Tata board tussle: Why N Chandrasekaran may not get reappointed as Tata Sons Chairman
The boardroom tussle at Tata has deepened further. Soon after the Tata Sons extended N Chandrasekaran’s term as the chairman, Tata Trusts issued a note calling it ‘illegal’. The obvious question is what happens next?
As per legal experts that Financialexpress.com spoke to, the board’s vote for the re-appointment is just a suggestion. As a result, if Chandra reconsiders seeking reappointment, it won’t be an easy task given how the board is divided.
