
The case is based on the office of the Executive Director of Tata Sons, Cyril Mistry. The board of the company had decided to replace him.However as claimed by Ratan Tata, Mistry has created a ‘smokescreen of oppression and mismanagement’ of the issue.
The National Company Law Appellate Tribunal (NCLAT) via an order had reinstated the executive director’s position. In January 2020, allowing appeals against the same from Tata, this order was stayed by the Supreme Court. Mistry too had filed counter appeals arising out of the NCLAT order. The SC decided to hear the matters together.
In furtherance of the same, an affidavit was filed condemning Mistry’s undignified actions, also calling him a Trojan Horse.
The affidavit states that the due procedure was followed for the ED’s removal. All due factors were taken into consideration and Mistry was first asked to step down voluntarily. It also questions Mistry’s attitude towards the other shareholders who have a potential say and discretional authority in the matter.
