Tata Trusts calls Chandra reappointment invalid as Singhvi warns dispute may turn legal

New Delhi, Sep 20 (PTI) The Tata Trusts has challenged the validity of Tata Sons’ September 17 decision to reappoint N Chandrasekaran as chairman, arguing that the company’s Articles of Association require affirmative support from a majority of its Trust-nominated directors and that a chairman’s casting vote cannot override that condition.

The boardroom battle at India’s largest conglomerate escalated last week after Tata Sons’ directors approved a fresh term for executive chairman N Chandrasekaran in a vote that the group’s biggest shareholder called illegal.