Tata Trusts challenges Chandra’s reappointment, says casting vote cannot override AoA

New Delhi: The Tata Trusts has challenged the validity of Tata Sons’ September 17 decision to reappoint N Chandrasekaran as chairman, arguing that the company’s Articles of Association require affirmative support from a majority of its Trust-nominated directors and that a chairman’s casting vote cannot override that condition. The boardroom battle at India’s largest conglomerate [...]