Senior advocate Harish Salve says the Tata Trusts-Tata Sons dispute has shifted from the RBI's listing directive to N Chandrasekaran's reappointment as chairman. He questioned the RBI's rationale for forcing Tata Sons, an upper-layer NBFC valued at $20-25 billion, to list, warning it could weaken corporate governance and the regulator's board oversight.
Tata Sons Listing Row Is the Real Issue, Says Harish Salve
Source: Mint