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Asian Journal of Multidimensional Research (AJMR)
Year : 2019, Volume : 8, Issue : 1
First page : ( 55) Last page : ( 74)
Online ISSN : 2278-4853.
Article DOI : 10.5958/2278-4853.2019.00005.3

Removal of cyrus mistry from tata group-A study of legal provisions

Dr. Kaur Jaspreet1, Ms. Gupta Meenu2

1Assistant Professor, Sri Aurobindo College of Commerce and Management, Village Jhande, P.O. Threeke, Ferozepur Road, Ludhiana, Punjab, India Email id: jas_2347@rediffmail.com

2Assistant Professor, Sri Aurobindo College of Commerce and Management, Village Jhande, P.O. Threeke, Ferozepur Road, Ludhiana, Punjab, India. Email id: gupta.meenu08@gmail.com

Online published on 16 February, 2019.

Abstract

The sudden removal of Cyrus Mistry from Tata group, India's largest conglomerate is a classic example of management clash over strategy, leadership style and corporate structure. In 2011, Cyrus Mistry was appointed as the chairman of Tata Group. But in 2012 Mistry alleged that the board altered the company's articles of association to limit the chairman's power. On the other hand, media reports asserts that the group was not satisfied with the performance of Cyrus Mistry. The Tata Sons and Cyrus Mistry conflict that has gone to court has been one of the complexed corporate conflict seen in Indian corporate sector. With the case unfolding every day, we plan to design a case study dealing with The Facts Related to Conflict between the Tata Sons and Cyrus Mistry In Detail & the legal issues involved in it.

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Keywords

Articles of Association, Conflict, Conglomerate, Corporate Structure, Leadership Style, Legal Issues, Management Clash, Removal.

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