Tata Sons files legal notice against ex-chairman Mistry

Send a link to a friend  Share

[December 27, 2016]  MUMBAI (Reuters) - Tata Sons on Tuesday filed a legal notice against Cyrus Mistry, accusing the former chairman of the Tata conglomerate of breaching confidentiality rules, according to a letter from Tata Sons' law firm seen by Reuters.

Tata Group Chairman Cyrus Mistry speaks to shareholders during the Tata Consultancy Services (TCS) annual general meeting in Mumbai June 28, 2013. REUTERS/Vivek Prakash

Tata Sons, in a two-page legal notice from its law firm, alleged that Mistry shared "confidential data, business strategies, financial information" related to Tata Sons.

Tata Sons, the holding firm for the $100 billion Tata conglomerate, intends to pursue all remedies available under the law in relation to the alleged confidentiality breach, the legal notice said.

A public relations agency representing Mistry said it had no comment.

Last week, Mistry began legal proceedings against Tata Sons.

(Reporting by Promit Mukherjee; Editing by Rafael Nam and Jane Merriman)

[© 2016 Thomson Reuters. All rights reserved.]

Copyright 2016 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Back to top