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Top biz headlines: Mistry back as Tata chairman, GST Council meet, & more

In a first, the GST Council on Wednesday resorted to voting to decide an issue

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Cyrus Mistry

BS Web Team New Delhi
NCLAT restores Cyrus Mistry as chairman of Tata Sons

More than three years after the dramatic boardroom sacking of Cyrus Mistry, an appeals court — National Company Law Appellate Tribunal — on Wednesday reinstated him as the executive chairman of the Tata group. The 172-page order, while upholding Mistry’s charges that he was ousted without due process, said the action taken by Ratan Tata and others against the former Tata Sons chairman was oppressive and illegal. Read more

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