Boardroom battle: NCLT dismisses Cyrus Mistry's petition against Tata Sons

NCLT added that the board is competent to remove its chairman and it does not require a selection committee

The Mumbai Bench of the National Company Law Tribunal (NCLT) ruled in favour of Tata Sons, dismissing Cyrus Mistry and his family firms’ petition against the holding company on Monday, marking an end to the first phase of a bitter legal battle that began in December 2016.

The dismissal is a major setback for Mistry as he may find it tougher to prove merit of his case when the battle enters the second phase at the National Company Law Appellate Tribunal (NCLAT) in Delhi, said legal experts.

“We have not found any purported merit or issues raised by the minority