Cyrus Pallonji Mistry’s near unceremonious removal as chairman of the Tata group of companies is now set to turn into an extended legal battle.
The removal has been followed by bitter outbursts from the ousted chairman who even wrote a scathing five-page letter to the board thus transforming a boardroom feud into a public row.
Interim chairman Ratan Tata and his team have moved to file caveats in Bombay High Court, Delhi High Court and the National Company Law Tribunal as a preventive measure from any legal action that Mistry may initiate. Mistry has not announced any legal action yet and hasn’t filed caveats either.
While this mother of all legal troubles is brewing, here are the other run ins with the law the $104 billion salt-to-software conglomerate had to deal with in 2016