In his five-page angry letter to the board members of Tata Sons and the trustees of the group, Mistry said that a realistic assessment of the fair value of the "legacy hotspots" like IHCL, Tata Motors PV, Tata Steel Europe, Tata Power Mundra and Teleservices could "potentially result in a write down over time of about Rs 118,000 cr...
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Mistry was said to be in consultation with senior lawyers, even as the Tata Group moved caveats in the Supreme Court, the Bombay High Court and the National Company Law Tribunal. ...