Singhvi, Salve retained to advise Tatas

the last moment, and the lack of details and rationale in the official announcement.

There is also speculation on the reaction of the Mistry family, which controls 18.5 per cent of the shares in Tata Sons. Cyrus Mistry is married to Rohiqa Chagla, daughter of senior lawyer Iqbal Chagla. However, the Shapoorji Palonji group has denied media reports that they’d challenge the Mistry removal in the courts.

Earlier, former Union finance minister and senior advocate P Chidambaram and Mohan Parasaran, former solicitor general, were consulted before the board meeting that voted unanimously to replace Mistry.

There are also reports about opinion having been sought from former Supreme Court judge R V Raveendran.