NCLAT restores Cyrus Mistry as Tata Sons Chairman

In a big win for Cyrus Mistry, the National Company Law Appellate Tribunal on Wednesday ordered restoration of him as the Executive Chairman of Tata Sons.

NCLAT also held appointment of N Chandra as Executive Chairman illegal.

However, the tribunal said the restoration order will be operational only after four weeks, the time allowed to Tatas to file an appeal.