The 27-year-old flew to Argentina without the permission of the club last week further straining already tense relations after the furore following claims he refused to go on as a substitute during a Champions League match with Bayern Munich.
City instructed their lawyers to take action following last week's absence and Tevez was meant to turn up for a meeting with the club on Monday.
Discussions had taken place between high-ranking City officials and Tevez, and his advisors, over the weekend.
City last month fined Tevez four weeks' wages -- later reduced to two -- for five breaches of contract relating to his behaviour during the club's 2-0 defeat at Bayern Munich on September 27.
Tevez had been accused of refusing to appear as a substitute but the player denied those claims, insisting he had only declined a request to warm-up on the grounds that he had already done so.
City manager Roberto Mancini vowed Tevez was "finished" at the club but recent reports in England and Italy have suggested the Argentinian may continue to play at Eastlands if he apologises to his team-mates.
Source: AFP
Source: AFP