Tuesday, 6 December 2016

Nusli Wadia ropes in Fali Nariman as legal advisor

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The bitter boardroom battle between Cyrus Mistry and Ratan Tata has also dragged Nusli Wadia in a web of controversies. When Wadia expressed confidence in Mistry's Chairmanship, things changed between the old friends- Wadia and Tata. Wadia saw the repercussion of supporting Mistry when on November 11, when his removal was sought as Director of Tata Steel , Tata Chemicals and Tata Motors . 

The tussle prolongs and sources say that Wadia has roped in Fali Nariman as legal advisor. Nariman is an Indian Constitutional Jurist. He will advise Wadia on Tata decision to remove him as Director. He will also ready legal fight against Tatas over EGM notice.

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