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Cyrus Mistry ouster: Is he seeking an appointment with PM Modi?

Tatas yesterday filed caveats in the Supreme Court, Bombay High Court and the National Company Law Tribunal against Cyrus Mistry moving for relief against his ouster as Chairman.


Cyrus Mistry ouster: Is he seeking an appointment with PM Modi?

Zee Media Bureau

New Delhi: With Ratan Tata taking over as interim Chairman of Tata Sons after the ouster of Cyrus Mistry, various reports have surfaced on seeking legal recourse by the latter.

One such report was that Mistry might seek an appointment with PM Modi to present his case.

The TOI report said, “Cyrus Mistry might seek an audience with Prime Minister Narendra Modi in New Delhi to argue his case against his dismissal.”

Tatas yesterday filed caveats in the Supreme Court, Bombay High Court and the National Company Law Tribunal against Cyrus Mistry moving for relief against his ouster as Chairman.

In a bid to prevent Mistry from getting any ex-parte relief from any legal forum, Tata Sons and a Tata Trust, among others, filed the caveats that they should be heard before grant of any relief to the ousted Chairman.

The petitions included one by Ratan Tata and others against Mistry.

Soon after his removal on Monday evening, sources had said Mistry may challenge the decision by Tata Sons' board to replace him with Ratan Tata.

"They (Tatas) have pleaded to be heard before the court passes any interim order like stay on Mistry's sacking," a source said.

Earlier there was confusion over reports that Mistry had filed caveats, which was denied by his office.

A statement from Mistry's office said, "A caveat is a notice filed by a party fearing legal action seeking notice before action. Tatas have filed caveats seeking notice from Cyrus Mistry fearing legal action. Cyrus has not filed any caveats. He has already made a statement that such concerns are misplaced at this stage."

With PTI Inputs

From Zee News

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