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Noel Tata faces fresh challenge as two Tata Trusts vice-chairmen question restructuring plan, governance process

Noel Tata faces fresh challenge as two Tata Trusts vice-chairmen question restructuring plan, governance process

·Excerpt
Noel Tata faces fresh challenge as two Tata Trusts vice-chairmen question restructuring plan, governance process
Image: Noel Tata said a listing would alter the way Tata Sons has operated for more than 150 years.

Noel Tata is finding himself in a new problem in the midst of the Tata Sons boardroom battle, with two vice-chairmen of the Sir Dorabji Tata Trust claiming that he advanced a restructuring plan without any consultation, Bloomberg reported based on a letter the duo sent to the trustees of 30 September.In their letter, they wrote, “No meeting of the Trustees of SDTT was held,” and added that the communication that was issued regarding the restructuring was done in the…

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