AirAsia case: Cyrus Mistry hits back at Tata Trusts' head Venkataramanan

Mistry and Venkataramanan have been involved in an ugly public spat since the legal fight began between the ousted chairman and Tata Sons

Cyrus P Mistry, former chairman of Tata Sons, has rebutted some recent allegations made by R Venkataramanan, managing trustee, Tata Trusts. The latter’s “questionable motives”, he added, were bringing disrepute to the Tata group and Tata Trusts. 

Venkataramanan’s argument that he was only a non-executive director without any responsibility was “totally without any merit”. The board of directors at Tata Sons, holding company of Tata Group, and the Tata Trustees needed to concern themselves over the decline in governance standards at AirAsia India as evident from the latest revelations, he has said. “The actions or lack thereof that the board of