MUMBAI Dec 20 Tata Sons' ousted chairman Cyrus
Mistry ratcheted up his battle versus the $100 billion
software-to-salt conglomerate with the commencement of legal
proceedings against the company on Tuesday, two sources familiar
with the matter said.
The move comes a day after Mistry's surprise move to resign
from the boards of all listed Tata companies.
The legal proceedings have commenced with the filing of a
petition at the National Companies Law Tribunal (NCLT), a
quasi-judicial body that deals with corporate grievances in
India, the sources said.
Mistry has filed a petition under sections 241 and 242 of
the Companies Act of 2013 that deal with shareholder oppression
and mismanagement, said one of the sources.
(Reporting by Promit Mukherjee, editing by Euan Rocha and