Commercial ambition sole motive of Mistry, Tata tells Supreme Court

Grievance is only about his removal as chairman: Tata

Making an emotional appeal to the Supreme Court to reject Cyrus Mistry’s petition, the patriarch of the Tata group, Ratan Tata, said commercial ambitions of the former Tata Sons chairman were behind the dispute. Tata said it was about Mistry’s removal as a director from the Tata Sons board, and not the rights of minority shareholders.  

In his counter-affidavit filed with the apex court, Tata, 82, justified his actions as group chairman while acquiring companies like Corus Steel and Jaguar Land Rover, which Mistry had termed as “legacy hot spots” soon after he was removed from the group in October