So Cyrus Mistry was fired by Tata Sons this evening. Clearly, this would not have happened without seeking enough legal advice. But according to Cyrus and Shapoorji Pallonji, this termination is illegal and he would be moving the Bombay High Court tomorrow.
So here is a roundup of what we know.
Harish N Salve and Abhishek Manu Singhvi have been asked to represent the Company, Tata Sons.
Prior to the removal, Former Finance Minister and Senior Advocate P. Chidambaram, Former Solicitor General Mohan Parasaran and Former Supreme Court Judge RV Raveendran were consulted reported Financial Express.
According to Sreenivasan Jain of NDTV:
He also tweeted:
Cyrus Mistry is the son in law of Senior Advocate Iqbal Chagla.
AZB & Partners has consistently represented Tata Sons on a variety of deals and court cases in the past. Recently Docomo vs Tata Teleservices was also represented by AZB & Partners.
Read our old interview with Bharat Vasani, Group General Counsel of Tata Sons.