Points to Remember:
- The National Company Law Appellate Tribunal (NCLAT) has restored Cyrus Mistry as Executive Chairman of Tata Sons and ruled that his ouster in 2016 was illegal.
- Mistry had taken over as Tata Sons’ sixth chairman in 2012 after Ratan Tata announced his retirement.
- The Mistry family is the single largest shareholder in Tata Sons, with an 18.4% stake.
- Recently, NCLAT has restored Cyrus Mistry as the executive chairman of Tata Sons and ruled that his ouster in ___ was illegal. 2016
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