A division bench of Justices Ranjit More and Bharati Dangre on Monday quashed and set aside the proceedings.
Shapoorji Pallonji Group's head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93.
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
The Mercedes-Benz GLC 220d 4MATIC, the SUV former Tata Sons chairman Cyrus Mistry was riding in on Sunday, comes with various safety features to protect passengers but just like other high-end cars, it has no airbags for rear seats.
In a major victory for the Tata Group, the Supreme Court on Friday set aside the NCLAT order restoring Cyrus Mistry as the executive chairman of the conglomerate.
The Tata group is planning a big splash.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
It is a reinforcement of the principles and forthrightness that prevails in our judicial system, which should make all of us proud of our country and its democracy.
The attack followed a scuffle as the ousted chairman Cyrus Mistry arrived to chair the board meeting of Indian Hotels
Tata Group overall commands market capitalisation of over $125 billion
Sources in the Tata group said they could not attend as they were travelling.
Tata, who stepped down as head of the Tata group on December 28 after 21 years at its helm, was replying to a query about the biggest challenge for his successor.
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Four smaller firms in the infra & technology space on course to more than treble their revenue to Rs 24,000 crore in four years.
Globally, white-collar gender diversity in the workplace has become as politically correct a cause to espouse as, say, corporate social responsibility.
In early February, at his first Tata Chemicals board meeting as group chairman, Mistry sat quietly as directors debated efforts to find synergies between interests dotted around the globe, from Wyoming to Gabon.
Cyrus Mistry said more focus was needed for improvement in key areas such as vehicle technology.
Ratan Tata is passionate about British manufacturing. There will be no change. It will be the same culture, the charitable culture.
Mistry is halfway through in building Tata group's Gen Next.
Completing a year at the helm of one of the biggest conglomerates of the country, Cyrus Mistry definitely seems to have retained the trust of his investors, a new survey said.
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
Tata Steel constitutes committee headed by Ishaat Hussain to ascertain the facts
Shareholders want to know what plans does company have to address the issue
The CEOs, sources said, also discussed the steps to raise domestic production of coal.
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
CNBC-TV18 News reports that it has been able to confirm that the insurance giant is firmly backing Tata Sons. There is thus no possibility that the insurer will exit the group.
Unless new members are inducted at jet speed, the strength of Tata Sons board will come down to four in July.
A strict enforcement of seat belt norms for rear passengers would be more effective than making an alarm go off when people do not belt up, according to officials at car manufacturers. Their comments came a day after Nitin Gadkari, the Union minister for road transport and highways, announced that seat belt alarms would be made mandatory for passengers in the rear seat of a car. "We have taken a decision that there will be a provision that the car seat belt alarm should beep when the rear seat rider is not wearing a seat belt. "We will impose fines if rear seat riders are not wearing seat belts.
The Group has been pioneer in innovation; Ratan Tata has been credited for launching world's cheapest car Nano in 2009
Ratan Tata has got over Rs 1 crore as compensation for serving as an independent director on the board of NYSE-listed Alcoa Inc during 2012.
Mistry would be succeeding as the chairman of Tata Group.
People who attended the celebrations said the sincerity and passion, besides absence of smart one-liners, reminded them of his predecessor.
Tata Power is looking forward to drawing big advantage from Cyrus Mistry taking over as the $100-billion conglomerate's new chief, as he began Tata journey with this company and can relate to the business very well.
Mistry was groomed for the assignment by Tata for a year.
Ratan Tata, an iconic corporate leader, retired as chairman of Tata Group after a 50-year run on Friday but kept away from office on his last day at the helm of one of country's oldest business empires. Tata, who turned 75 today, is in Pune for his birthday.
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
