Sunday, 25 December 2016

Wadia files criminal suit against Tatas

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Nusli Wadia, the former independent director on the board of Tata Steel and Tata Motors, on Friday filed a criminal defamation suit against Tata Sons Interim Chairman Ratan Tata, the company and its directors. Larsen & Toubro Chairman A M Naik, Godrej group director Tania Godrej-Dubash will be among others who would be witnesses to Wadia’s good character.

Econnomic news : 


The suit has been filed, in the court of additional chief metropolitan magistrate, against a special notice to remove Wadia from the boards of the Tata firms for purportedly acting in concert with former Tata Sons chairman Cyrus Mistry and galvanising other directors against the Tatas. 

It said all the accused, individually and collectively, have defamed Wadia by circulating false, baseless and libellous material about him with the sole intention of lowering his reputation. Wadia said the special notices were sent on the letterhead of Tata Sons and have been signed by F N Subedar, chief operating officer and company secretary of Tata Sons. All directors of Tata Sons have been made accused except Mistry and Farida Khambata.

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