Times of India·3 min read

Tata Sons tells Noel Tata Chandrasekaran reappointment was legally valid: Report

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YASHASVI VASISTHA
Tata Sons tells Noel Tata Chandrasekaran reappointment was legally valid: Report
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Tata Sons has told the Tata Trusts' chairman Noel Tata that its decision to reappoint N Chandrasekaran as chairman was legally valid and consistent with the company's internal governance framework, according to two people with direct knowledge of the letter, as cited by Reuters.The letter marks the conglomerate's first formal response to questions raised by the Tata Trusts, which collectively control the majority stake in Tata Sons.It comes after a week of public statements and interviews from both sides over Chandrasekaran's reappointment for another five-year term.The dispute has triggered competing claims over the decision-making process within the 158-year-old Tata group and has developed into its most significant internal crisis in recent years.Tata Sons cites legal opinionsIn its response to allegations from the Tata Trusts that Chandrasekaran's reappointment breached Tata Sons' internal governance rules, the company cited three legal opinions supporting its position, including opinions from lawyers and former Supreme Court…

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