The Supreme Court’s decision on Friday to uphold Cyrus Pallonji Mistry’s removal as executive chairman of Tata Sons and later as director in Tata companies is probably going to stymie the Shapoorji Pallonji Group’s debt-cutting strategy. Aside from overturning the National Company Law Appellate Tribunal’s (NCLAT) decision on Mistry’s reinstatement, the Supreme Court claimed that […]
