With Mistry contesting the removal and initially digging in his heels against any move by Tata Sons to remove him from boards of operating companies like Tata Motors and Tata Chemicals, the two sides have traded charges and allegations on a daily basis in what is turning out to be India’s biggest boardroom feud.
“And these days are very lonely because the newspapers are full of attacks, most of them unsubstantiated but nevertheless very painful,” he said.
Mistry has since then quit the companies but not before filing a voluminous petition before the National Company Law Tribunal seeking suspension of Tata Sons board and restraining Ratan Tata from participating in any of the board meetings.