Tatas reject Mistrys' settlement offer to divide Tata Sons' assets

Tata Sons' counsel, Harish Salve said the Mistrys are seeking division of assets including 18.4 per cent stake in Tata brand

Just two days after the Tata group had told the Supreme Court that the Mistry family stake in Tata Sons was estimated at 70,000- 80,000 crore against the other camp’s Rs 1.75-trillion valuation, its counsel has rejected the Shapoorji Pallonji (SP) group’s proposal of dividing the assets of the salt-to-software conglomerate.     
 
Tata Sons counsel Harish Salve said in the top court on Thursday that the Mistrys were seeking division of assets including 18.4 per cent stake in the Tata brand. “How can Mistry be rewarded for damaging the Tata brand? The court can only ask Tata to buy out