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Supreme Court of India · 2021-03-26

TATA CONSULTANCY SERVICES LIMITED vs CYRUS INVESTMENTS PVT LTD

Citation / case number
SC 2020/212
Court
Supreme Court of India
Petitioner
TATA CONSULTANCY SERVICES LIMITED
Respondent
CYRUS INVESTMENTS PVT LTD
Author
HON'BLE THE CHIEF JUSTICE
Bench
HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE A.S. BOPANNA, HON'BLE MR. JUSTICE V. RAMASUBRAMANIAN

Judgment text excerpt

The Supreme Court addressed the appeals concerning the removal of Cyrus Mistry as Executive Chairman of Tata Sons. The court found the proceedings of the Board of Directors' meeting that led to Mistry's removal to be illegal, restoring his position and declaring the subsequent appointment of a new chairman invalid. The court emphasized the need for adherence to corporate governance principles and the protection of minority shareholders' interests.

TATA CONSULTANCY SERVICES LIMITED vs CYRUS INVESTMENTS PVT LTD · Niyam