Tata Group Chairman Ratan Tata and Deputy Chairman Cyrus Mistry attend the launch of a new website for tech superstore Croma, managed by Infiniti Retail, a part of the Tata Group, in Mumbai, India April 23, 2012. PHOTO: REUTERS
"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.
Everyone knows where intolerance in India is coming from: Ratan Tata
On Monday Tata Sons announced Mistry's removal as chairman with company patriarch Ratan Tata taking over while a permanent replacement is sought.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ