Ratan Tata interferes in all decisions, thinks himself as the chairman who never retired: Cyrus Mistry
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The bitter public feud between Ratan Tata and Cyrus Mistry is still continuing and recently former Tata Sons Chairman Mistry, in a fresh affidavit filed in the National Company Law Tribunal, said Tata saw himself as a "chairman who never retired”.He said that Tata, by virtue being the chairman of the Tata Trusts, always insisted on interfering in all the major decisions. The Trusts owns two-thirds of
In the affidavit, Mistry said some of the rules were changed just to ensure that certain decisions were made with the concurrence of the
Mistry said he had shared a note on new corporate governance with Tata in August 2016 and placed it with the board a month later as an agenda for its meeting on October 24.
Mistry, to prove the constant interference, claimed it was Tata’s idea to sue joint venture partner Docomo for defamation as the Japanese telecom firm was tarnishing the image of the group.
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