Menu

Charity Commissioner orders Tata Trusts to defer its Saturday board meeting
📰
0

Charity Commissioner orders Tata Trusts to defer its Saturday board meeting

The Indian Express·George Mathew·17 days ago
#WMde5co3
Reading 0:00
15s threshold

Tata Trusts on Friday deferred indefinitely its much-awaited board meeting scheduled for Saturday following an order from the Charity Commissioner of Maharashtra. Interestingly, the order has made reference to representation/complaint from Tata Sons Director and Tata Trusts Trustee Venu Srinivasan and Adv Katyayani Agrawal. It’s clear from the order of the Charity Commissioner that Srinivasan and Agrawal raised the issue of reducing the number of perpetual trustees. In an email to the trustees, the trust has not given any reason for the indefinite postponement of the meeting. The board meeting was originally supposed to be held on May 8, but the trust had postponed it to May 16 without assigning any reason. The key issues on the agenda of Tata Trusts board meet included review of Tata Trusts representation on the board of Tata Sons, differing views among trustees regarding the potential listing of Tata Sons and the issue of perpetual trustees.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More