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Companies & Markets

Tata Sons files legal notice against ex-chairman Mistry

Published Tue, Dec 27, 2016 · 11:52 AM
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[MUMBAI] Tata Sons on Tuesday filed a legal notice against Cyrus Mistry, accusing the former chairman of the Tata conglomerate of breaching confidentiality rules, according to a letter from Tata Sons' law firm seen by Reuters.

Tata Sons, in a two-page legal notice from its law firm, alleged that Mr Mistry shared "confidential data, business strategies, financial information" related to Tata Sons.

Tata Sons, the holding firm for the US$100 billion Tata conglomerate, intends to pursue all remedies available under the law in relation to the alleged confidentiality breach, the legal notice said.

A public relations agency representing Mr Mistry said it had no comment.

Last week, Mr Mistry began legal proceedings against Tata Sons.

REUTERS

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