Tata Trusts said N Chandrasekaran’s reappointment as Tata Sons chairman is invalid because both Trust-nominated directors were required to approve it. Noel Tata opposed the extension while Venu Srinivasan backed it, leaving the 4-1 board vote legally ineffective, according to the Trusts.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.