The Titan's Battle: Tata vs Mistry
Ratan Tata, the former chairman of Tata Group, died at 86. He engaged in a legal battle with Cyrus Mistry, ousted as executive chairman of the conglomerate. The Supreme Court upheld this decision in 2021, ending a high-profile legal conflict. Tata received a ceremonial farewell in Mumbai.
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- India
Ratan Tata, chairman emeritus of the Tata Group, passed away at the age of 86 in Mumbai, a prominent figure in Indian industry known for his influence and legacy. His death follows years of a monumental legal struggle with Cyrus Mistry, a former executive in the Tata empire.
The legal confrontation began in 2016 when Mistry was removed as executive chairman, leading to a series of legal battles reaching up to the Supreme Court. The high-profile dispute included examinations by the National Company Law Tribunal and the National Company Law Appellate Tribunal before culminating in the Supreme Court, which ruled in favor of Tata's position in March 2021.
Tata's passing was marked by a ceremonial guard of honor, with dignitaries such as Union Home Minister Amit Shah and the Maharashtra Chief Minister in attendance, signifying his monumental impact on India's business landscape.
(With inputs from agencies.)
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