- Ratan Tata challenged Wadia's case to Bombay High Court
- Wadia had filed case against 8 directors of Ratan Tata, N Chandrasekharan and Tata Sons
- Wadia Group chairman had said that in 2016 Ratan Tata and others were calling outrageous words
- Wadia was included as an independent director in the companies of Tata Group in 2016.
Jul 22, 2019, 07:13 PM IST
Mumbai. The Bombay High Court canceled the case of criminal defamation against Tata Sons chairman Ratan Tata, current chairman N Chandrasekharan and 8 directors on Monday. Wadia Group chairman Nusli Wadia had filed a lawsuit in the magistrates' court in 2016. In December 2018, the court issued notices to Ratan Tata and others. Others, including Ratan Tata, challenged the case in the High Court.
Shareholders of Tata Group companies voted against Wadia
Wadia had said that after the removal of Cyrus Mistry from Tata Sons as on October 24, 2016, Ratan Tata and the rest of Tata Group were saying abusive words against me. I was accused of meeting with Mistry. I was not satisfied with the reply of Ratan Tata and others. That's why the magistrate did the case in court.
Wadia was included as independent director on the board of other companies including Tata Group's Indian Hotels, TCS, Tata Motors and Tata Steel in 2016. In the meetings between December 2016 and February 2017, the shareholders voted against Wadia and voted them out.
Ratan Tata's lawyer Abhishek Manu Singhvi argued that in the hearing in the High Court on Monday, Wadia made a case of defamation because of the disappointment in the corporate dispute. He is a supporter of Cyrus Mistry.