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Tatas asks Nusli Wadia to withdraw legal notice

Tata Sons said there was no legal or other requirement for it as a shareholder to provide any reason for seeking his removal

Press Trust of India  |  New Delhi 

As the boardroom battle rages on, Tata Sons has asked Nusli Wadia to withdraw his legal notice, saying there was nothing vindictive in its resolution seeking his removal as independent director on the board of group firms. Tata Sons, holding company of the $103-billion salt-to-software group, is seeking to remove Wadia from the boards of Tata Steel, Tata Chemicals and Tata Motors, for allegedly galvanising independent directors against the Tatas and acting in concert with estranged chairman Cyrus Mistry. Wadia, on his part, has served legal notices, threatening to initiate ...

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