He later received a Bachelor's degree in Applied Sciences from the Coimbatore Institute of Technology, Tamil Nadu.

[9][10] In July 2018, the National Company Law Tribunal (NCLAT), issued a verdict in favour of Tata Sons on charges of mismanagement levelled by Mistry in 2016, two months following his ousting as chairman through a vote of non-confidence.

[12] In December 2019, the Tribunal reinstated Mistry as the Chairperson of Tata Sons for his remaining term, and declared that the appointment of Chandrasekaran as executive chairman was illegal.

[14] Mistry stated that he would not return to the Chairmanship of the conglomerate, but was interested in reserving his seat in the company's board.

[citation needed] He has also been named one of the best CEOs of the year by the Institutional Investor's Annual All-Asia Executive Team rankings (2010-2015)[22] and Business Today (2013-2015).

[citation needed] In March 2022, the Government of India honoured him with Padma Bhushan for excellence in Trade and Industry.