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Tata Sons shareholders to meet on Feb 6 to oust Mistry from board

Mistry resigned as director from all Tata Group companies and filed a case

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Tata Vs Mistry

P R Sanjai | Bloomberg 

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 ...

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First Published: Sat, January 07 2017. 01:02 IST
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