No Merit In Cyrus Mistry's Case Against Sacking As Tata Chairman: Court
The National Company Law Tribunal (NCLT) on Monday dismissed Cyrus Mistry's plea for his illegal removal as Tata Sons' chairman. The Mumbai Bench of the NCLT ruled in favour of Tata Sons saying the board of directors are competent to remove executive directors. The tribunal did not find any merit in legacy issues raised by Mr Mistry against Tata Sons. According to a report by news agency Press trust of India (PTI), NCLT ruled that Mr Mistry was removed because Tata Sons Board and its members lost confidence in him. NDTV is one of the leaders in the production and broadcasting of un-biased and comprehensive news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile. Subscribe for more videos: https://www.youtube.com/user/ndtv?sub_confirmation=1 Like us on Facebook: https://ift.tt/1j1uo2F Follow us on Twitter: https://twitter.com/ndtv Download the NDTV Apps: https://ift.tt/2mScygu Watch more videos: https://ift.tt/1u37l2n
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Monday, 9 July 2018
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