• Friday, March 29, 2024

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Former chairman Cyrus Mistry launches legal battle against Tata Sons

Cyrus Mistry

By: Eastern Eye Staff

Cyrus Mistry, the ousted former chairman of Indian conglomerate Tata, took his battle against former employer Tata Sons to court Tuesday (20), one of his spokesmen said. Mistry filed a suit against Tata Sons in the National Company Law Tribunal, a quasi-judicial body that hears corporate grievances, a day after he resigned from all of the Tata Group’s listed companies. The allegations listed in his petition include the oppression of minority shareholders and mismanagement of the company, Adnan Syed, said a spokesman for Mistry. Tata said in a statement it was in consultation with its lawyers and would contest the…

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