<span style="color: #222222;">The National Company Law Appellate Tribunal (NCLAT) today 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.Hearing the matter today, the two members of the appellate tribunal, headed by its Chairman Justice S J Mukhopadhaya admitted Mistry's petition, which he filed in his personal capacity.<br />''<br />''The NCLAT also issued notices to Tata Sons and other respondents and asked them to reply in ten days. The matter will now be heard on 24th next month along with the original plea filed by Cyrus Investments challenging Mistry's removal from Tata Sons.<br />''</span><br />'' <span style="color: #222222;">In the 9th July order, a bench of NCLT Mumbai had dismissed Mistry's plea challenging his removal as Chairman of Tata Sons.<br />''<br />''Under the Companies Act 2013, an order of NCLT can be challenged before the National Company Law Appellate Tribunal (NCLAT). Mistry, who was the sixth chairman of Tata Sons, was ousted from the position in October 2016.</span><br />'' &nbsp;<br />
News On AIR | August 29, 2018 3:26 PM
NCLAT admits Mistry's petition against order upholding his removal