Nusli Wadia Files Defamation Suit Against Tata Sons In Bombay High Court

Industrialist Nusli Wadia today filed a defamation suit against Tata Sons in the Bombay High Court, seeking damages for harming his reputation while proposing to remove him as an independent director of three of Tata Group companies.

The suit is expected to come for hearing in due course, according to the High Court website.

Mr Wadia has sought crores of rupees in damages, but its quantum is not known immediately.

The suit comes in the wake of the special notice seeking removal of Wadia as independent director of three Tata companies. Mr Wadia has claimed the notice was defamatory to him.

Earlier, Mr Wadia had served three legal notices to Tata Group, seeking to initiate criminal and civil actions against Tata Sons and its directors for his proposed removal.

No immediate reaction was available from Tata Group.

Yesterday, four minority shareholders of Tata Group firms had moved the High Court challenging proposed removal of Mr Wadia.

The three Tata companies, on a direction of Tata Sons, have called Extraordinary General Meetings (EGMs) to remove Mr Wadia from their boards under the section 169.

Last week, another group of minority shareholders of Tata companies moved the High Court claiming damages from Tata Sons' interim chairman Ratan Tata and others for losses suffered by investors after shares of group companies fell following Cyrus Mistry's sacking.