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Tata Group wins 4-year legal battle with ex-chairman Mistry

India's top court overturns tribunal ruling, easing management risk factor

Former chairman of Tata Group, Cyrus Mistry, left, and Ratan Tata, the company's emeritus chairman. The conglomerate removed Mistry from his position in October 2016, triggering a legal battle.   © Reuters

MUMBAI -- India's Supreme Court ruled in favor of the country's leading conglomerate Tata Group on Friday by upholding the 2016 removal of Cyrus Mistry as executive chairman.

The ruling ends a four-year battle between the group and its former chairman. The country's top court overturned an appellate decision that deemed it "illegal" for Tata Group to dismiss Mistry and appoint Natarajan Chandrasekaran as chairman.

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