Noel Tata’s ‘No’ vote makes Chandrasekaran’s extension invalid: Ex-CJI Chandrachud
Former Chief Justice of India DY Chandrachud stated that Tata Sons Chairman N Chandrasekaran's five-year extension is invalid due to Noel Tata's dissenting vote. Chandrachud emphasized that the affirmative support of Tata Trusts' nominee directors is necessary for legal validity, and a casting vote cannot substitute for a missing majority. This ruling may impact corporate governance at Tata Sons.