Tata Trusts Challenge Chandrasekaran Reappointment in Court

The Tata Trusts, which own about 66% of Tata Sons, have called N Chandrasekaran's reappointment as chairman void, saying the September 17 board vote failed a test in the company's Articles requiring majority support from Trust-nominated directors. Tata Sons says its nomination committee unanimously asked Chandrasekaran to reconsider after he had said he would step down. The dispute now turns on corporate governance and the group's public image.