Return all confidential papers: Tata Sons to Mistry

TIL Desk/Business/New Delhi/ After accusing former chairman Cyrus Mistry of breaching confidentiality rules, Tata Sons today asked the ousted chairman to return all classified papers and sign an undertaking within 48 hours that he would not disclose such information in future.

In a second legal notice in three days, Tata Sons alleged that Mistry had “wrongfully and dishonestly” taken confidential information out of the company premises without consent. It asked him to “immediately return to the company all confidential information” in his possession and “not retain copies” of the same.

Asking him to cease from use or disclosure of confidential information, the holding company of the USD 103-billion salt-to-software group also asked Mistry to sign an undertaking within 48 hours that he “shall preserve the confidentiality of all the confidential information and not use or disclose” to anyone, including affiliates, relatives and family members.