Last 24 hours have been pretty much like a roller coaster ride for anyone associated with Tata Sons. In a surprising move, Cyrus Mistry was ousted right after the board meeting took place.
Moments after the decision came out, there were speculations that Mistry might take a legal route against Tata Sons and the board of directors for abruptly sacking him from the post, however, Cyrus Mistry has finally broken his silence with a press statement which said that the former chairman of Tata Sons is not going to sue Tatas.
His press statement, which is yet to come out in public stated that the developments over last 24 hours have been sensitive if not surprising and that a public statement would be issued when there is a need of the same.