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Tata Sons row: Noel Tata challenges Chandrasekaran's reappointment, alleges procedural lapses

🇮🇳 India · Politics · Delhi, Delhi · 12 h ago
8
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26.10 16:19 UTC
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Noel Tata challenges resolution to reappoint Chandrasekaran as Tata Sons chairman
Independent sources: 8 · dt-next, The Financial Express, www.millenniumpost.in
Noel contended that the reappointment was taken out of turn and it was not on the agenda at all for the meeting, the sources said, adding that it was limited to a debriefing from the nomination and remuneration committee.
Independent sources: 6 · dt-next, The Financial Express, www.millenniumpost.in
Other directors who had voted in favour of Chandrasekaran's reappointment at the meeting included Anita George, Harish Manwani, and Saurabh Agarwal.
Independent sources: 5 · dt-next, The Financial Express, www.millenniumpost.in
As per Tata Sons' Articles of Association, Tata Trusts' nominee directors have to give their affirmative vote for a resolution to be passed, Noel contended.
Independent sources: 5 · dt-next, The Financial Express, www.millenniumpost.in
Venu Srinivasan, the second of the Tata Trusts' directors on the board of Tata Sons, sided with the majority in favour of the reappointment.
Independent sources: 4 · dt-next, www.millenniumpost.in, TrendKia
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