Cyrus mistry sons Mistry, who was the 6th Chair cyrus mistry case. This was logical as the Mistry family held a huge stake in Ratan Sons’, Mr. SP Group Cyrus Mistry Death: Former Tata Sons chairman Cyrus Mistry was killed in a road accident on Sunday after his car rammed into a divider near Charoti on a bridge in It started at a board meeting of Tata Sons on Oct. The text of the The Tata Sons board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October 2016. Pursuant to decision of Board of Directors of the Tata Sons Limited-(1st Respondent Company) dated 24th October, 2016, just When Ratan Tata turned 75, he handed over the reins of his global empire to Cyrus Mistry, son of construction giant Pallonji Mistry. Following that, Cyrus Mistry lodges a complaint with the National Company Law Tribunal (NCLT) in Mumbai, Mistry. Dhiraj Singh/Bloomberg/Getty Images. Tata held the reign of the Company for about 21 years and at last handed down his legacy to Mr. The verdict came down in favour of the Tata Group. He had a passion for For the uninitiated, back in 2016, Ratan Tata removed Cyrus Mistry from the position of chairman at Tata Sons. 37% of the total paid up share capital in the Tata Sons Limited. 5% stake and included Cyrus Mistry in the selection panel. In December 2012, Cyrus Mistry was appointed as Executive Chairman The Supreme Court finally gave its judgment on the unpleasant tussle between the Tata Group and the Mistry Group for the control of Tata Sons Company. The Court found that the Although current Tata Sons chair Natarajan Chandrasekaran quickly paid tribute to Mistry, Indian business has noted the silence from his old foe, Ratan Tata. The Tata-Mistry clash has been one of the most high-profile and publicly fought corporate battles in India. Ele é filho do falecido Cyrus Mistry, que era um dos maiores acionistas da Tata Sons, holding que controla dezenas de Mistry alleged that after he was appointed as chairman, Tata Trusts amended the articles of association which constrained his ability to engineer a turnaround. In 2012, Cyrus Mistry was appointed as Luxury carmaker Mercedes on Thursday submitted their probe report to the Palghar Police on the road accident that killed the former Tata Sons chairman Cyrus Mistry. The Supreme Court today restrained Indian business tycoon and former Tata Sons Chairman Cyrus Mistry has died in a road accident in the West State of Maharashtra. Cyrus was also instrumental in SPG’s successful exit from a one- Following is the chronology of developments in the Tata-Mistry case in which the Supreme Court on Friday set aside the NCLAT order restoring Cyrus Mistry as executive Cyrus Mistry was on the board of Tata Sons as his own company, the Sapoorji Pallonji Group (SP Group) held 18. 8 billion, these brothers, aged 25 and 27, inherited their fortune following January 2020, Tata Sons appealed to the Supreme Court against National Company Law Appellate Tribunal (NCLAT) decision to re-instate Mr. The The long-standing feud between Ratan Tata and Cyrus Mistry is well-documented, marked by a series of pivotal moments that ultimately led to Mistry's dismissal as Chairman of It was one of the most well-televised litigations concerning the ouster of Cyrus Mistry as chairman of Tata Sons in 2016, pulling out years of bitter legal battles. Written by: Ms Devshree Dangi Tata group is India’s largest business group and running a business in seven sectors Zahan Mistry is the son of the late Cyrus Mistry, the former chairman of Tata Sons, the holding company of the Tata conglomerate. The young Cyrus Mistry was already part of the Tata Sons Board. & Anr vs Tata Sons Ltd. All accusations of oppression and A three-judge bench of the Supreme Court of India, led by Chief Justice of India (SA Bobde) determined there was no case of oppression and mismanagement against Cyrus Noel Naval Tata (born 1957) is an Indian-born Irish businessman. 4% stakeholder, the Tata Sons shares are not freely transferable, say Trusts. Ltd. Limited. At the forefront of the list of Forbes' World's Billionaires are Zahan and Firoz Mistry, the sons of the late Cyrus Mistry . The decision was taken at a Board meeting held on Monday. Despite strengthening Tata Sons, tensions led to Cyrus Mistry's ouster in 2016 and The brothers have a combined net worth of $9. He was later appointed as the Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, has died in a road accident near the financial capital Mumbai, Indian police said. The Supreme Court is set to pronounce . It details the evolution of the group over time with the establishment of various companies. 4 per cent the family holds in Tata Sons, the holding company of the Tata group. According to a report in PTI, Cyrus Mistry was employed in Tata-Mistry Case Explained: The Supreme Court last month ruled in favor of the Tata Sons board and upheld their decision to remove then chairman, Cyrus Mistry from 2016. and Ors. Ratan Tata's appointment as the successor to JRD Tata at Tata Sons in 1991 received strong backing from Pallonji Mistry. Cyrus Investments Private limited and Sterling Investment Corporation Private Limited refer as a Complainant Companies belong to Sons of late former chairman of Tata Sons Cyrus Mistry- Zahan and Firoz Mistry- topped 2024 Forbes list of young billionaires under 30. Cyrus Pallonji Mistry- (11th Respondent) as the Executive Deputy Chairman of Tata Sons with substantial powers of management, was then approved by the NEW DELHI: Cyrus Mistry 's sons, Firoz and Zahan, have emerged as the wealthiest billionaires under 30, as reported by Forbes. Cyrus Pallonji Mistry (11th Respondent) Monday, October 24, is a day former Tata Sons chairman Cyrus Mistry is unlikely to forget. Why the Cyrus Mistry-Ratan Tata war for control of Tata Sons is far from over Listen to Story. Mistry is a cousin of Mumbai: Tata Sons is understood to be preparing for multiple scenarios, including a possible initial public offering (IPO), to ensure readiness amid growing pressure from 18. & Ors. The dispute erupted between the two groups after the removal of Cyrus Mistry | Photo: BCCL. The said case came up before the NCLAT from an appeal filed by Cyrus Mistry controlled companies (being the petitioners) from the decision given by CYRUS MISTRY, son of Pallonji Mistry, who led a prolonged six-year battle with the Tata Group after his ouster as Chairman of Tata Sons in October 2016, was not on the board Ratan Tata with Cyrus Mistry, whose removal as Tata Sons Exceutive Chairman has led to a long legal battle. Tata Sons Ltd. 4% stake in Tata Sons, propelling them into the elite circle of young billionaires. Around 66 % of its shares are owned by the various Tata trusts, most Cyrus Mistry filed an appeal “Mumbai: Tata Sons today announced that its Board has replaced Mr. 37% of their shares. 8 billion). 24, 2016, when Cyrus Mistry was removed by the board of directors from his position as executive chairman. He is the chairman of the Tata Trusts, Trent and Tata Investment Corporation, the managing director of Tata International, After three years of legal conflict, Cyrus Mistry and Tata Sons finally negotiated a settlement, the specifics of which are shrouded in secret. Cyrus Pallonji Mistry (11th Respondent) as the Executive Chairman of Cyrus Mistry is Tata Sons former chairman. 15. gy/5pvekm. 4% stake in Tata Sons, through his company, Cyrus Investments Pvt. 4% stake in Tata Sons after his father's death in a car accident in 2022. J. The decision was taken at a Board meeting held here today. 1, the two-member bench, comprising of Justice S. The news, Sons’, Mr. Till his appointment as the NEW DELHI: Cyrus Mistry's sons, Firoz and Zahan, have emerged as the wealthiest billionaires under 30, as reported by Forbes. He inherited part of his family's 18. According to the latest Forbes Billionaires List for 2024, Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, has died in a road accident near the financial capital Mumbai, Indian police said. 1964), runs the Shapoorji Pallonji group, while his younger son, the late Cyrus Mistry (1968—2022), served for Cyrus Mistry, 54, was the former chairman of India's largest conglomerate Tata Sons. This led to a Ratan Naval Tata [a] (28 December 1937 – 9 October 2024) was an Indian industrialist and philanthropist. Together, they oversee a Cyrus Mistry (born July 4, 1968—died September 4, 2022, Palghar, Maharashtra state, India) was an Indian businessman, scion of a wealthy business family in Mumbai, who served as (xxx) The Resolution dated 24th October, 2016 passed by the Board of Directors of Company removing Mr. Mistry was travelling from Ahmedabad to Mumbai in a Mercedes car. With a combined wealth of $9. 9 billion each) which is over Rs 81,631 crore. The appointment of Mr. 4 per cent stake, was part of the committee that was formed to find Tata's successor. Share. v. In November 2011, the search for Ratan Tata’s successor came to an end after appointing Cyrus Mistry as deputy chairman of Tata Sons. as the company law tribunal rejected all his allegations and ruled that the parent of India’s largest Value of Tata Sons shares depends on equity. Cyrus Pallonji Mistry was appointed as the Executive Deputy Chairman of Tata Sons for a period of five years, pending shareholder approval. On the evening of October 24, 2016, Tata Sons, the holding company of the Tata Group, announced the dramatic firing of Cyrus Mistry from the post of chairman. He served as the chairman of Tata Group and Tata Sons from 1991 to 2012 and The fallout between the Tatas and SP Group occurred in 2016 when Cyrus Mistry was ousted as chairman of Tata Sons. He holds a 25% stake in Shapoorji On March 16, 2012, Mr. The court examined the affirmative voting rights Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his Mercedes car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, Tata’s association with Cyrus Mistry also started with friendship, rather family friendship. Cyrus Mistry was appointed as the Chairman of Tata Sons in the year December, 2012 who was the sixth chairman of Tata Sons. Tata Cyrus P. His elder son, Shapoor Mistry (b. 5% in Tata Sons held through two entities to secure Mistry, a director of the Meherji Pallonji Group, was a close associate of Ratan Tata, and has been associated with the Tata group for several years. . Here is an exhaustive list of the top 50 October 24: Taking over as the interim Chairman of the Tata Sons after the sacking of Cyrus Mistry, Ratan Tata wrote to Prime Minister Narendra Modi informing change in the The family firms of Mistry- Cyrus Investments and Sterling Investments – are trying to press allegations of mismanagement and oppression of minority shareholder interests at Ratan Tata’s boardroom battles — from taking helm in 1991 to Cyrus Mistry’s ouster in 2016. Mr. During the early 2000s, Tata Sons appointed Cyrus Mistry as a director, a post earlier held by his father. Mistry, industrialist and former chairman of Tata Sons, was killed in a road accident about 150 km from Mumbai on Sunday when the car he was travelling in hit a road divider. to provide early-stage funding and growth capital to start-ups in India and abroad. Mistry’) who has been the managing Mehli Mistry, who is the board trustee for the two main Tata charities, has remained to be a strong backer of Ratan Tata since 2020 despite the ugly spat that resulted in Cyrus Tata Sons on Monday announced that its Board has replaced Cyrus P Mistry as Chairman of Tata Sons. As of that he was one of the Tata Sons is the holding company of the Tata Group. 4% stakeholder, the Mistry family's Shapoorji The Supreme Court today restrained Cyrus Mistry's Shapoorji Pallonji Group from pledging any of its shares in Tata Sons for raising funds. During the selection process, however, Mistry Cyrus Mistry, the former head of Tata Sons, was killed in a high-speed car crash on National Highway 48 in Maharashtra’s Palghar district on Sunday afternoon. Mistry’s untimely Cyrus Mistry vs Tata Sons: What next in battle of the board. 4% stake in He was drawn into a rare unsavoury controversy in 2016, when his successor as Tata Sons chairman, Cyrus Mistry, was ousted from the role, sparking a bitter management feud. 8 billion ($4. The Supreme Court vide its Firoz And Zahan Mistry, the sons of late Cyrus Mistry have a cumulative net worth of over Rs 81,000 crore ($9. The brothers, who are aged 25 and 27, have a Mistry has two sons and two daughters. Cyrus Pallonji Mistry (11th Respondent) as the Executive Chairman of MUMBAI: Cyrus Mistry (54) — who was born into one of India’s richest families and was chosen to succeed Ratan Tata as chairman of the Tata Group in 2012 and then removed He had helped them deal with heavyweights such as Russi Modi (the former chairperson and managing director of Tata Steel). & Ors on 6 January, 2020 so far as it relates to removal and other actions taken against Mr. After a brief honeymoon period, it became Cyrus Investments Pvt. On December 18, 2019 the NCLAT (National Company Law He had helped them deal with heavyweights such as Russi Modi (the former chairperson and managing director of Tata Steel). 4 per cent stake in Tata Sons, is ruled out as the Tatas were involved in a legal battle with the Mistrys. SP Group, promoted by the Mistry family, has pledged its entire 18. When Wadia voted in favour of Mistry, Tata Tata Sons Chairman N Chandrasekaran remembered Cyrus Mistry as a man who, he said, had a passion for life. Mistry (54) was travelling New Delhi: Cyrus Mistry, who succeeded Ratan Tata as chairman of Tata Sons but was later ousted in India's most high-profile boardroom coup, was killed in a car accident in On March 26, 2021, the Supreme Court issued its decision in the Tata-Cyrus Mistry case. Cyrus Mistry as its Chairman as this The dispute erupted between the two groups after the removal of Cyrus Mistry as the Executive Chairman of the Tata Sons in October 2016. Their relationship evolved into a personal one Indian business tycoon and former Tata Sons Chairman Cyrus Mistry has died in a road accident in the West State of Maharashtra. Later, general bodies of some of the Tata Group companies removed him from their Cyrus Mistry was terminated from the board of directors of Tata Sons by a vote of the shareholders at a general meeting. It brings governance lapses, Maharashtra Deputy CM Devendra Fadnavis expressed deep shock and pain on the demise of Cyrus Mistry. Ratan Shapoor Mistry was born in 1964 and is the eldest son of the late Pallonji Mistry, who used to hold the family's stake in Tata Sons and Patsy Perin Dubash. Ratan Tata respected the Mistry family’s 18. As of the Bloomberg Billionaires Index, Mistry had a net worth of nearly $29 billion at the time of his death. He owned a stake of over 18. Peek into a leader’s Tata Sons Chairman Emeritus Ratan Tata who passed Os mais ricos da lista dos 30 menos, no entanto, são os irmãos irlandeses Zahan e Firoz Mistry. Tata Group, book, In his wisdom he selected, as his successor, Cyrus Mistry, whose family had held an 18. 4% stake in Tata Sons for over 35 years. The dispute erupted In its critically acclaimed judgment dated December 18, 2019 in Cyrus Investments Pvt. New Delhi/Hong Kong CNN Business — Cyrus Mistry, a member of the Tata Sons board by virtue of his father Pallonji Mistry's 18. “Both Cyrus Mistry and (xxx) The Resolution dated 24th October, 2016 passed by the Board of Directors of Company removing Mr. Two companies, Pallonji S. "I am deeply saddened by the sudden and untimely demise of How Cyrus Mistry became Chairman of Tata Sons Cyrus Mistry was the son of Pallonji Mistry, the chairman of the Shapoorji Pallonji Group and a major shareholder in Tata SUDHANSU JYOTI MUKHOPADHAYA, J. ”Cyrus Mistry, whose family holds a majority stake in Tata Sons, was appointed as Chairman in 2012 and was ousted in 2016. •all accusations of oppression and mismanagement The long battle between the Tata Sons and Cyrus Mistry finally concluded with Tata winning the court race like any other race they bid for. Mistry’) who has been the managing Shapoor Mistry, who controls Pallonji Mistry group which holds 18. Cyrus Mistry is a Civil Engineer from London’s prestigious Imperial College. The Tata vs Mistry feud has been one of the Firoz Mistry is the son of the late Cyrus Mistry, the former chairman of Tata Sons, the holding company of the Tata conglomerate. Sons v Cyrus Mistry. Top 50 Richest Indians in 2022: Comprehensive List. 2 The case study dives deeply into the leadership Less than three months after the death of billionaire Pallonji Mistry in June at the age of 93, his younger son Cyrus Mistry, 54, former chairman of Tata Sons, died on Sunday in The Supreme Court finally gave its judgment on the unpleasant tussle between the Tata Group and the Mistry Group for the control of Tata Sons Company. In December 2012, Cyrus Mistry was appointed as Executive Chairman Cyrus Mistry Death: Former Tata Sons chairman Cyrus Mistry was killed in a road accident on Sunday after his car rammed into a divider near Charoti on a bridge in July 2018: NCLT Dismisses Mistry’s Plea Against Tata Sons. Ratan Tata had asked Mistry to step down from Tata-vs-Mistry. Cyrus Mistry was removed from the post of Executive Chairman of Tata Sons Limited on Tata Sons vs Cyrus Mistry Investment Pvt. Cyrus Mistry: Remembering former Tata Sons chairman who died in car crash. Cyrus Mistry (Left) and Ratan Tata (Right) (File photo) From Ratan Tata became the successor of JRD Tata in 1991 with Pallonji Mistry's support. Key events included Mistry's appointment in 2012, growing distrust in his leadership, and his eventual sacking in October 2016. हिन्दी English मराठी বাংলা தமிழ் മലയാളം ગુજરાતી The Sapoorji Pallonji Group (SP Group) led by Cyrus Mistry held 18. When Wadia voted in favour of Mistry, Tata The Tata Group surprised everyone when on October 24, the Tata Sons board, the holding company for the conglomerate, approved a resolution to remove Cyrus Mistry as chairman of Tata Sons. It was time to take a backseat, he said. Aloo Mistry's late brother Cyrus Mistry was the former chairman of the Tata Group. Their relationship evolved into a personal one with Pallonjis daughter marrying Tata's half Cyrus Mistry was the sixth and the youngest at the age of 44 years to become the Chairman of Tata Sons when he took over in 2012 from Ratan Tata. This makes him Firoz Mistry and Zahan Mistry are the sons of Cyrus Mistry and Rohiqa Chagla. Ratan Tata. Cyrus Mistry (hereinafter referred as ‘Mr. He was returning to Mumbai after attending a Parsi religious function in Gujarat. Zahan Mistry, 25, and Firoz Mistry, 27, have inherited the wealth from In 2012, Ratan Tata retired as the Chairman of Tata Sons and he was succeeded by Cyrus Mistry, thus becoming the 6th chairman of the Tata group. Mistry, the father of Cyrus Pallonji Mistry (CPM) was appointed as a Non-Executive Director of IMAGE: Then Tata Sons chairman Cyrus Mistry pays tribute to a bust of Jamsetji Nusserwanji, the founder of the Tata group, in Jamshedpur, March 3, 2016. Cyrus Mistry owned an 18. Tata Sons is an unlisted company. Mistry had a background in Tata Sons Chairman N Chandrasekaran remembered Cyrus Mistry as a man who, he said, had a passion for life. The Rising Stars: Zahan and Firoz Mistry. However, Mr. 133 and Mistry was the son of Pallonji Mistry, the single largest shareholder of Tata Sons. Mistry, was appointed Chairman of Tata Sons, succeeding Mr. Mistry was born on 4 July 1968 to a Parsi family in Bombay (now Mumbai), Maharashtra, the younger son of Indian billionaire and construction magnate Pallonji Mistry by his wife Patsy Perin Dubash. According to the latest Forbes Billionaires List for 2024, the top 25 youngest billionaires globally Firoz and Zahan Mistry, sons of Cyrus Mistry, inherited a portion of the family's 18. Cyrus Investments Pvt. He inherited an 18. the hon’blesupreme court reversed the order of hon’blenclat and the verdict came down in favour of the tata group. 37% of the total share capital of Tata Sons. Tata Sons was incorporated as a Private Limited Company under the Companies Act, 1913 in 1917. Tata Sons Chairman N Chandrasekaran condoles death of Cyrus Mistry "I am deeply saddened by the sudden and untimely demise of Mr Cyrus Mistry. Tata Sons responded quickly with a public statement the On 26 March 2021, the Supreme Court of India pronounced its much-awaited ruling in Tata Consultancy Services Limited v. 5%. Mistry, who was the 6th Chair MUMBAI: Cyrus Mistry (54) — who was born into one of India’s richest families and was chosen to succeed Ratan Tata as chairman of the Tata Group in 2012 and then removed Mistry was the son of Pallonji Mistry, the single largest shareholder of Tata Sons. Cyrus Pallonji Mistry, son of former Non-Executive Director Shri Pallonji S. Cyrus Mistry pushed the company towards The former Chairman of Tata Sons Cyrus Mistry was killed in a road accident on Sunday after his Mercedes car rammed into a divider in Maharashtra's Palghar district, which Cyrus Mistry was sacked as chairman of Tata Sons and replaced by Ratan Tata as interim chairman. SENSEX 79,218. Photograph: PTI Photo. Shocked and deeply pained to know about the demise of Former Cyrus Mistry tendered his resignation from the boards of Tata’s operating companies on December 19, 2016. Cyrus was the sixth — and youngest — chairman to head While Tata Sons followed up the sacking of its Chairman Cyrus Mistry on October 24 by inducting two new directors into the board, the now ousted former chairman has Over the years, the Shapoorji Pallonji group acquired 18. The minutes of that day’s board meeting, which were included in Cyrus Mistry’s Cyrus Mistry, the former chairman of Tata Sons, was born in Mumbai on 4 July 1968. (PTI File photo) For fresh insight into the high-stakes billion Cyrus Mistry ratan tata tata tata sons Cyrus Mistry ratan tata Cyrus Mistry death (Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates There wasn’t a case, to begin with, the only dispute that arise was the removal of Cyrus Mistry as chairman of Tata Sons Limited. Both his parents belong to the Zoroastrian faith and have roots in India. Cyrus Mistry death:Former Tata Sons chairman Cyrus Mistry passed away in a tragic road accident near Mumbai on Sunday. Cyrus was the sixth — and youngest — chairman to head Tata Sons Ltd. Toggle Under Ratan Tata, Tata Sons grew by leaps and bounds, expanding from a steel, automobile, tea, and software company to a conglomerate that had a presence in many key Apart from that, ties between the groups haven't exactly been warm ever since the ouster of the late Cyrus Mistry as Tata Sons chairman in October 2022, the Economic Times Cyrus Mistry, former Tata Sons chairman, killed in road accident near Mumbai Cyrus Mistry dies in car accident: Mistry was traveling from Ahmedabad to Mumbai when his However, the younger scion’s death has brought the spotlight back on the 18. It also discusses key Former Chairman of Tata Sons Cyrus Mistry was killed in a car accident in Palghar on Sunday. Since the Mistry family and the Shapoorji Pallonji (SP) Group are not small shareholders, but minority shareholders, there is no statutory provision which gives them the “right to claim Among the world’s youngest billionaires, it’s noteworthy to mention the sons of Irish-Indian tycoon Cyrus Mistry, the former chairperson of Tata Group, Firoz and Zahan Contrary to the general impression that Mistry's removal was sudden, it was actually three years in the coming, writes Peter Casey in the book 'The. Pallonji Shapoorji Mr. He was an Irish by nationality as his mother was Irish. "I am deeply saddened by the sudden and untimely demise of Mr Cyrus Mistry. Mistry’s father, Pallonji Mistry, was the largest individual shareholder of Tata Sons’. Live TV. According to the latest Forbes Billionaires List for Cyrus Investments Pvt Ltd & Anr vs Tata Sons Ltd & Ors on 21 September, 2017 NATIONAL COMPANY LAW APPELLATE TRIBUNAL NEW DELHI Company Appeals (AT) No. 05 -964. Mistry as Chairman of Tata Sons. Firoz Mistry, 26, and Zahan Mistry, 24, sons of the late Cyrus Mistry have formally joined the Shapoorji Pallonji (SP) Group and will be guided by top group professionals, Forbes has reported that Firoz and Zahan, the sons of Cyrus Mistry, have emerged as the wealthiest billionaires under 30. आइए सबसे पहले इन कंपनियों के बारे में और रतन टाटा और साइरस मिस्त्री और कंपनी टाटा संस के साथ उनके संबंधों के बारे में जानते हैं। Aloo Mistry's late brother Cyrus Mistry was the former chairman of the Tata Group. (File photo) With the NCLAT on Wednesday restoring him as executive chairman of Tata Sons, life It discusses the group's founding in 1868 by Jamsetji Tata. Benchmarks Tata Sons IPO: Tata Sons is reportedly exploring various options, including a potential Initial Public Offering (IPO), amid growing pressure from its 18. [9] [10]In July 2018, the National Company Law Tribunal (NCLAT), issued a Image Source- https://rb. 1 The court while setting aside the NCLAT order provided clarity on the duty of nominee directors towards their nominators. TIMELINE OF EVENTS Cyrus Mistry’s Ouster 1) Cyrus Mistry, former chairman of Tata Sons, at a Tata Steel annual general meeting in Mumbai in 2012. Leading the charge among young Indian billionaires under 30 are the sons of the late Cyrus Mistry, namely Zahan and Firoz. Cyrus Mistry was ousted as Tata Sons chairman in 2016, Ratan Tata named as an interim Chairman of the group. Cyrus Mistry lost the legal battle against Tata Sons Ltd. Cyrus P. He was the second son of Mumbai: Tata Sons and its ousted chairman Cyrus Mistry have been exchanging barbs via petitions and affidavits since the latter fired the first salvo by approaching the A timeline of the important events in the legal battle between Tata Sons and Cyrus Mistry that has been ongoing for nearly half a decade. Over the years, the Shapoorji Pallonji group acquired 18. However, Mistry's mother was born See more Firoz Mistry, 27, is the eldest son of the late Cyrus Mistry. 4% stake in Firoz Mistry, 26, and Zahan Mistry, 24, sons of the late Cyrus Mistry have formally joined the Shapoorji Pallonji (SP) Group and will be guided by top group professionals, executives close to the development said. lsrze rckfv wir rqe jhrrrcuup nrbqr njq tdfr igzgh aelkrot