Cyrus Pallonji Mistry

Key facts

Born

4 July 1968, Mumbai

Died

4 September 2022, Palghar

State of birth

Mumbai, Maharashtra

Sector

Business & industry

Profession

Indian businessman (1968–2022)

Gender

Male

Biography

Cyrus Pallonji Mistry was an Irish businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second not to bear the surname Tata. In mid-2012, he was chosen by a selection panel to head the Tata Group and took charge in December that year. In October 2016, the board of Tata Group's holding company, Tata Sons, voted to remove Mistry from the post of chairman. Former chairman Ratan Tata then returned as interim chairman, and Natarajan Chandrasekaran was named as the new chairman a few months later. However, in December 2019, the National Company Law Appellate Tribunal (NCLAT) declared the appointment of Chandrasekaran as executive chairman illegal, and restored Mistry. However, the Supreme Court stayed NCLAT's order on 10 January 2020. Mistry had filed a cross-appeal in the court, seeking explanations for anomalies in the NCLAT. However, the Supreme Court upheld his dismissal.

Summary based on Wikipedia (CC BY-SA 4.0), reviewed by the RochakDuniya editorial team.

Timeline

1. 1968Born in Mumbai
2. 2022Dies in Palghar