Tata Sons will have to appoint a new chief compliance officer (CCO)
Banerjjee brings to Rezolve more than 22 years of experience in senior roles
The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016
In an interview, Piramal Group chairman said he would not hesitate to step down from Tata Sons board if there is a sense of conflict of interest after his acquisition of DHFL
Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance
The shareholders will vote on the proposal on September 14 at the company's annual general meeting
Now the Mistrys are not getting even a board seat on Tata Sons, and the court has left it to both parties to negotiate the exit price of Mistrys
Tata Group's holding company ends FY21 with higher stake in key arms
FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance projects
Given that the relations between Ratan Tata and Cyrus Mistry are probably beyond repair, would Mistry even want to return to work at Bombay House, as the headquarters are known?
In the last five years, Tata Sons has cumulatively earned around Rs 62,500 crore as equity dividend
Ratan Tata's counsel says relationship between SP Group and Tata Trusts 'irretrievably broken and cannot co-exist'
Holding company board has four group executives, seven outsiders