Tata Sons EGM today to oust Mistry as director

Mistry moved the National Company Law Tribunal which did not grant interim relief; hearing on Feb 13

It would be an end of an era at Tata Sons, the holding company of the Tata group, with its shareholders’ meeting here on Monday at an extraordinary general meeting to oust former chairman Cyrus Mistry as a director from the board. 

The Mistry family had first acquired shares in Tata Sons in 1965 and Mistry’s father, Pallonji Mistry, was first appointed as a Tata Sons director in 1980 and retired in 2004. Cyrus joined two years later as a director and became Tata Sons chairman in 2012 though the family did not have any nomination right on the board. After