April 22, 2021

24X7 News Guru

The Real Time News

‘Tatas making Cyrus chairman wrong decision of lifetime’

The Supreme Court on Friday upheld Cyrus P Mistry’s removal from the post of executive chairman of Tata Sons and rejected the Shapoorji Pallonji Group’s accusations against Ratan Tata, including Tata Sons board’s allegedly oppressive practices against minority shareholders. The court dismissed SP Group’s last-minute plea for evaluation of its shares for an honourable exit....

The Supreme Court on Friday upheld Cyrus P Mistry’s removal from the post of executive chairman of Tata Sons and rejected the Shapoorji Pallonji Group’s accusations against Ratan Tata, including Tata Sons board’s allegedly oppressive practices against minority shareholders. The court dismissed SP Group’s last-minute plea for evaluation of its shares for an honourable exit.

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