Companies

Tata-Mistry chronology

PTI Mumbai | Updated on July 09, 2018 Published on July 09, 2018

Following is the chronology in the Tata Sons-Cyrus Mistry case:

1. October 24, 2016: Tata Sons ousts Cyrus Mistry from the post of chairman; names Ratan Tata as interim chairman.

2. October 25, 2016: Mistry writes to Tata Sons’ board accusing ‘shadow control’ by the Tata Trustees.

3. December 19, 2016: Mistry resigns as director from all Tata group firms.

4. December 20, 2016: Mistry moves National Company Law Tribunal (NCLT) alleging oppression of minority shareholders and mismanagement.

5. January 12, 2017: Tata Sons names N Chandrashekaran as Chairman.

6. February 6, 2017: Mistry removed from the post of director of Tata Sons’ board.

7. September 21, 2017: Tata Sons’ board approves plan to become a private company.

8. June 12, 2018: NCLT sets July 4 as date of order.

9. July 4, 2018: NCLT defers judgement till July 9.

10. July 9, 2018: NCLT dismisses Cyrus Mistry’s pleas challenging his removal as chairman of Tata Sons. The tribunal says Mistry was removed as the board and its members lost confidence in him.

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Published on July 09, 2018
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