Tatas File 4 Caveats Against Cyrus Mistry In Supreme Court, Bombay HC, Company Law Tribunal

New Delhi: A day after Cyrus Mistry was shown the doors, several allegations and counter allegations followed. Tata Group on Tuesday filed caveats in Supreme Court, Bombay High Court and National Company Law Tribunal (NCLT) to prevent ousted Tata Sons Chairman Cyrus Mistry from getting an ex-parte order against his sacking. According to sources, the Tatas don't want any court to pass any ex-parte orders without hearing their side of the story.

Meanwhile, reports spread in the makret that Cyrus Mistry too filed three caveats against Ratan Tata, Tata Sons and Sir Dorabji Trusts. Cyrus Investments Pvt Ltd filed one caveat against Ratan Tata and Tata Sons. However, Mistry ruled out these reports.

According to sources, the Tatas don’t want any court to pass any ex-parte orders without hearing their side of the story.

They have pleaded to be heard before the court passes any interim order like stay on Mistry's sacking, a source said. Earlier in the day, interim Chairman Ratan Tata had asked senior management of the conglomerate's firms to focus on their businesses without being concerned about the top level change.

In a sudden and dramatic turn of events, Mistry was yesterday sacked as Chairman of India's largest conglomerate Tata Group. Afternoon, several publications reported that Cyrus Mistry too filed three caveats against Ratan Tata, Tata Sons, Sir Dorabji Trusts, while one caveat was filed by Cyrus Investments Pvt Ltd against Ratan Tata and Tata Sons. These caveats were filed through leading law firm Amarchand Mangaldas. But, Mistrty released a statement ruling out any caveat filing.

Source: PTI