The Sir Ratan Tata Trust's plea for an emergency board meeting was not accepted by the Charity Commissioner, casting uncertainty over Tata Sons' August 18 AGM. The trust sought a waiver to nominate a representative and approve Rs 400 crore in grants. Tata Trusts hold 66% of Tata Sons, and their participation is crucial for a valid quorum.
Tata Sons AGM in doubt as trust plea rejected
Source: Moneycontrol