Tata Trusts challenges Chandrasekaran’s reappointment, says casting vote cannot override AoA

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.