Tata Trusts have challenged N Chandrasekaran's reappointment as Tata Sons chairman, calling the interpretation of the Articles of Association 'untenable' and warning against 'taking a sledgehammer to crack a nut'. They argue the resolution requires unanimous support from their two nominee directors, but one voted against. The Trusts also rejected listing Tata Sons as a governance fix, saying no gap exists.
Tata Trusts Challenge Chandrasekaran Reappointment as Chairman
Source: Moneycontrol