The attempt of the Tata camp could possibly be to block a vote of confidence for Cyrus Mistry
The Group companies which S&P rates are Tata Steel UK Holdings Ltd, Tata Steel, Tata Power, Tata Motors, JLR Automotive and TCS
The legal notice warned of initiating legal proceedings, both civil and criminal, if he fails to apologise
Mistry conduct has caused enormous harm to the Tata Group, IHCL and its stakeholders, including employees & shareholders, says Tata Sons
Questioning the role of independent directors astonishing, says statement
SES questions role of Indian Hotels IDs
The two would meet at the Tata Sons board meeting in the same 4th floor boardroom, where Mistry was replaced on Oct 24
Ratan Tata's strategy to derisk the group's portfolio by going global has ended up creating significant exposure to the European Union, which is the world's slowest growing market
Mistry was kept in the dark over new appointees till a few minutes before the AGM, say sources
For recovery of Rs 694 cr from C Sivasankaran, who invested in Tata Teleservices in 2005 but defaulted on his payment to Tata Sons
The company issued a nine page letter about Cyrus Mistry and his allegations
It is evident that the group under Mr Mistry's leadership was intolerant to critical reports about the actions taken under his aegis, says the company
Group indebtedness has increased by Rs 69,877 crore to Rs 2.26 lakh crore in four years
Bhat had also expressed his displeasure over the continuation of Cyrus Mistry as chairman
This came after Mistry said he was a 'lame duck' chairman as shackles around him and interference left him powerless
Only last week IHC's independent directors had shown their faith in Mistry's leadership
Believe Tata Motors and TCS offer good potential regardless of leadership
Ongoing feud between the Tata group and Mistry will have operational implications, warns IiAS
S Padmanabhan will oversee human resources department; Harish Bhat to manage Tata Brand
Experts analyse the role of independent directors in such conflict situations