SC issues notice to Tata Sons on cross-appeal by Mistry against NCLAT order

The Supreme Court Friday issued notice to Tata Sons Pvt Ltd (TSPL) and others on a cross-appeal filed by Cyrus Mistry and his firm seeking removal of anomalies in the NCLAT order for getting representation on the TSPL board in proportion to the stake held by his family.

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

A bench of Justices A S Bopanna and Hrishikesh Roy in Friday’s proceedings, held through video-conferencing, also issued notice on the cross-appeal of Cyrus Investment Pvt Ltd and tagged the plea with that of TSPL.