Indian tribunal backs Mistry's reinstatement at Tata Sons
FILE PHOTO: Tata Group Chairman Cyrus Mistry speaks to shareholders during the Tata Consultancy Services annual general meeting in Mumbai June 28, 2013. REUTERS/Vivek Prakash
NEW DELHI - An Indian tribunal on Wednesday ordered restoring Tata Sons’ former executive chairman Cyrus Mistry to the position he had held until 2016, a lawyer involved in the case said. Tata Sons has four weeks to appeal the order, given by the quasi-judicial National Company Law Appellate Tribunal , according to the lawyer, who wished to remain anonymous as he was not authorized to speak to media.Mistry launched legal proceedings against Tata Sons after his ouster from the company, one of India's oldest and largest conglomerates.Our Standards:
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