New Delhi: The Supreme Court on Thursday rejected the request for a review submitted by the Shapoorji Pallonji group from Cyrus Mistry to review the 2021 assessment that supported Tata Sons’s decision to delete it as chairman.
However, the bench, led by the Chairman of the Judge Ramana, ordered the elimination of certain statements made against Mr Mistry.
Mr Mistry has requested a re -consideration of the court orders in March 2021 and also deleted a certain statement against him in the order.
Senior Advocate Harish Salve, emerged for the Tata group, said the court could allow the abolition of one or several sentences that were not due to the reasons given in the application of the SP group.
In March last year, the High Court supported the removal of Mr. Mistry and put aside the orders of the Corporate Legal Court that had returned it.
In October 2016, Mr. Mr. Mistry was deleted as chairman of Tata Sons in a dramatic overthrow. A few months later – in December 2016 – Two investment companies supported by the Mistry Family – Cyrus Investments PVT Ltd. and Sterling Investments Corporation PVT Ltd. – have moved the National Legal Appeal Court (NCLAT), which accused mismanagement by Tata Sons.
In February 2017, Mr. Mr. Mistry was deleted as a director at the Sons Tata Council, a parent company Tata group company. The legal battle continues.
In December 2019, the Corporate Legal Court recovered Mr. Mistry as Chair of the Conglomerate Executive.
Last year, Tata Sons challenged the decision of the Corporate Legal Court in the Supreme Court. In March, the Top Court canceled the Legal Court’s order.