Ratan Tata Met Cyrus Mistry Before Board, Asked Him To Quit: Tata Lawyer

PUBLISHED ON: October 25, 2016 | Duration: 10 min, 52 sec

  
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Hours before the board of the Tata Group met to dismiss Cyrus Mistry as Chairman, the 48-year-old reportedly had a private consult with Ratan Tata where he was asked to quit. At that session, "Cyrus was put on notice" by Mr Tata, who has replaced Mr Mistry as Chairman, and Nitin Nohria, a member of the board who is also the dean of Harvard Business School, shared Mohan Parasaran, one of three lawyers who advised the Tata conglomerate about how to remove Mr Mistry. "Ratan Tata, Nohria persuaded Cyrus to step down but he had his own views...so Cyrus can't say a sudden surprise was sprung upon him," said Mr Parasaran.
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