Tata Sons welcome SC dismissal of review petition by Sapoorji Pallonji group

NEW DELHI: Veteran industrialist Ratan Tata and Tata Sons on Thursday welcomed the Supreme Court's dismissal of a plea of the Sapoorji Pallonji (SP) group seeking a review of the verdict that upheld the Tata group's removal of Cyrus Mistry as chairman of Tata Sons. Reacting to the development, in a statement Tata, who is the chairman Emeritus said, "We would like to express our grateful appreciation of the judgement passed and upheld by the Supreme Court today."In a separate statement Tata Sons said: "We welcome today's order of the Hon'ble Supreme Court with humility. It reaffirms, once again, Tata Group's position which was upheld by a unanimous judgment last year.