Supreme Court To Hear Cyrus Mistry Plea To Drop Its Remarks Against Him

Supreme Court on Monday agreed to hear Cyrus Mistry’s plea seeking to expunge remarks against him in its 2021 verdict, which was in favour of Tata Group.

Mr Mistry’s plea mentioned that the top court’s remarks in the judgment raised questions about his reputation and character.

The court said that it will hear the matter in 10 days. Tata Sons has opposed the plea.

Tata Sons Chairman Emeritus Ratan Tata had said the 2021 order validated the values and ethics that always guided the Tata group.

Mr Mistry had succeeded Ratan Tata as the chairman of Tata Sons in 2012 but was ousted four years later.

The Shapoorji Pallonji Group had told the court that Mr Mistry’s removal as the chairman of Tata Sons at a board meeting held in October 2016 was akin to a “blood sport” and “ambush”, in complete violation of the principles of corporate governance and in pervasive violation of the Articles of Association in the process.

The Tata Group had vehemently opposed the allegations and denied any wrongdoing, saying the board was well within its right to remove Mr Mistry as the chairman.