Tata Trusts challenges Chandrasekaran’s reappointment, questions Tata Sons listing argument
- Tata Trusts has challenged the validity of N Chandrasekaran’s reappointment as Tata Sons chairman for another five years.
- The Trusts said Tata Sons’ Articles require support from a majority of its two Trust-nominated directors for the appointment.
- Noel Tata voted against Chandrasekaran’s reappointment, while fellow Trust nominee Venu Srinivasan backed it.
- Tata Trusts said the chairman’s casting vote cannot override this requirement and called the September 17 resolution legally invalid.
Source: theprint.in
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