Tag: tata sons

Ralf Speth has decided to retire from his current role as the Executive Director and Chief Executive Officer of Jaguar Land Rover (JLR) at the end of his contract term in September 2020, Chairman of Tata Sons, Tata Motors and JLR Natarajan Chandrasekaran said on Thursday.

In the case of Cyrus Mistry, Tata Sons has challenged the National Company Law Appellate Tribunal (NCLAT) decision in the Supreme Court. The board meeting of Tata Consultancy Services (TCS), the flagship company of the Tata group, is scheduled to take place on 9 January. In such a situation, when the Supreme Court opens on 6 January, Tata Sons' lawyers can demand an immediate hearing. On December 18, the NCLAT ordered Mistry to appoint him again as chairman of Tata Sons. Tata Sons had 4 weeks to appeal.

The National Company Law Appellate Tribunal has decided to re-appoint Cyrus Mistry as chairman of Tata Sons. The tribunal said in its decision on Wednesday - it was illegal to remove Mistry from the post of chairman of Tata Sons. Tata Sons has the option to appeal against it. Even before this legal battle, there were issues about which there were differences between Mistry and Ratan Tata.

The National Company Law Appellate Tribunal (NCLAT) on Wednesday ruled in favor of Cyrus Mistry, saying that Mistry should be made the chairman of Tata Sons again, it was wrong to remove him. Mistry reached the Appellate Tribunal after losing the case to the National Company Law Tribunal (NCLT). The Appellate Tribunal also dismissed the appointment of N Chandrasekaran as the chairman of Tata Sons. Chandrasekaran became the chairman in January 2017.