Business · Companies · 18 hrs ago

Tata trust gets until 19 October to answer trustees’ complaints

Tata trust gets until 19 October to answer trustees’ complaints

Maharashtra’s Charity Commissioner gave Sir Dorabji Tata Trust until 19 October to respond to complaints about its governance.

The complaints were filed by trustees Venu Srinivasan and Vijay Singh, who have asked for an investigation into the trust’s decisions.

They allege the trust became involved in Tata Sons’ commercial affairs and interfered with nominee directors’ independent decisions; the trust has rejected their concerns.

Tata Sons is the holding company of the Tata group, and Sir Dorabji Tata Trust holds 27.98% of its shares.

The complaints came amid a dispute over Tata Sons’ leadership and whether it should be publicly listed, after Noel Tata opposed a third term for chairman N. Chandrasekaran at a board meeting on 17 September.

The trust’s response is now due by 19 October, while the Charity Commissioner examines the complaints.

What people are saying

Noel TataTata Trusts chairman
We find it difficult, however, to reconcile the concern expressed in your letter, that SDTT should act only after deliberation at meetings of its trustees, with the complaints which each of you sent to the Charity Commissioner by e-mail on 25 September 2026, five days before your letter, in identical terms, asking that SDTT be directed not to convene, hold or act through any meeting or circular resolution until further orders.
via Mint
Venu Srinivasan and Vijay SinghSDTT trustees and complainants
direct involvement of SDTT in the commercial affairs of Tata Sons and risk to the charitable status of the Trust
via Mint

Sources

Related news