 "Ousted chairman of Tata Sons Cyrus Mistry. Photo: PTI")
Tata Sons Ltd, the holding company of India’s largest conglomerate, has called for an extraordinary general meeting on February 6 to oust former chairman Cyrus Mistry (pictured) from the board of the closely held firm, according to a company spokesman.
Mistry, whose family owns 18.5 per cent of Tata Sons, resigned as director from all Tata Group companies and filed a case with the National Company Law Tribunal, alleging trustees led by Interim Chairman Ratan Tata were causing a complete breakdown of corporate governance at Tata Sons. Tata Trusts — a philanthropic group of bodies endowed by the Tata
Mistry, whose family owns 18.5 per cent of Tata Sons, resigned as director from all Tata Group companies and filed a case with the National Company Law Tribunal, alleging trustees led by Interim Chairman Ratan Tata were causing a complete breakdown of corporate governance at Tata Sons. Tata Trusts — a philanthropic group of bodies endowed by the Tata
