WHO CONTROLS TATA SONS? Harish Salve On Board, Trusts, Chandra & RBI | Tata Sons vs Tata Company

The Tata Sons–Tata Trusts governance dispute takes a fresh legal turn as senior lawyer Harish Salve speaks exclusively to Rahul Shivshankar on the questions surrounding the Tata Sons board, N Chandrasekaran’s reappointment and the company’s proposed listing. The Tata Sons board has approved a fresh five-year term for Chandrasekaran by majority vote, while Tata Trusts Chairman Noel Tata opposed the resolution and the Trusts have called the decision a “legal nullity.” At the heart of the dispute is the role of Tata Trusts’ nominee directors, the company’s Articles of Association and whether a chairman’s casting vote can resolve a disagreement involving the Trusts’ nominees. A legal opinion obtained by Tata Trusts from former Chief Justice of India D Y Chandrachud has argued that a casting vote cannot substitute for the required affirmative support of the Trusts’ nominee directors n18oc_indian18oc_exclusive CNN-News18 is your trusted source for breaking news, updates, and in-depth analysis from around the world. CNN-News18 is dedicated to bringing you the latest news, trends, and insights, helping you stay informed and up-to-date. Subscribe Now and join our community of informed and engaged viewers. Follow Every Breaking Story LIVE Watch News18 LIVE 24x7: https://youtube.com/live/rfDx1HMvXbQFollow us on Google: news18.co/cn18gFollow CNN News18 on...