Now, Cyrus Mistry denies filing caveats against Tata trusts

Cyrus Mistry, the ousted chairman of Tata Sons, has denied filing four caveats against Ratan Tata and Dorabji Tata Trust at the National Company Law Tribunal, according to TV reports.

The denial comes after Tata Sons filed caveats in all courts including the National Company Law Tribunal.

A caveat is filed in courts as a preventive to ensure that courts do not issue any ex-parte orders, and should not hear any matter without allowing the other side to appear.

"There is a risk of a closed-door appeal," said a Delhi High Court lawyer. Mistry could have asked courts to stay further appointment of directors or changes in management, which now the court cannot approve without listening to Tata's arguments.

It was earlier reported that Cyrus Mistry filed four caveats at the Companies Law Tribunal a day after he was removed as Tata Sons Chairman. Three of the caveats filed by Mistry were against Ratan Tata, Tata Sons, Sir Dorabji Trusts. The remaining one caveat was filed by Cyrus Investments Pvt Ltd against Ratan Tata and Tata Sons.