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Cyrus Mistry Fired News
Cyrus Mistry Fired
Cyrus Mistry appeals against NCLT rejecting waiver plea in Tata case
Fri, Apr 21, 2017
They had urged the NCLT to use its discretion and waive an eligibility condition for filing such a petition.
Setback for Cyrus Mistry: NCLT dismisses petition
Mon, Apr 17, 2017
This is the fifth time the company law tribunals rejected reliefs requested by Shapoorji Pallonji Group companies and former Tata Sons chairman Cyrus Mistry.
Mistry camp pleads NCLT to waive shareholding requirement
Wed, Jan 25, 2017
The Section 244 of the Company's Act 2013, enables any member or members holding not less than one-tenth of the issued share capital of the company to file a petition.
Ratan Tata personally asked Mistry to resign before ouster
Mon, Jan 09, 2017
Tata Group patriarch Ratan Tata had personally asked Cyrus P Mistry to resign as chairman of Tata Sons as the board had lost faith in him, but his refusal led to the removal via majority vote.
Removal from Tata Teleservices not surprising, Mistry says
Thu, Dec 15, 2016
After being ousted from the third Tata Group company, Cyrus Mistry, former chairman of Tata Sons on Wednesday said that his removal was anticipated.
Over 70% non-promoters voted against my removal or abstained: Mistry
Wed, Dec 14, 2016
Cyrus Mistry, former chairman at Tata Sons, who was also ousted from Tata Consultancy Services (TCS) responded to his ‘vote out’ with a thank you letter to the shareholders.
TCS says goodbye to Cyrus Mistry
Tue, Dec 13, 2016
Shareholders of Tata Consultancy Services (TCS) on Tuesday moved to remove Cyrus Mistry as its director. In an EGM held in Mumbai, 2450 shareholders of 93.11% shares in TCS voted to remove Mistry. 6.89% shares were against the resolution of Tata Sons to remove Mistry.
TCS board in unanimous agreement to remove Cyrus Mistry at EGM
Tue, Dec 13, 2016
The Board of Directors of Tata Consultancy Services (TCS) at the extraordinary general meeting (EGM) held on Tuesday told shareholders that the board is in agreement to remove Cyrus Mistry.
Mistry makes last ditch attempt to sway Tata shareholders
Tue, Dec 13, 2016
Before the extraordinary general meeting (EGM) of Tata Consultancy Services commenced on Tuesday to cast out Cyrus Mistry from its board, the already ousted chairman wrote to the shareholders in a final appeal to change their minds.
Mistry accuses Tata Sons’ Vijay Singh of being involved in Agustawestland scam
Mon, Dec 12, 2016
Nominee director, Vijay Singh has been accused by ousted chairman Cyrus Mistry on Sunday of playing ‘a key role’ in the AgustaWestland VVIP chopper scam.
Tata Tele EGM on December 14 to remove Mistry as Director
Thu, Dec 08, 2016
Tata Teleservices Ltd, the unlisted Tata Group firm, has called a shareholders' meeting on December 14 to consider holding company Tata Sons' proposal to ouster Cyrus Mistry as director.
Only 5-minute warning given before sacking me, Mistry says
Thu, Dec 08, 2016
Remembering the ‘unprecedented’ events that occurred on October 24, a statement from Cyrus Mistry’s office said that he was given just a five minute warning before he was shown the door.
Mistry is violating his self-propounded rules, not us, says Tata Sons
Wed, Dec 07, 2016
In yet another move to exile the already ousted Cyrus Mistry, Tata Sons pointed out on Tuesday night that Mistry is violating the guidelines that at one time he had advocated for.
Tata Power to shareholders: Brand 'Tata' more important than Mistry
Tue, Dec 06, 2016
In an attempt to remove Cyrus Mistry, ex-chairman of Tata Sons, Tata Power has asked its shareholders on Tuesday to vote out the already ousted chairman for fear of loss of the company’s brand.
Mistry urges shareholders to define the future at Tata Group
Mon, Dec 05, 2016
Cyrus Mistry saga continued on Monday with the ousted chairman writing a 14 page letter to shareholders before the upcoming EGMs, questioning the governance methods of the Tata Group.
Tata Global board meet repeats illegality incident of Tata Sons, alleges Cyrus Mistry
Wed, Nov 16, 2016
After being voted out of the board of directors from the Tata Global Beverages Ltd (TGBL) on a majority vote, Cyrus Mistry on Tuesday night said that it was just a repeat of the illegality that took place at the Tata Sons board meet.
Cyrus Mistry questions Ratan Tata on Radia, Piaggio
Tue, Nov 15, 2016
Tata Sons also paid princely sums on account of cost of PR that was also used for Tata Trusts, corporate jets and Ratan Tata’s office cost. Ratan Tata had questionable investments in Piaggio of which the company incurred a loss of Rs 1,150 crore
Questioning independent directors is unfortunate, Cyrus Mistry says
Mon, Nov 14, 2016
Ousted Tata chairman, Cyrus Mistry, on Sunday night listed the number of independent directors that were being questioned by Tata Sons ‘for undertaking their fiduciary duty of protecting the shareholders of the companies of which they serve.’
Mistry's continued chairmanship costs Tata Chemicals Bhaskar Bhat
Fri, Nov 11, 2016
In a BSE filing on Friday, Bhaskar Bhat the Non-executive and Non Independent Director on the board of Tata Chemicals resigned with effect from November 10. Bhat’s resignation has come in protest to Cyrus Mistry’s continued remainder on the board of the company.
After Indian Hotels, Tata Chemicals board reposes faith in Cyrus Mistry
Thu, Nov 10, 2016
Tata Chemicals is the second company after Indian Hotels where independent directors have posed full faith in Mistry.