Cyrus Mistry has been reappointed as thechairman of Tata Sons by the National Company Law Appellate Tribunal (NCLAT).- Mistry will return to the helm of the Tata conglomerate after a three-year-long battle in courts.
- He was ousted in October 2016 being chairman for nearly four years.
As Mistry returns to power, the current executive chairman of the company — N Chandra — might have to look for a new job.
Mistry served as Tata Sons chairman just shy of four years before the board removed him from the helm in October 2016. His net worth is currently at $10 billion.
Here’s a quick look at Mistry’s journey from being the son of a construction tycoon to leading Tata Sons a second time: