Tata Sons vs Trusts may shift from boardroom to courtroom
Mumbai: Tata Trusts, headed by Noel Tata, is preparing to legally challenge the Tata Sons board’s decision to reappoint N Chandrasekaran as chairman, and seek judicial intervention to maintain the status quo on his tenure, people familiar with the matter said.
The Trusts will wait for an official response from Tata Sons to Noel Tata’s letter of last Friday to the holding company’s board, before deciding on its legal course of action, officials close to the matter said.
