Tata Sons vs Cyrus Mistry tussle enters round two, company moves Supreme Court

Tata Sons on Thursday moved the Supreme Court seeking a stay on the re-instatement of Cyrus Mistry as executive chairman and appealing against his re-instatement, immediately, as director of Tata Sons and three group companies.

The holding company for the Tata Group wants the appellate tribunal’s December 18 order, that directed the re-instatement of Mistry, to be quashed. It has argued the relief given to Mistry was “completely inconsistent with the annals of corporate law, reflects non-appreciation of facts and is untenable in law”.