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cyrus mistry himself sought guidance from ratan tata, says tata's counsel

cyrus mistry himself sought guidance from ratan tata, says tata's counsel Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



cyrus mistry himself sought guidance from ratan tata, says tata's counsel

contesting allegations of "mismanagement" at the group, tatas on friday said former chairman cyrus mistry himself had suggested pre-consultation with his predecessor ratan tata to seek on draft corporate governance code. "mistry sought guidance...and after his removal, these acts were deemed as oppressive," tata sons' counsel abhishek manu singhvi told the national company law tribunal here, which is hearing petitions filed by two firms controlled by the mistry family against the tata group. the petitions have alleged "mismanagement" in the tata group and "oppression" of minority share-holders. mistry had instructed tata group companies to share information (with ratan tata), the lawyer said. a month before his dismissal as chairman, mi...