The Ratan Tata-Cyrus Mistry row is an institutional corporate battle says Abhishek Manu Singhvi, counsel for the Tata group
At the core of the ongoing boardroom battle at the $103-billion Tata group, one of India's most important corporate institutions, is a serious deficit of trust. How it plays out will have ramifications not just for group companies but also for Corporate India
The $103 billion-conglomerate appealed to shareholders to support the move to remove Mistry from operating companies. Failure to do so will jeopardize the cohesive synergy with which the Tata Group operates, it says
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Mistry strongly refutes Tata Sons version of his removal as chairman
Mistry says he is fighting to protect the group from 'capricious decision making', Tata says Mistry violated his own governance guidelines