Disappointed over SC verdict: Cyrus Mistry

NEW DELHI: With Supreme Court effectively putting a halt to the long drawn legal tussle between former Tata Sons chairman Cyrus Mistry and the promoter group by ruling in favour of the latter on Friday, Mistry said in a statement on Tuesday that he was disappointed with the SC verdict.

“Every member of society looks to institutions such as courts to validate and endorse the appropriateness of his or her actions and beliefs. As a minority shareholder of Tata Sons, I am personally disappointed by the outcome of the judgement with respect to our case,” Mistry said. The SC had set aside the earlier National Company Law Appellate Tribunal (NCLAT) order restoring Mistry as executive chairman of the conglomerate.