Mistry Asks Indian Tribunal To Block His Removal From Tata Sons Board

One America News Network | 6/28/2013 | Staff
leeann77 (Posted by) Level 3
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MUMBAI (Reuters) – Cyrus Mistry, the ousted chairman of India’s Tata Sons, sought to block the company from removing him from its board in a petition filed with a national tribunal on Wednesday.

Tata Sons has called an extraordinary general meeting on Feb. 6 to remove Mistry from its board.

Conglomerate - Mistry - Chairman - October - Spat

The $100 billion conglomerate ousted Mistry as chairman in October, sparking a bitter public spat, but he remains a director.

Tata Sons is the holding company of listed Tata group companies in a business empire ranging from Jaguar Land Rover and steel mills to aviation and salt pans.

Mistry - Removal - Board - National - Company

Mistry contested his removal from the board in the National Company Law Tribunal (NCLT), a quasi-judicial body that deals with corporate grievances in India.

In a filing seen by Reuters, Mistry said that, by moving to remove...
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