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NCLAT admits Cyrus Mistry’s plea against his removal

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday admitted a petition moved by outsted Tata Sons Chairman Cyrus P Mistry seeking to set aside an order of a Mumbai-bench of the company law tribunal upholding his removal.

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New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday admitted a petition moved by outsted Tata Sons Chairman Cyrus P Mistry seeking to set aside an order of a Mumbai-bench of the company law tribunal upholding his removal. In the July 9 order, a Bench of NCLT Mumbai had dismissed Mistry’s plea challenging his removal as Chairman of Tata Sons. Hearing the matter, the two members of the appellate tribunal, headed by its Chairman Justice SJ Mukhopadhaya admitted Mistry’s petition, which he filed in his personal capacity. The NCLAT also issued notices to Tata Sons and other respondents and asked them to reply in 10 days. The matter will now be heard on September 24 along with the original plea filed by Cyrus Investments challenging Mistry’s removal from Tata Sons.  PTI

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