Tata Trusts challenge use of ‘casting vote’ for Chandra reappointment
Tata Trusts challenged the reappointment of N Chandrasekaran as executive chairman of Tata Sons, citing an 'illegal' use of a casting vote. The Trusts, which hold 66% of Tata Sons, noted a split vote among their nominee directors, with one supporting and one opposing the reappointment. The Trusts are questioning the legitimacy of the board's decision, which extends Chandrasekaran's term until February 20, 2027.