Tata vs Mistry: What next in India's biggest corporate thriller?

If Supreme Court strikes down the NCLAT order restoring Cyrus Mistry's position, then life returns to normal at Tata Group.

In October 2016, when Cyrus Mistry was unceremoniously sacked by the Tata Group board as the Group Chairman and Ratan Tata became the Chairman, most group stocks cracked. Mr. Mistry was seen as someone who brought in fresh blood, improving efficiencies by sweating out the assets in 3 years to achieve 30% - CAGR in operating cash flows and above all the age factor which provided investors comfort about the long term stability.  

Going by the same logic, markets should have cheered Wednesday’s National Company Law Appellate Tribunal (NCLAT) order to reinstate Mr. Mistry as the Chairman, though the Tribunal