TIL Desk/Business/New Delhi/ The Supreme Court on Wednesday decided to resolve the legal battle related to appointment of Cyrus Mistry as the Executive Chairman of Tata Group on December 8. In December 2019, the National Company Appellate Law Tribunal (NCLAT) had passed the order restoring Mistry as Executive Chairman and held the appointment of Natarajan Chandrasekaran to the post as illegal. On January 10, the apex court had stayed the NCLAT order.
A bench, headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian, orally said the matter requires extensive hearing. “We will hear this case on Tuesday as the only matter… list these matters on December 8 for hearing,” they said.
On November 18, senior advocate C.A. Sundaram, representing Mistry, had informed the apex court that they have filed an intervention application. Sundaram submitted that the new IA only seeks an additional relief, as the earlier IA did not cover this.
The bench had told Sundaram, “Why have you filed the IA…why don’t we got with the final hearing?” The bench reminded him that it had kept the matter on that day for final hearing, yet an IA has been filed.
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