Cyrus Mistry denies filing "caveats"

MUMBAI (Reuters) - Former chairman of Tata Sons Cyrus Mistry has denied filing any "caveats" against his former company.
"A caveat is a notice filed by a party fearing legal action seeking notice before action. Tatas have filed caveats seeking notice from Cyrus Mistry fearing legal action. Cyrus has not filed any caveats. He has already made a statement that such concerns are misplaced at this stage," a statement issued by Cyrus Mistry's office said on Tuesday.
On Monday Tata Sons announced Mistry's removal as chairman with company patriarch Ratan Tata taking over while a permanent replacement is sought.
(Reporting by Promit Mukherjee; Editing by Greg Mahlich)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Oct 25 2016 | 5:32 PM IST
