entities."


Source: Forbes December 20, 2019 04:20 UTC



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