Tata Group factions hire top lawyers for control battle

Tata Group factions hire top lawyers for control battle

Tata Sons and Tata Trusts have hired prominent law firms and advocates for a potential legal fight over the group's leadership and public listing. The dispute escalated after Tata Sons directors extended Chairman N. Chandrasekaran's tenure and moved toward a listing, rebuffing Tata Trusts Chairman Noel Tata, who wants the holding company to stay private. Tata Trusts called the extension 'illegal'.

Source: Moneycontrol

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