Mistry's petition challenged his dismissal as chairman of the business conglomerate, and also highlighted alleged operational mismanagement.
Mistry was removed as executive chairman of Tata Sons, on October 24, 2016 by its board.
Through his investment firms-Cyrus Investments Pvt. Ltd and Sterling Investment Corp. Pvt. Ltd, Mistry had filed a petition before the NCLT under Section 241 and Section 242 of the Companies Act, which deal with oppression and mismanagement.
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