Economy, business and finance
Tata Trusts chairman Noel Tata calls Chandrasekaran's reappointment ‘illegal’, cites Tata Sons' rules
Noel Tata voted against Chandrasekaran’s reappointment, but the resolution was approved by a majority of the Tata Sons board.
After Tata Sons approved a fresh five-year term for N Chandrasekaran as executive chairman, Tata Trusts issued a statement saying it maintains that the resolution to reappoint Chandrasekaran “is illegal”. Tata Trusts chairman Noel Tata reiterated the same position during the Tata Sons board meeting, according to the statement.