New Delhi: In a big win for Cyrus Mistry, the National Company Law Appellate Tribunal on Wednesday ordered restoration of him as the Executive Chairman of Tata Sons.
NCLAT also held appointment of N Chandra as Executive Chairman illegal.
However, the tribunal said the restoration order will be operational only after four weeks, the time allowed to Tatas to file an appeal.
Mistry was ousted from the position in October 2016.
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Good. Mr Mistry got justice.