Noel Tata reopens fight over Chandra’s term
Mumbai: Tata Trusts chairman Noel Tata has reasserted his objection to the Tata Sons board's decision to reappoint N Chandrasekaran as executive chairman for a five-year term, questioning the board's procedures, voting requirements, and potential conflicts of interest. The issue stems from reported business connections between Venu Srinivasan, a Tata Sons director and Tata Trusts vice chairman, and Chandrasekaran.
Noel Tata demands recordings from the September 17 board meeting, final minutes, voting records, and documents filed with the Registrar of Companies. The Tata Sons did not respond to Noel Tata's earlier letter from September 30. Noel Tata also requests that the company notify the Registrar of Companies that the reappointment resolution is disputed and cease any further action until the meeting record is resolved.
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