Government is keeping a "close watch" on the developments relating to Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal said on Friday.
Meghwal, who is also a Minister of State for Finance, further said the Government has not received any representation from regulatory authorities like Sebi about this issue and would "take note" as and when Sebi asks it to look into the matter in future.
Tata Sons, the main holding company of over $100-billion conglomerate, earlier this week ousted Cyrus Mistry from the position of Chairman, while recalling his predecessor Ratan Tata as an interim Chairman.
This was followed by Mistry unleashing a scathing attack on the group and Ratan Tata through a letter written to the board of Tata Sons, which hit back a day later and refuted all the allegations.