Remove adverse comment about Cyrus Mistry, SC rules – Times of India

Mumbai: Supreme court Some remarks made against Cyrus have been rejected Mechanic in its March 2021 decision which approved it Tata Sons Decision to remove him from the post of Chairman and Director of the company as well as others Tata Group institutions
In an order on May 19 this year (which was put up on the apex court’s website on Thursday), it directed the removal of adverse personal remarks about Mistry, who “set his own house on fire” and that he “himself”. “by declaring an all-out war” by the verdict. The court said the order to remove the comments is being passed keeping in mind “his (Mistry’s) career” and “out of grace”.
The Supreme Court’s order comes after Mistry requested the apex court to quash certain observations made in the March 2021 judgment, which had affected his reputation.
“Considering the facts and circumstances presented by Mistry and having regard to his career, we, graciously, direct to delete the following observations in the judgment,” wrote on May 19 a three-judge bench headed by Chief read the order. justice of india NV Ramana,
Consequently, the sentence “A person who tries to set fire to his house, which he believes to be his cause legitimate, is not fit to continue as part of any decision-making body (not just a Board of the Company))” shall be deleted.
The sentence has also been dropped that Mistry “invited trouble by declaring himself an all-out war, which led to his removal as director”.
“This (Mistry was earlier removed from the post of chairman in Tata Sons, but not as director by a board resolution dated October 24, 2016) acted as a trigger point for Mistry to launch an offensive” also judgment will be removed. Also, “thus the relief of reinstatement granted by the National Company Law Appellate Tribunal (NCLAT) (as chairman of Tata Sons), was too big a pill for the complainant companies, and probably Mistry, to swallow”. Will go , In addition, the words “Leaking of his (Mistry’s) mail dated October 25, 2016 to the press” will also be removed. Though the SC removed some of the observations, however, it upheld certain statements which were a ground for seeking the removal of Tata Sons. Mistry as director, in which he shared information about the workings of Tata Sons with the Income Tax Department.
Mistry, in his application to the top court, had said that he was only following the directions of a statutory body, and that “the information was shared as per the summons issued by the DCIT”.
Mistry, who succeeded Ratan Tata as chairman of Tata Sons in 2012, was removed from the post on October 24, 2016 and was subsequently removed as its director.