Business Standard

Shapoorji Pallonji Group cites ex-facie breach in Cyrus Mistry ouster

The counsel appearing for SP Group firms told a Bench headed by Chief Justice S A Bobde about the importance of selecting the chairman of Tata Sons

Ratan Tata, Cyrus Mistry
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The apex court was hearing the cross appeals filed by Tata Sons and Cyrus Investments against the appellate tribunal NCLAT’s order

Shally Seth Mohile Mumbai
Shapoorji Pallonji (SP) Group on Wednesday questioned in the Supreme Court the manner in which Cyrus Mistry (pictured) was removed as chairman of Tata Sons in October 2016, and claimed that there was an “ex-facie” breach of Articles of Association in the process.
 
The counsel appearing for SP Group firms told a Bench headed by Chief Justice S A Bobde about the importance of selecting the chairman of Tata Sons, and said it is “so crucial” as it affects so many stakeholders in several countries.
 
Senior advocate Shyam Divan, appearing for SP group firms, referred to the Articles of Association

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