Big battle: Tata Sons Board reappoints Chandra, moves to list firm; 'illegal', say Trusts
Tata Trusts declared N Chandrasekaran's reappointment as Tata Sons chairman illegal, citing Noel Tata's opposition. This dispute follows the Reserve Bank of India's rejection of Tata Sons' bid to surrender its core investment company status. The board's decision to list the company now faces legal challenges, adding uncertainty to the succession process.